This part is important. If you don’t know where your money goes, it will be that much harder to hold onto it.
The online tools are there. Many of them are free. All you need to do is choose to use them. Consistently. They may even suggest ways you can cut costs or earn more interest.
But remember – they are only tools. They can’t force you to save. To focus. To adjust your attitude towards money. That remains firmly in your hands.
Whether you use an online tool, a spreadsheet, or pen and paper, you will now have a list showing your net income, what you take home after deductions, then your monthly expenses underneath. Include all monthly payments – store accounts, loan repayments, and car payments. Use averages for expenses that fluctuate.
If your income is more than your monthly expenses, well done. You are on the right track. But you could still be doing better.
If your expenses are more than your monthly income, you know you have a problem. Maybe that’s why you bought this book.
Okay, so let’s see what we can do about it.
Whether your income is higher or your expenses are higher, you still need to run through those expenses on a regular basis and cut where you can. That’s right, even if your income is already covering them.
Why? Because you could still be throwing money away every month.
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Stop living from salary to salary. Achieve Financial Independence. Retire Early. Join the FIRE movement igniting the world.
Follow these weekly posts for solid advice on how to escape the rat race, covering material contained in Hard Money.
This is no get-rich-quick scheme. It won’t be easy. That’s why it’s called Hard Money.
Work while they sleep. Learn while they party. Save while they spend. Then live like they dream.
Anyone in Johannesburg who would like a signed copy (of any of my books, or Shorty’s Poems) can have one delivered to their door by Big Bad Wolf Motorcycle Maniac Deliveries. No charge for delivery.
Or have them delivered anywhere in South Africa via Bakgat Books. https://bakgatbooks.co.za/all-stores/burning-books/
Also available in Edenvale from Inner Journeys bookstore.
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Or from Profound Books in Bramley.
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And they’ll always be available on Amazon.
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