Made some changes to what I am doing

One of the problems I contribute to my financial problems is being not admitting I have a spending addiction and lack of knowledge of handling my money properly. In order to improve my life, I looked harder at my financial statements and continued reading articles and books by Jason Zweig. The majority of this work came about at the end of the year preparing my financial statements getting them ready for my accountant. What I have noticed on both side businesses my wife and I operate, we did not make enough money to cover our time and transportation costs. Even though we made over $7,000 in sales, our expenses came to $7,438 generating a net profit(A net profit is generated by subtracting your expenses from your sales). By not focusing on improving your financial goals, you can continually spend more money even though you are making money through sales. I have not decided what to do since you have to give a new business three years to determine if the venture is profitable.
Sunday, December 20, 2009