Mike Milligan has introduced a new approach to financial planning with his book “The One-Of-A-Kind Financial Plan.” The book challenges traditional financial advice by focusing on personalized strategies that adapt to individual circumstances rather than generic formulas.
The financial planning industry often pushes one-size-fits-all solutions. Milligan’s book takes a different path. It recognizes that each person’s financial journey differs based on their goals, values, and life situations. The blueprint adapts to readers, whether they’re starting their careers, raising families, or planning retirement. This personalized approach addresses a common frustration many feel when standard financial advice doesn’t match their reality. The book provides tools to build custom financial plans that align with personal priorities rather than following rigid rules that may not apply to everyone’s situation.
- Mike Milligan, what prompted you to write “The One-Of-A-Kind Financial Plan” when there are already countless financial planning books available?
Mike Milligan: The market is full of one-size-fits-all books. Yet no one wants to live the same life as everyone else; we all want unique experiences in our lives. I wanted to write an easy-to-read, simple financial planning book that would inspire the reader to take action.
- Your book emphasizes personalized financial strategies. Can you give an example of how two people in similar income brackets might need completely different financial plans?
Mike Milligan: Imagine one person is an outdoor fitness junkie while the other is a foodie. They could sit right next to each other doing the same job, making the same money. But the financial plan for each would be different because one wants to do physically adventurous things and the other wants to eat adventurous food. We are all unique and our financial plan should be just as unique.
- Many financial advisors promote universal rules like “save 20% of your income.” Why do you believe these blanket recommendations fail most people?
Mike Milligan: Everyone needs a plan that works for them. For some people, they want to live on a small amount of their income and retire early (i.e. “The FIRE Movement”) and others want to spend and have little savings to travel now. Who is right? They both are doing what is right for them; and they both need a plan to accomplish this. Rules like this are made by financial companies to create one-size-fits all plans that benefit shareholders, managers and employees. Money is meant to be planned to benefit you.
- What are the key components readers need to consider when creating their one-of-a-kind financial blueprint according to your methodology?
Mike Milligan: If banks helped you get out of debt, if investment companies taught you how to invest on your own, if restaurants limited the amount of calories you could order per meal, if investment companies taught investments, they all would go out of business. So the first thing to realize about this life is about you; and your financial plan should be also. Then after you build your vision for your life and your retirement, you have to try to keep more money for yourself by paying less taxes, reduce fear by getting retirement income you deserve, investments you understand, long-term care plan you know that will take care of you at the end of your life and a legacy plan that tells your family you love them. The One of a Kind Financial Plan is about you so you can live a One of Kind Life.
- How does your approach help people who feel overwhelmed or behind on their financial goals compared to their peers?
Mike Milligan: I hear from people who read the book or speak with my team things like “you make this simple for us”, “you speak my language”, and “thank you for educating me and not talking down to me”. The One Size Fits All financial world wants you to need them; we want to free you up to live a One of a Kind Life and that requires understanding.
“The One-Of-A-Kind Financial Plan” offers readers a fresh perspective on managing money that honors individual circumstances. Milligan’s approach moves away from guilt-inducing comparisons and rigid formulas toward practical strategies that work for real lives. As financial uncertainty continues to affect millions, this personalized blueprint provides a path forward that adapts to each reader’s unique situation and goals.
To learn more, visit http://www.mikemilligan.com/