Personal Budget, Balance Sheet And Cash Flow State

Personal Bud get out, Balance Sheet and Cash Flow Statement

Brian T. Frauenknecht

ACC/547

surround 24, 2012
Marina Layvand

Personal Budget, Balance Sheet and Cash Flow Statement

in that location are many different factors that befuddle an impact of the conquest financially for individuals and as well as a working company. Everything from an individuals age, education, income, dependents and goals all have an impact on an individuals ain finances. All of these are considered when we strive to develop an collar of an individuals financial status and to develop a personal budget for them. Careful planning and recording of personal or company finances is vitally important for growth good spending habits and enjoying financial success (Kapoor, Dlabay, & Hughes, 2009). We are preparing this memoranda for the couple Jason Blackburn and Veronica Fedoseeva. Also included will be an analysis of Jason and Veronicas personal budget, balance sheet, and interchange flow statement.
Jason is flow rately 26 and his girlfriend, Veronica is 25. Jason and Veronica have a three year old daughter. Jason earned his unmarried mans distributor point in criminology and is currently two classes concisely of completing his MBA in Business Administration with a preoccupancy in Accounting.



Veronica has a Bachelors point in psychology and is working toward her Masters degree in psychology. Jason works for the county and has a yearly income just everywhere $40,000. Veronica is employed at a child replenishment center and her approximate yearly income is $20,000.
Two major concerns regarding the current financial status of Jason and Veronica. The first concern is that they have accrue a sizable amount of long-term debt. Due to this debt it delegacy that a lot of their monthly income will be spent towards paying this off. They should take advantage of any available opportunities to refinance this debt to get a lower interest rate and also try to make either additional payments towards this debt...If you want to get a full essay, order it on our website: Orderessay



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