The Pyramid to Financial Freedom – Second Tier

I've talked about setting the foundation to financial freedom by getting to know your balance sheet (net worth), cash flow (dollars in/dollars out), and your dreams. Now we're going to move on to an introduction to the second tier, and we'll spend time over the next few weeks working our way through each specific topic. … Continue reading The Pyramid to Financial Freedom – Second Tier

Getting to Know Your Dreams – A Three Step Process to Discovering Where You Want to Go

Last week we worked our way through the foundation to financial freedom. First we got to know our balance sheet (or net worth), so we know where we stand right now in terms of our finances. Then we recorded our cash flow, so we know how much we have coming in and where it's going every … Continue reading Getting to Know Your Dreams – A Three Step Process to Discovering Where You Want to Go

Dear Debt – It’s Not Me, It’s You – A Review

A few weeks ago I was fortunate to win a Rockstar Finance Forum contest with an entry writing a "dear debt" letter to my stupid mortgage company that mails me weekly (yes weekly!) letters begging me to take out a home equity loan. My prize? A copy of the new book Dear Debt  (affiliate link) by Melanie … Continue reading Dear Debt – It’s Not Me, It’s You – A Review

Know Your Cash Flow – Not a Budget

So far this week I've talked about the foundation to financial freedom, and detailed how calculating your net worth is the best starting point. Now I'll talk about pulling together your statement of cash flows. What is a statement of cash flow, you might be wondering? It's a concept companies use to do something simple: … Continue reading Know Your Cash Flow – Not a Budget

Knowing Yourself – Your Balance Sheet – 2016 Financial Report

On Monday I wrote about the financial pyramid, and the importance of knowing yourself as the foundation to financial freedom. Today I'm going to talk a bit more about net worth, and share the outcome of my quarterly net worth process. I wrote a bit about my quarterly net worth process before. To be honest, I'm … Continue reading Knowing Yourself – Your Balance Sheet – 2016 Financial Report