Comments on: The 7-Day Turnaround, Day 1: Take an Inventory of Your Finances http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/ Tips for living frugal while still having a life Sat, 20 Mar 2010 20:06:24 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: for information click http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-6198 for information click Tue, 02 Sep 2008 15:07:11 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-6198 <strong>for information click...</strong> I like this site great information... for information click…

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]]> By: Attention Newlyweds: Rent a House | Frugal Dad http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-1998 Attention Newlyweds: Rent a House | Frugal Dad Thu, 01 May 2008 11:01:05 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-1998 [...] equity in a home is not the only way to grow your net worth - there are plenty of other investment opportunities. Some could make the argument after the recent [...] [...] equity in a home is not the only way to grow your net worth – there are plenty of other investment opportunities. Some could make the argument after the recent [...]

]]> By: Book Review: Kiss the Rat Race Good-Bye | Frugal Dad http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-854 Book Review: Kiss the Rat Race Good-Bye | Frugal Dad Sat, 22 Mar 2008 16:03:11 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-854 [...] 3: Up Your Assets As I mentioned in my 7-Day Turnaround series, the first step of determining direction with any new plan is to establish a starting point. Lewin [...] [...] 3: Up Your Assets As I mentioned in my 7-Day Turnaround series, the first step of determining direction with any new plan is to establish a starting point. Lewin [...]

]]> By: The Frugal Dad: 7-Day Turnaround: That’s a Wrap - 7-Day Turnaround http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-170 The Frugal Dad: 7-Day Turnaround: That’s a Wrap - 7-Day Turnaround Wed, 30 Jan 2008 11:18:38 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-170 [...] 1 - Take an inventory of your finances. This step involves taking an inventory of all of your assets and liabilities to create you own [...] [...] 1 – Take an inventory of your finances. This step involves taking an inventory of all of your assets and liabilities to create you own [...]

]]> By: The Frugal Dad: Book Review: Your Money or Your Life - Books http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-136 The Frugal Dad: Book Review: Your Money or Your Life - Books Sat, 26 Jan 2008 12:01:27 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-136 [...] Making Peace with the Past. During this first step you will find out how much money you have earned in your working lifetime. I’ve always been afraid of doing this because the YTD earnings on my pay stub are scary enough - to think how much money has slipped through my fingers and into the hands of retailers, banks, etc. After you discover how much money you’ve earned over your lifetime the next step is to determine how much of you managed to keep. Gather up your assets and liabilities and take an inventory of your finances. [...] [...] Making Peace with the Past. During this first step you will find out how much money you have earned in your working lifetime. I’ve always been afraid of doing this because the YTD earnings on my pay stub are scary enough – to think how much money has slipped through my fingers and into the hands of retailers, banks, etc. After you discover how much money you’ve earned over your lifetime the next step is to determine how much of you managed to keep. Gather up your assets and liabilities and take an inventory of your finances. [...]

]]> By: The Frugal Dad: The 7-Day Turnaround, Day 5: Start Saving for Retirement - 7-Day Turnaround http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-125 The Frugal Dad: The 7-Day Turnaround, Day 5: Start Saving for Retirement - 7-Day Turnaround Fri, 25 Jan 2008 12:08:11 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-125 [...] it’s probably a good time to look back and see what all you have accomplished.  After taking an inventory of your finances you established a three-month emergency fund to break the cycle of relying on [...] [...] it’s probably a good time to look back and see what all you have accomplished.  After taking an inventory of your finances you established a three-month emergency fund to break the cycle of relying on [...]

]]> By: Coupon Fetcher http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-96 Coupon Fetcher Tue, 22 Jan 2008 00:45:13 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-96 Great post. I am stating the obvious here but the neat thing about doing this honestly is the fact that you will be better able to track your progress and set financial goals. Otherwise you just kinda float along without a game plan. Looking forward to the rest of this series. Great post. I am stating the obvious here but the neat thing about doing this honestly is the fact that you will be better able to track your progress and set financial goals. Otherwise you just kinda float along without a game plan. Looking forward to the rest of this series.

]]> By: Ron@TheWisdomJournal http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-93 Ron@TheWisdomJournal Mon, 21 Jan 2008 17:18:02 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-93 Wow, what a great post. Good Job! You're absolutely right. In order to get where you want to be, you have to know where you are right now. I heard a speaker illustrate it this way. If you received a phone call from someone asking how to get to Chicago, could you tell them? The audience said YES, but the speaker then asked someone to go ahead and tell the phone caller how to get there. The next statement summed it up nicely, "Well, where are they right now?" One thing I would add, and you'll probably cover this in a future post, is to update "where you are" every month or so. This would help keep you on track. Ron Wow, what a great post. Good Job!

You’re absolutely right. In order to get where you want to be, you have to know where you are right now.

I heard a speaker illustrate it this way. If you received a phone call from someone asking how to get to Chicago, could you tell them? The audience said YES, but the speaker then asked someone to go ahead and tell the phone caller how to get there. The next statement summed it up nicely, “Well, where are they right now?”

One thing I would add, and you’ll probably cover this in a future post, is to update “where you are” every month or so. This would help keep you on track.

Ron

]]> By: The 7-Day Turnaround, Day 1: Take an Inventory of Your Finances | College Loans http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-90 The 7-Day Turnaround, Day 1: Take an Inventory of Your Finances | College Loans Mon, 21 Jan 2008 15:02:01 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-90 [...] post by The Frugal Dad: Tips on Frugal Living and Saving Money Share and Enjoy: These icons link to social bookmarking sites where readers can share and [...] [...] post by The Frugal Dad: Tips on Frugal Living and Saving Money Share and Enjoy: These icons link to social bookmarking sites where readers can share and [...]

]]> By: American Dad » The 7-Day Turnaround, Day 1: Take an Inventory of Your Finances http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/comment-page-1/#comment-89 American Dad » The 7-Day Turnaround, Day 1: Take an Inventory of Your Finances Mon, 21 Jan 2008 14:34:17 +0000 http://frugaldad.com/2008/01/21/the-7-day-turnaround-day-1-take-an-inventory-of-your-finances/#comment-89 [...] Here’s another interesting post I read today by Jason [...] [...] Here’s another interesting post I read today by Jason [...]

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