Friday, October 05, 2007

Measuring Up

I go through phases of interests. Until recently I was obsessed with health and fitness. I would read everything I can lay my hands on. These days it is personal finance. I spend hours reading about how people manage their money. How they dig themselves into debt and then dig out of it too. Where do I stand.

I don't think I have ever lived outrageously beyond my means and now I live much below my means. The one financially not so sound decision I had ever taken was buying the car. It was an impulsive buy. But I don't regret it. I enjoy it everyday so maybe it is worth it. I have been careful enough since then and will be in future too. Still my "Net Worth" is in the negative. Since getting hooked to Yodlee I can see in plain numbers how negative. And most of it is my car loan. Other than that I am fine. My resolution for 2008 is to get my net worth to positive. I have a strong feeling I can do it. Hopefully I will get another raise next month. That will help. Thanks to PF bloggers like Jonathan and Cap. Their blogs are informational, inspirational, motivating and fun. I hope to learn and gain a lot from it. They both are in their 20s and I am a little younger than Jonathan and a little older than Cap. And I am not even in the vicinity of the financial security they have achieved. Well it is just time then to pull up my socks and start the marathon.

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