(This is the 4th article in the Money 101 Managing Your Money Series. We advise that you start from the the first article in the Series. Please click here to go to the Money 101 Managing Your Money introduction) Having figured out where you would like to be and want to go, you now need to take a look at where you are. Some schools of thought advocate that you should start with assessing your current situation before setting goals. The problem with that is, for most people, their goals setting tends to get limited to merely correcting the problems with the current situation, rather than trying to get to where they would really like to be.