Look at Cash Flow

Take the time to find out where your money is going on a day-to-day basis.

Person holding wallet with money
(Image credit: Getty Images/iStockphoto)

If you feel comfortably in control of your regular income and outgo, then maybe you can safely skip this topic. On the other hand, if you have to admit that you're barely making it from payday to payday, or if you're not exactly drowning but have the distinct feeling that you're treading water while others swim merrily by, then here is where you'll find the means to get moving.

The first step is to perform a little piece of self-analysis. Taking some time to record what you do with the money that passes through your hands on a day-to-day basis will pay off in valuable information about the state of your financial affairs.

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