Day 1
Write down your real number
How we handle money has less to do with what we know and more to do with how we behave — and behaviour starts with seeing clearly. Most people carry a vague feeling about their finances instead of an actual number. A feeling can't be improved; a number can.
Inspired by The Psychology of Money — Morgan Housel
- Open every account you have: chequing, savings, credit cards, loans.
- Add up what you own in cash and savings. Add up what you owe.
- Subtract what you owe from what you own. That is today's number.
- Don't judge it. Today is only about looking.
You'll answer: What did it feel like to see your real number? What surprised you most? (You don't have to share the number itself.)