Sometimes looking at your own personal financial future can be intimidating. Here I offer 5 steps you can take right now to get your financial house in order.
1. Know where you are. Get the bills and statements out of the drawer, out of the cubby hole. Organize them, throw out the old stuff and focus on the new. Write down on paper where you are financially, your asset and debts, your income and expenses.
2. If your income is less than your expenses, you have two choices. Either earn more money or cut what you spend. Most people will be surprised at how little they really need to be happy, and equally surprised at how easy it can be to earn just a little more. In the end, and no matter how it shakes out, you have to earn more than you spend. Read More