---
aliases: ["Personal Finance"]
Is A: Responsibility
Belongs to: "[[area-finance]]"
Has Measures: ["[[measure-net-worth]]", "[[measure-savings-rate]]"]
Has Procedures: ["[[procedure-monthly-portfolio-review]]", "[[procedure-quarterly-financial-planning]]", "[[procedure-invoice-processing]]"]
Status: Open
---
# Personal Finance

Personal finance is about building long-term financial resilience so that creative and business decisions are never driven by short-term cash pressure. This responsibility covers investment management, savings discipline, financial planning, and the operational side of invoicing and cash flow — all with a philosophy rooted in simplicity, index fund investing, and a high savings rate.

## Scope

- Tracking net worth on a monthly basis to maintain visibility into long-term trajectory
- Maintaining a savings rate above 30% of income through disciplined spending
- Managing an investment portfolio primarily built on low-cost index funds
- Running quarterly financial planning sessions to review goals, allocation, and risk
- Processing invoices and managing cash flow for Refactoring's sponsorship revenue
- Keeping financial systems simple and automated wherever possible

## Current state

The savings rate target is consistently met, and the portfolio is performing in line with broad market indices. Monthly net worth tracking has become a reliable habit, and the quarterly planning sessions provide a good checkpoint for rebalancing and revisiting assumptions. Invoice processing runs smoothly thanks to a standardized workflow, though there is occasional lag when sponsor renewals overlap.

The main area for improvement is tax optimization. As Refactoring's revenue grows, the Italian tax situation becomes more complex, and there may be opportunities to structure things more efficiently. This is worth a dedicated review in the next quarterly planning session. The overall philosophy remains unchanged: keep it boring, keep it diversified, and let compounding do the work.

## Key procedures

- [[procedure-monthly-portfolio-review]]
- [[procedure-quarterly-financial-planning]]
- [[procedure-invoice-processing]]

## Key measures

- [[measure-net-worth]]
- [[measure-savings-rate]]
