Last week I talked about getting an annual physical check up, to see how things are health-wise. This week I want to talk about doing a different one; a financial check up.
Annually, I complete a personal financial statement (PFS). This is a good evaluation to see how things are going financially. This includes income, expenses, assets and liabilites. Just like a training log, a physical report and tracking intake, being aware of one's financial status and checking progressis critical to make sure things are on track. Knowing where you are is a big step to getting where you want to be.