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What is a personal cashflow statement?
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Asked 8/19/2011 9:58:49 AM
Updated 4/14/2014 6:07:12 AM
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Flagged by jeifunk [4/14/2014 6:07:12 AM]
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User: What is a personal cashflow statement?

Weegy: There are many ways to measure your financial health. The measurement that probably gets the most attention from personal finance books and news outlets is the personal balance sheet, or net worth statement. [ Knowing your net worth can be important, but keep in mind that it is a snapshot in time and not necessarily a true indicator of financial health. There are many other factors that affect your financial health, one of which is your cash flow statement, which is a representation of your net monthly cash flow. You can use your cash flow statement in conjunction with your net worth statement to get a better idea of your overall financial health. Later we will show you how to combine your net worth statement and cash flow statement with a financial risk test and debt analysis which will help you get a more clear picture of your financial health. ]
Expert answered|hanzyboy|Points 3776|

Question
Asked 8/19/2011 9:58:49 AM
Updated 4/14/2014 6:07:12 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by jeifunk [4/14/2014 6:07:12 AM]
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The simply cash flow template allows users to keep track of where their money is going with charts and daily, monthly, and yearly buckets. Puts you in control of how to manage your cash flow.

Added 4/14/2014 6:07:08 AM
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