Rule 30: Get Your Finances Under Control

You may have a good income but it leaks away before you get to spend it, in a whole variety of ways (taxes, interest, poor investments, excessive spending). Before you can control your finances, you have to stop the hemorrhages.

Do a quick search and see what levels of interest you are paying. Make sure you’re not paying more than you have to through negligence. If your fixed rate deal has come to an end, it could be time to check out the best deals that are now available.

Keep a record of everything you spend. Everything. We’re gonna dive deep into this in The Flight. If you are going to be wealthy, first you have to know where your money is going. There’s no exception. You knew this wasn’t going to be easy. But stick with me, and you’ll be glad you did. The wealthy are eagle-eyed, miss nothing, and keep track of everything.