If you’ve been watching the Tour de France you are probably at least slightly impressed by the endurance and physical condition of the cyclists. Likewise, footballers playing in the World Cup in extreme Brazilian conditions are in great shape. You may even feel a little envious.
But you must remember. These guys aren’t born like this. It’s not luck that makes them that way. They have worked at it. Really, really worked at it.
If you feel inspired by these great athletes then remember it is going to be hard work. There’s no quick fix. The same mentality can be applied to the way you approach your personal finances.
To take charge of your physical health, doctors encourage you to know your numbers, such as blood pressure, cholesterol, blood sugar, and BMI (body mass index).
When you’re looking at your financial situation you should apply a similar approach. The following ‘exercises’ will help you get into shape, financial shape.
Exercise 1: Identify Income