Success consists of going from failure to failure without loss of enthusiasm . ~ Winston Churchill There is no single right way to make a budget. Like most other aspects of personal finance and life we just need to figure out how to make the one that works best for us. Usually, this will mean…
Tag Archive: financial statements
Evaluating Your Balance Sheet
In the middle of the journey of our life I came to myself within a dark wood where the straight way was lost. – Dante Alighieri (1265-1321) Having answered the “where are you” question by drawing up your balance sheet, it’s time to ask yourself the next question: Are you happy with where you are?…
Your Balance Sheet and Net Worth
Knowledge is power. – Sir Francis Bacon, 1597 Yesterday, we started to answer the “Where are you?” question by doing some research on ourselves. I obviously don’t think you’ve got that done already, but I’m going to move on to what to do with it. If you’re in the habit of reading financial blogs, you…
Research Yourself
A journey of a thousand miles begins with a single step. – Lao-tzu This post begins a series on Balance Basics that will provide some tips to start improving your balance sheet. If balance is a journey, you need a map. We’ll construct our map using the Shampoo Cycle as a guide, so the first…
