Financial Position

Financial 2017-02-12T11:40:36+00:00

AUDIENCE

This information applies to anyone who lives in the civilized world. All who live in a world where money exists. For the young & the elderly.

Every month, your income from your job/assets, & your liabilities/expenses determine whether you are:

  • Losing financially
  • Staying in the same financial situation
  • Becoming financially secured
  • Gradually becoming financially well-off
  • Gradually becoming financially wealthy

Being in debt, makes life harder & slows down the process of getting ahead. Getting rid of debt by analyzing different approaches is a good start. For now, let’s focus on your monthly Income & Spending. Numbers speak the truth:

  • If your monthly income is LESS than your monthly spending, then you’re losing financially
  • If your monthly income is EQUAL to your monthly spending, then you will break even
  • If your monthly income is MORE than your monthly spending, then you will have extra money
  • If your monthly income is DOUBLE the amount of your monthly spending, then you’re becoming financially well-off
  • If your monthly income is BEYOND your monthly spending, then you’re, becoming or already financially wealthy