These statements clearly show your financial health and can help you plan your budget. Two main types of personal ... Many financial experts recommend having six months' worth of living expenses ...

Begin by categorizing your expenses into two primary groups ... year as part of your financial plan. Do not confuse the cash flow projection with the cash flow statement. The projection forecasts ...

The first step in developing a financial management system is the creation of financial statements. To manage proactively, you should plan to generate ... the following 12-month period.