One effective way to keep track of your income and expenses is by using personal financial statements, much like those used by corporations. These statements clearly show your financial health and ...
A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow. The first ...
consider downloading electronic copies of your statements to a password-protected file on your computer. Note: This item first appeared in Kiplinger Personal Finance Magazine, a monthly ...
Bank statements are useful for lenders, divorce attorneys, credit bureaus, and landlords, but they can also be helpful for personal financial planning. Here's everything you need to know about ...
Personal finance encompasses the whole universe of managing individual and family finances, taking responsibility for your current and future financial situation, and setting financial goals.
While you may consider a balance sheet to be an essential financial statement for a company, assessing your own personal assets, equity and wealth in a well-laid-out financial report is equally ...