Where is it going?

# Chapter 220

Where is your money going? Masterminds.

Having clarified what money is and what it isn’t, it still is a crucial piece to knowing how our business and future are shaping up. Never forget that Time is far more valuable, but effectually impossible to change, grow, expand, manipulate, multiply, increase or accumulate. So we focus on money instead, which in comparison is relatively easy to change, grow, expand, manipulate, multiply, increase and accumulate. So according to the Mastermind fellows the most important question is, where is your money going? Being a leadership and development guy and not an entrepreneur, I can see several sides to this question and honestly I have no certainty that I have the right of it but here goes.

The most plain basic issue here, as the monies drain out of your account, to what/where are they going? This is a math question, and perhaps a budget question, and clearly an existential question - is it groceries, rent, transportation, taxes, insurance, employees or materials? If you are more mature, as a person and as a business, and you can track long years of where your money is going, then you can ask where is your money going and get a values answer. You spend discretionary income on the things that matter most to you. If you are raking in the moolah this is an easier question, if you are on the ragged edge the question about where the money is going is much more survival oriented.

At the very least knowing where your money is going means you are aware of what is going on in your life and in your finances and that puts you at the front of the class.