Keys to Riches Twelve: Practicing the Three R's with host Heather Wagenhals offers specific financial techniques to help your financial habits become healthy money management skills.
This Week's Key Number Twelve:
Practicing the Three R's: Review Revise Recommit
Now that I am on the path to financial independence, I need to see how much I have accomplished or strayed from that goal. I need to evaluate where I am now compared to three months ago. Then decide if I have to alter my plan because I may have new information. I may or may not need to make changes to my current plan. Regardless of changes made, I must recommit myself to my financial independence.
I am great at reconciling my finances every quarter.
Key Commitment: I commit to quarterly Review, Revise, and Recommit to ensure my long-term vision for financial success is supported by what my daily dollars are doing.
Key Action Item:
Take a pencil to paper and review where we are, ask the three questions and five areas of concern Heather talks about in the Bushido Business Book, and make the necessary revisions, and recommit ourselves to our financial goals.