Money Basics
In the chapter on Money Math, you learned how to prepare a Statement of Financial Position (net worth statement) and a Statement of Income and Expense. You learned an easy way to track your spending and started to set your financial goals for the future.
This chapter covers other important management tools and strategies to help you achieve your financial goals. They include:
how to build a realistic budget,
how to find a financial record-keeping system that works for you,
how to analyze spending habits and save money,
and how to determine your need for banking services and for consulting with financial professionals.
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