Chapter 02 - Slides 01-14 - Money Management and Financial Statements
Author(s): Paiano, Frank
College: Southwestern College
Subject: Banking and Finance
For most all individuals, the two most important financial planning documents are the cash flow statement (a.k.a. income statement, income and expense statement, budget) and the net worth statement (a.k.a. balance sheet). In the chapter, we learn how to create these two documents. Keep them updated! Keep them current! They should serve you well for years to come.
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