If one of your goals for the new year is to get a handle on your finances, the national best-selling book Your Money Or Your Life by Joe Dominguez and Vicki Robin is an excellent read full of great advice, starting with a couple of tips to get a handle on where you’re at now:
- Write down all of your assets and liabilities, and calculate how much you have and how much you owe.
- Understand where you’re spending for a month by keeping receipts and logging all purchases for 30 days.
Once you have an understanding of where you’re at and what your spending habits look like, you can be more aware and informed about the financial choices you make.