Personal financial statements

Personal financial statements help us know where we are, and help us plan for where we want to be. Sometimes it’s hard to look at what we owe or how we are spending our money or using our credit cards. However, if you develop a good financial plan you can make adjustments before a crisis occurs. Losing sleep over money is no fun and it’s hard on relationships. See where you are and develop goals and a plan to reach them. Life will be much easier.

here’s a link to a short video from Money Talks on “how to stick to a budget” https://www.msn.com/en-us/money/video/how-to-stick-to-a-budget/vi-BBmb8TA

Before completing this, be sure that you have read the following:

Presentation #05: What is Income?

Presentation #06: Irregular or Seasonal Income

Presentation #07: Fixed and Variable Expenses