Thursday, September 14, 2006

Your Wealth & Your Budget

How can you know what to spend, invest or save if you don't know your overhead? Therefore the next step in attaining wealth is one of the most important steps

Step 2-Analysis of your budget
What is your household overhead? The term “overhead” is used in business quite a bit. Overhead is the day-to-day cost and monthly/yearly cost of operating your household. You would be amazed at how many people do not know what it cost to “operate” their house. They think they know until they actually put pencil to paper and write out every cost. They are usually very surprised how much money is actually wasted and where it all goes. And it goes pretty damn fast.

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