At the beginning

Before you venture out to deciding your financial goals, its important to understand your current financial condition. There two key aspects of current financial condition you need to measure.

1. Your current net worth:- This would describe your current financial standing in as is condition taking into consideration your assets and liabilities.
2. Your cash flow:- This would indicate your ability to save, describe your standard of living, indicate if you are living with your means and consequentially highlight problem areas, if any.

In Subsequent blog postings, we would look into each one in detail.