Feng Shui Your Financial House

Follow This Financial Compass For a Prosperous 2023

How to think about income, expenses, assets, and liabilities

Mariko O. Gordon, CFA
3 min readJan 6


Focusing on income (or building a saleable asset) will give you the most lifetime bang for the buck. There’s no theoretical limit to how much income you can earn.

Every dollar you earn above your expenses can be turned into an asset that produces more income. Invest in learning new skills, income-producing assets, appreciating assets (double-edged sword), your well-being, or your community. It’s all good.

Remember, every additional dollar of income above break-even is precious.


You’re not on a budget. You’re spending intentionally.

That shift in mindset will make you richer because you won’t feel deprived. You’re a person who doesn’t spend on cheap dopamine hits that don’t give you lasting pleasure. You choose to spend on what’s necessary or what matters to you.

You can only get your expenses down so far. As long as you are not spending more than you earn (exceptions like schooling or starting a business aside), this is the area of financial focus with the smallest payoff.

Don’t grow your lifestyle in lockstep with your income, and you’ll compound your wealth without trying.

Remember to always have room in your spending for joy.


Make sure you have a balance between liquid and illiquid assets so you don’t ever face a cash crunch.

Don’t put all of your eggs in one basket. Diversify your investments.

Make sure your assets are allocated properly to reflect your age, your circumstances, and your goals.



Mariko O. Gordon, CFA

Built $2.5B money mgmt biz from scratch. Coaching badass women to build & love their businesses, manage their finances, and make sure the thrill is never gone.