Personal Finance: Appreciating What You Have
Are you interesting in making more money? Or simply feeling like you have enough? No matter what your personal finance plan or whatever financial advice you've been given, one thing is for sure: In order to really feel wealthy, you've got to appreciate what you already have.
Often we're plagued by a quiet discomfort of not having enough. It's a nagging sense of needing more. Why do we feel this way? The answer lies not among the various financial strategies we've learned. The reason why we don't feel fully satisfied, comforted, safe — all of the feelings we expect money to satiate us with — is due to not appreciating what we already have. This can include health, family, children, education, house and possessions — even our natural talents.
As it says in the ancient scriptures, Who is wealthy? He who is satisfied with his portion. If you get this, then surely you'll feel your cup runneth over.
April 15th, 2011 at 5:00 pm
A starting point for any personal financial plan is determining cash flow and net worth. For cash flow, evaluate your monthly income and expenses from all sources.
Net worth is an important tool to ascertaining your overall financial condition. To determine net worth, first calculate all your assets and liabilities. Assets include cash, savings, investments, real estate, and personal property.