How to get your financial house in order

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Uploaded by on Aug 29, 2007

The end of each financial year is a great time to take stock of your financial situation, assess your progress and set goals for the coming year. In this interview on Wake Up Perth, Matt Hern reveals the easy steps to organise your financial house and kick start your wealth creation for the coming year.

Reproduced with permission of Wake Up Perth.

Relevant Links:
www.FinancialDreams.com.au
www.wakeupwa.com

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Howto & Style

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Standard YouTube License

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  • Nice plug Matt, check out his newsletter to full of useful advice. Just like to also suggest that viewers should look at there assets and consider are these assets making money or costing you money. On most peoples balance sheet I bet they will have many items that are costing money eg house, car and boats.

  • What your viewers need to be doing is to change there perspective of what an asset actually is- I define an asset as something that makes you money eg shares, margin loans, businesses, bonds, 'some' real-estate ect. Once this perspective changes you will look at your assets differently and hopefully reduce the assets that are more like liabilities.

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