Building a financial map
Over at the Blueprint for Financial Prosperity they have a great post up on Building Your Financial Network Map. I think this is a great idea for anyone to do to gain a better understanding of how their finances play out.
After doing this exercise you will have a better idea of where your money comes from, how it fits with your accounts, and how that money outflows into various bills and obligations. Hopefully you have plenty of assets that you are building up, and not too many outflows like credit cards and car payments.
