After you know your net worth, you need to figure out if you are headed in the right direction. You need to figure out where your money is going. To do this you will need to track all of your expenses. Write down every bill, payment and expense that you pay in a typical month. Most of the time people spend a lot more than they think they do. How do you fix … [Read more...] about SPEND – Know Where Your Money is Going
Beginner Series
KNOW – Determine Your Net Worth
Determining your net worth is an easy formula, but getting all of the information together can be time-consuming. It's worth it. You need to know your net worth. You need to know where you are starting. If you already know your net worth then you can skip this step. How to Determine Net Worth It's a simple formula... It's that easy! So what are assets and … [Read more...] about KNOW – Determine Your Net Worth
BEGIN – The Most Important Step
The most important step to success in anything is the first step. If you don't begin, you won't get anywhere. As we know from Lao-tzu: "A journey of a thousand miles begins with a single step". This is the first article in a series on beginning your path to financial success. Always remember that finances often seem more complex than they really are. It's important to … [Read more...] about BEGIN – The Most Important Step