{"id":165,"date":"2019-11-11T08:43:58","date_gmt":"2019-11-11T03:43:58","guid":{"rendered":"http:\/\/hamad.blog\/?p=165"},"modified":"2019-11-21T06:19:29","modified_gmt":"2019-11-21T01:19:29","slug":"financial-freedom-spreadsheets","status":"publish","type":"post","link":"https:\/\/hamad.blog\/2019\/11\/11\/financial-freedom-spreadsheets\/","title":{"rendered":"Financial Freedom & Spreadsheets"},"content":{"rendered":"\n
I have met few people who are financially literate and do not use spreadsheets frequently both in their personal and professional lives. I love spreadsheets and use them to track my day to day expenses, taxes, donations and just about everything.<\/p>\n\n\n\n
Just as you can’t run a business without tracking revenue, costs and making projections, I feel it’s reckless not to do the same in your personal life. Because in the end the fundamentals of money are the same. If the expense is higher than the revenue, whether its business or your personal life, the result will be the same.<\/p>\n\n\n\n
I recommend everyone to create spreadsheets for their household expenses. This will help you project what your annual spending is going to be like. Once you have your annual expense projection, you can set your income goals accordingly. You can plan savings, project wealth generation and eventually plan retirement. It all starts with a spreadsheet.<\/p>\n\n\n\n