Your Current Position

The 1st Step to money mastery is know your current financial position

And this makes sense, right?

If you were driving and you weren’t certain of the directions you might do what I’d do which is use Google Maps. What’s the first thing Google Maps asks you after you’ve entered your destination?

Do you want to leave from your current location!

Why does it do that?

Because if it doesn’t know you are it’s really hard to plan an effective route to where you want to go.

And the same applies to your financial journey…

If you want to get from A to B financially you’re got to know where A is So, how do you figure out your current financial position?

Well here’s a simple and effective way strategy…

Make a list of everything that you own and the corresponding dollar value if you sold it.

Then make a list of everything that you owe and how much is outstanding. In accounting terms this is known as your Balance Sheet and it’s a great snap shot about how things are for you currently. So there it is… really straight forward. All you need to do is figure out how much you own and how much you owe.

And to make it even easier I’ve created for you a FREE Own vs Owe resource right here on the website that you can download.