"Your Money or Your Life: Transforming your relationship with Money and Achieving Financial Independence."
I've just started reading this book with the objective of being smarter about money. The first exercise it has you do is very interesting:
1)Total your gross earnings from the time you started working...I've made almost $500,000!!
2)Total your money, ie 401k, savings, life insurance, home equity, etc
3)Total your debts
4)Record and total the cash value of everything you have if you were to sell it. List possessions as prices you could get at a garage sale or consignment. This makes you realize how much stuff you have when you have to itemize everything! It helps you get over the "I need" or "I don't have" when you look at a spreadsheet of thousands of items you own.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment