Wednesday, July 29, 2009
Personal Income Statement:
* Revenues:
- Salary
- Bank Interest
- Real Estate
- Business
- Other income
* Expenses:
- Bank Loan
- Credit card usage
- House rental
- Utilities
- Other expense
Balance= Total Revenue-Total Expense
If your Balance is minus (-) it means you will meet a financial crisis. If your Balance remain some amount, you have to ask yourself that Do u satisfy with this remain?
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