Now Unemployed - Financial Review

Now that I was unemployed, I had to do a financial review.   I had to take a close look at all facets of my finances.  While I was still in a state of shock, I had to do a reality check to either temper my panic or see if I had the ability to take some time off.  What things did I look at or consider?

Cash Flow Analysis and Review

• Did we have enough income to meet our current obligations?
• Would we have to make certain adjustments?
• Where was our money going and what changes needed to be made?

Debt and Other Obligations

•  How much debt did we have and what were our payment obligations?
• What were our other expenses and what could we do?

Long Term Goals and Net Worth

• What was our net worth and what were our long term goals?
• Would we be able to meet our goals?