Money Management

Organize Finances
You Can't Move Forward Until You Know Where you Are!

Organize Finances. It's the only way to find the starting point in your game. You must take the time and just do it. Sorting your finances may not seem like a fun part of the game but it is the most important and is not to be missed!

I have some bad news, or you may see it as good news. You are already playing a money management game. Unfortunately, you may not realize it.

As mentioned in the step 1 (Ready to Change) you have formed habits, or rules, with money throughout your life. So to start a new game, you must first find out where you are right now. Essentially what your score or scoreboard is in your present game.

Do you know where you are with your money right now?

If you do know, congratulations! You are already a step ahead! It's like you just moved ahead 3 spaces on a game board!

If you don't know, that's ok - that is why you are here. And you are not alone - so many people are unaware of what their score is in their money game (in my studies 9 out of 10 don't know where they are with their money).

To find out your score, you must organize personal finances and take a good hard look at where you are right now. You have to see what your starting point or “Money scoreboard” is. Essentially you have to organize your personal finances and more importantly, you will have to be real about it.

If sorting your finances freaks you out then take your time, and remember you aren’t alone – rely on your team! (Go to community that you created and see that you are not the only one!) Money Management

If you are having a hard time looking at the dollars and cents of it all, then you want to look at possible emotional blocks you may have. As mentioned in Step 1 - Ready for Change - you have created habits that have come from the people in your life, your past and your past experiences with money. These experiences, or money messages, may have caused some emotional blocks for you and stopped you in your tracks when you try to organize finances. In the next step you will look at the truth behind your finances and get real about those blocks, so you can get past them and create the money management plan that works best for you!

OK let’s get down to business.

Organize Finances - What does Your Money Scoreboard Look Like?

To find out your money scoreboard, you will look at the raw data.

What do you own? What are your assets? How much are they worth?

What credit card balances or loans do you have? What else to you owe?

To get a free Net Worth Statement to calculate your net worth, join our E-zine, Moneyzine - Your Money Management Tool, and receive the Transform Your Money Net Worth Statement forms FREE.

To learn more about how to organize personal finances check our personal finance tools.

Once you have done the work to organize finances, you will have your scoreboard and see what your reality is, you must discover what your rules were to get you to this point.

Essentially you will see where not organizing finances has brought you to!

Money management is just organizing your money. Chances are that if your money isn't organized then you could use some home organizing or home office organizing. Check out these great tools on organizing your home from a friend and SBI! colleague of mine, Erin of Home Organize it!

Now that you understand why you have to organize finances - click here to understand how you got here with The Truth Behind Your Finances

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