10.02.2013

Ordering Finances Wisely, Part 5: The Personal Income and Expense Statement

Ordering Finances Wisely, Part 5: The Personal Income and Expense Statement
Comment:

  • Not an exciting topic but an important one
  • Published on SharperIron today
  • Observations:
    • The income and expense statement looks back. It is historical
    • Answers the question: where has the money gone? I think about a boat or an engineer that leaks. Where does it leak? And why?
    • One cannot budget effectively unless one first practices the income and expense statement process

1 comment:

  1. Mr. Jim, I looked at that SI site you referenced. Some of those people are pretty hard core creationists who believe in a literal creation by a god. I hope you don't take sites like those seriously. I don't think most people have heard of these guys, but there is some wack job "museum" in Missouri or Arkansas (one of those redneck states) that these people support. I like what you say, I just don't like that you link to creationist nutjobs.

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