http://www.pinoymoneytalk.com/2006/09/10/whats-your-net-worth/ Make Money Online, Google Adsense, SEO, Stocks, Forex, Mutual Funds Philippines Fri, 29 Aug 2008 07:13:00 +0000 http://wordpress.org/?v=2.6.1 http://www.pinoymoneytalk.com/2006/09/10/whats-your-net-worth/#comment-15 Pinoy Money Talk (PMT) :: Pinoys Making Money Together » Blog Archive » How to make a financial plan Thu, 14 Sep 2006 00:42:56 +0000 http://www.pinoymoneytalk.com/2006/09/10/whats-your-net-worth/#comment-15 [...] 1. Have a realistic picture of your financial situation. Compute for your net worth (total assets less total liabilities) to see where you stand on the financial front. This will let you see if you have enough assets to cover your liabilities, or need to be more disciplined in money management to increase your assets (e.g., savings) and decrease your liabilities (e.g., pay off debt). Make your own income statement too — identifying your income sources and expenses to help you determine where you can further cut costs. [...] [...] 1. Have a realistic picture of your financial situation. Compute for your net worth (total assets less total liabilities) to see where you stand on the financial front. This will let you see if you have enough assets to cover your liabilities, or need to be more disciplined in money management to increase your assets (e.g., savings) and decrease your liabilities (e.g., pay off debt). Make your own income statement too — identifying your income sources and expenses to help you determine where you can further cut costs. [...]

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