23. Bad Vermouth, Bee’s Knees, and Balance Sheets

<p><span style="font-weight: 400;">And being yourself! When you focus on your natural gifts instead of what you think you should be doing, you’ll run into a wall every time. Alisa and Michael talk about strengths and weaknesses and financial assets and liabilities to help you find balance in your life and in your pocketbook.</span></p> <p><span style="font-weight: 400;">Serious Talking Points:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">PSA: Vermouth is only good for three months</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Focus on working from your strengths, not your weaknesses</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Keep a</span> <a href= "https://www.dropbox.com/scl/fi/8qwz1blszgp7dmyjshcze?r=ABXTbL8SK7w4XlynFGGaT1LyK4WOGuKA9oF44ruIvzUhI5xZc7WjaCerlJnUrGtSDeWq8vag_iI1CjbgKGcLiOsO24DD_qUh2B3hUGWFN7ilAz8HGR7RFMCChP3gTMuXeAxEYQsSQ_BGs5T6SLgf7onY"> <span style="font-weight: 400;">balance sheet</span></a><span style="font-weight: 400;">! Know your Net Worth</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Total Assets (own) - Total Liabilities (owe) = Net Worth</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Review your balance sheet regularly to know where you stand (pulse check)</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Ask yourself the tough questions. What areas of your balance sheet need your attention? Do some research, retrace your steps</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Your balance sheet, spending plan, and financial goals should all be in alignment</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Self-reflection will help you understand your strengths/assets and deficits/liabilities</span></li> <li style="font-weight: 400;" aria-level="1