Monday, June 11, 2007

The First Step To Financial Freedom

Alright, You are mentally ready and prepared to start getting yourself into the future you wanted, you might be confused how to and where to start.

First thing first, if you want to be financially rich, you must learned how to control your expenses. Yes, your expenses, not learning to invest, but knowing where your money flows to.

You can be earning millions of dollars, but without proper control you still lose them all in the end. And this is the reason why many lottery winners who won millions, will lose all their money within a few months.

For myself, every day I would record on a piece of paper how much i spend and what did i spend on. End of the month i would sum them all up and look through my whole month spending. And if i spend too much money on that certain portion, I would be focusing on controlling my spending in that area.

As time goes by, you will discover how it is easy to stop your spending habit just by looking through your expense sheet.

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