This Is the Secret to Organizing Your Finances
The first step when organizing your finances is to determine what it is you would like to accomplish. After your goals are set, the most important thing you need to take a good look at is your cash flow, so that you can figure out the necessary steps to fund your goals. I suggest doing this in three steps:
- Add up how much you are spending.
- Figure out how much you earn and pay in taxes.
- Subtract your expenses and taxes from your income to calculate your discretionary income.