
The Iron Law of Wealth Building (or How to Translate Personal Financial Statements into Results) RPF0029
Radical Personal Finance
00:00
How Can You Apply Leverage and Compounding in All the Right Ways?
If you haven't done these financial statements, i really believe that this is a really useful tool. Create a simple balance shet and create a simple casual statement. Or pick a category, if it's outflows, you can go through every category of your budget here. And sometimes you may wind up in a perspective where you are doing a fancy financial planning tool. You're doing a fancy tax planter or something like that. If you want to just say, i want to do what i'm passionate about and ignorete skill, if you're willing to forego the potential financial loss, there's no reason why you can't make that choice.
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