I think of my balance sheet and my goals as my financial roadmap. Now I know where I am and where I want to be. Like going from LA to New York. There are many different routes I can take to get to my destination, but some are more direct than others. Now I need to decide which route is the best one for me. I would really like to attain my one year goals as fast as possible! So I am going to research the fastest route to my goals. I have actually started that by starting this blog. I am keeping myself accountable by proclaiming to the world my goal of financial freedom.
Sunday, June 29, 2008
Make a Financial Roadmap
Now that I have written down my goals and have placed them where I can see them everyday, I need to define where I am at right now. No, I don't mean where I am physically, but where I am at financially. I need to write down all that I own and all that I owe. A balance sheet of my assets and liabilities. All of my liabilities. That is a little scary. To actually face where I am financially. Ok, here goes..........What, did you really think I was going to write it down here? No way. But I will make you a deal, this time next year I will show what my balance sheet showed for today. I about fell over when I did it, not quite ready to admit it to anyone else just yet.
Labels:
balance sheet,
Goals,
roadmap
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