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Lessons: 33 | 34 |35|36

Expenses vs. Investments

Lesson 34 circles back to financials - specifically, how you look at the outgo of your business. Are you making investments or creating expenses? One will help build your company, while the other just drains you dry.

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Your Assignment

Remember that EVERYTHING is an opportunity for awareness!

1. Review all your outgo - be sure to count the things you only pay for periodically (annually, quarterly, etc.)
2. Continuing in your notebook, determine which are expenses and which are investments providing a positive return on your resources.
3. Decide what needs to shift and pick ONE to start with.
4. Track your results.
5. Celebrate your wins. If you're in A-Club, be sure to celebrate in the group!

Dashboard | CFA Menu
Lessons: 33| 34 |35|36