In my experience, one of the most important skills to develop with your finances is the ability to keep track of your money.
But would you post a “personal finance selfie”? Would you be willing to be open and share how well you are doing with money?
Well the answer is probably no, simply because how you are doing with your money is a very personal and private matter.
I believe most of the advice offered today by the conventional wisdom is focused on the short term as opposed to the long term impact on your financial wellness. So where should you and I focus? I want to start a great fight (i.e., conversation) about these two financial numbers: Net Worth vs. FICO score.
In my experience one of the most important skills to develop with your finances is the ability to keep track of your money. In order to gain control of your money you need to understand what’s happening with it.