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Money Habit #4 – Face the Truth of Your Financial Situation Today – and Review it Frequently

Wealthy people know their numbers. 

I ask each of my clients and students to fill out several financial statements.  You have to know where you are financially now to get to where you want to be. 

The biggest mistake I see is that people often do not face the truth of their money habits and the situation these habits have created. 

No matter how badly you might be in debt, or how little your income covers your lifestyle, you have to know what you are doing today so you can improve your financial habits and outcomes tomorrow. 

The road to Money Self-Mastery starts with getting clear on your numbers, and reviewing them frequently to note your progress. (Start with weekly reviews.)

Enumerate your exact financial status right now by filling in these two statements (download from my website):

Cash Flow Statement

Next, Habit #5 – Looking at Your Debting Patterns

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