Jan 22 2008
Keeping Good Records
Be sure you know the condition of your flocks, give careful attention to your herds; for riches do not endure forever, and a crown is not secure for all generations.
I must know the condition of my finances. I do that by keeping a good record of of what I:
- Own
- Owe
- Earn
- Spend
Four steps that is necessary for me to know exactly what to prioritize today and plan for tomorrow. Being ignorant of the state of my finances, plus the lure of easy credit, is a recipe for disaster!