20
MANAGEMENT
Being in control of your money rather than money having control of you is one of the fundamental principles of having a balanced Money Wheel.
Here are some questions for you. How much money do you have in the bank? How much do you owe? How much income do you need to support your life the way you live it right now? What is your net worth today?
If you know the answers to those questions then you are well on your way to being a brilliant money manager. If, like many, you ‘haven’t got a clue’ then here’s what you must do.
Complete a full and frank personal financial audit
Doesn’t that sound exciting? If you have a low mark for money management, you’re probably panic stricken at the thought or have a heavy heart at the prospect ...
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