Thursday, April 5, 2012

Getting Started

I am getting started blogging, so I will start by describing the first action item, to get to six figures by thirty.

To have a net worth (Total Assets - Total Liabilities) over one hundred thousand by thirty, one has to live well below their means.  This boils down to saving more money than you spend each month.

My first action item for everyone is to get a mint.com account.  Utilize this to get a handle on your spending, what is your positive (or negative cash flow each month). This exercise can be very eye opening for many to see where their money is going.

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