Wealthy people track their sources of income monthly, too. Most of them have multiple income streams – not only from a job, if they have one, but from other endeavors that pay them money, like investments, rents or royalties, receivables from loan repayments made to them, even interest on their checking accounts. The only way [...]
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Money Habit #7 – Keep Track of Your Cash and Expenditures
Most wealthy people can tell you exactly how much money they have in their pocket or purse. The money they do spend is tracked carefully. You need to know where your money is going – all your money. If you write checks for cash, or debit your checking account for spending money, do you know [...]
