Understand Your Financial Situation
We already discussed the 4 rules to get started with personal finance but let’s take a closer look at getting a better grip on your financial situation. Knowing that you want to achieve financial independence is great because it gives you a goal. But in order to achieve that goal you need to know what your starting position is. Map out the status quo Grab a piece of paper and a pen or pull up a spreadsheet. And now write…
4 Rules to Get Started With Personal Finance
This topic is really dear to my heart and it is frustrating that although it affects every single one of us, none of us learn about it in school or even university. We all pay bills, we all (hopefully) earn money, we all pay taxes (usually) but do we really know how all this works? How are we expected to win this game if we don’t know the rules? Aiming for Financial Independence? If you are looking to achieve financial…