There are 2 documents that, in my opinion, tells me whether a person or family is operating in a sound manner.
One document is the personal cash flow statement. The other document is their personal net worth statement.
In this comprehensive guide, I have explain why the cash flow statement is important, and how you could go about creating your personal cash flow statement.
Your personal net worth statement is just as important and in this article, we will look into how you can create your personal net worth statement.
What is your Personal Net Worth Statement
Your personal net worth statement provides you a glimpse of your financial situation in a specified period.
If you want to know your financial health, this is one of the statement, along with your personal cash flow statement that tells everyone that.
Your net worth is in short, how much you or ...
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