Tuesday, September 27, 2011

How can stop being intimidated by my financial statements?

I am always afraid to open my financial statements because I don't understand them. I get overwhelmed trying to make sense out of them. I am also fearful that I will find I lost money.


How can I become educated and knowledgeable in reading my financial statements?|||The same way everyone else does it: by educating yourself. It doesn't take a PhD in Economics or Finance. Start with some basic books like "Personal Finance For Dummies" and "Investing For Dummies."|||Just do it. If you stick to it for about 3months, you will become very knowledgeable.

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