Step 5 Preparation
Before you continue, look at your monthly tabulation and answer these questions:
- What are your financial goals? How do you get feedback about your progress toward these goals?
- What percentage of your income goes toward paying debts on credit cards (principal and interest), loans, mortgages? Circle one
0-5% 6-24% 25-49% 50-74% 75-99% 100%
- If you didn’t have a credit card, what expenses do you think you would not be able to cover?
- How does asking yourself Question 1 (fulfillment in proportion to life energy) affect your approach to earning and spending?
- How does asking yourself Question 2 (alignment with values, goals and purpose) affect your approach to earning and spending?
- How does asking yourself Question 3 (financial independence) affect the way you think about your current work situation?