May 2013
Beginner
256 pages
3h 58m
English
Content preview from The Rules of Wealth, 3rd Edition
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RULE 70
Carry out a finance health check regularly
It is essential if you are going to increase your prosperity that you maintain a healthy awareness of your bank balance. You should be carrying out a finance health check on a regular basis. I think, personally, it should be weekly. Of course, you are free to do it as often as you want and if that means monthly or even longer, then that is entirely up to you but I wouldn’t recommend that you leave it too long.
My observation is that the tighter a grip you have on the pulse of your financial life:
- the quicker you can react to changes
- the more information you have to make decisions
- the less chance there is for things to go drastically wrong without you noticing
- the better a focus – and thus interest ...
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