If you did the Habit Scorecard yesterday, I asked you to write your your “asset” habits on the left-side of a piece of paper and your “liability” habits on the right side.

Balance Sheet

Similar to a Balance Sheet of a company, this scorecard tells me what kind of person you are.

That might be dramatic, but you really are a sum total of your habits. Take all of the good habits you have and subtract out all of the bad ones… what are you left with? That is your Owner’s Equity (or Character).

If I gathered 10 different “Habit Scorecards” from people at RxFIT, you would be able to look at all of them and have an insight into each individual’s life. You would be able to tell what that individual values.

Now, the good thing about a balance sheet is that you report it as of a certain date. In other words, you can change the value of a company over time. A balance sheet doesn’t report what you did last year… it just tells me what state the company is in today.

So it is with your health. If you want to be healthier, start spending your energy on developing “asset habits.”

Income Statement

Energy is to wealth as cash is to wealth. Just because you have a lot of it, doesn’t mean you are healthy/wealthy. But if you spend it wisely, you will become that.

If you look at an Income Statement of a business, you will learn how they generate their cash. You will see line items like “Cost of Goods Sold”, “Payroll”, and “Rent”. Without these expenses, the company would be unable to generate the cash that they received.

Similar to an Income Statement, your schedule tells me not only how much energy you’re going to have, but also how you’re spending that energy. If you go to bed early, I know that you’ll have more energy tomorrow. If you spend your time working out and cooking, I know you’re going to have more time than someone scrolling on social media and watching netflix.

The healthiest people I’ve ever met spend their energy on activities that yield the highest return (sleep, nutrition, exercise, thinking (reading and writing), and connecting with friends and family).

Bringing It All Together

The Statement of Cash Flow is where the Balance Sheet and Income Statement interact. Now, I’m sure that I could carry this analogy on further, but suffice it to say that this financial statement tells me the company’s ability to operate in the short and long term.

Here’s a short video detailing how to interact your Habit Scorecard with your Daily Schedule to predict your own ability to become and stay healthy in the short and long term.

Tyler