How to Create Family Balance Sheet
Balance sheet is the mechanism to help you calculate your Family Net Worth: you calculate the sum of all your assets and […]
Tag: budget decision making
How to Calculate Personal Net Worth
In this tutorial we will look at how to calculate personal net worth. Net worth is calculated based on very simple formulate: […]
How to Build Wealth without Making a lot of Money (Like Top 1% do)
Why some people leave paycheck to paycheck their entire lives and some accumulate wealth over time and create financial freedom? The key […]
Video Blog: Smart Family Finances in Excel – Tracking Liabilities. Tutorial for Beginners
Video Outline: Definition of Liabilities. Different categories of liabilities Credit Card Debt Loans Personal Loans Automobile Loans Student Loans Mortgages Questions we […]
Video Blog: Smart Family Finances in Excel – Tracking your Assets. Tutorial for Beginners
Video Outline: Definition of Financial assets. Different categories of assets Illiquid Assets Liquid Assets Investments Questions we look at in the video: […]
Video Blog: Smart Family Finances in Excel – Budget based on Goals. Tutorial for Beginners
Video Outline: Smart Family Finance and Budgeting in Excel: Planning based on financial goals. Sample goals are listed below Goal 1. Saving […]
How to improve family budget – Step back to see the big picture
Video Outline: 1 Budget should fit your long term goals (Important of setting goals first) 2 Budget helps you build a set […]
How to improve family Budget: Spending (Consumption) vs. Investment planning
Video Outline: Family Finance and Budget. Different ways of planning Spending vs. Consumption planing Planning based on financial goals Planning based on […]