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An Automated Personal Financial Statement Form  National Bank

An Automated Personal Financial Statement Form National Bank

Use a An Automated Personal Financial Statement Form National Bank template to make your document workflow more streamlined.

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Video instructions and help with filling out and completing An Automated Personal Financial Statement Form National Bank

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Instructions and help about An Automated Personal Financial Statement Form National Bank

welcome to entertaining money I'm Samuel Bogan and in this video we're discussing the personal financial statement the personal financial statement is a very important tool in financial education the personal financial statement or PFS can be considered to be a type of financial report card as it provides a snap snapshot of a person's financial situation at a given time so without further Ado let's dive in and look at some of the components as you can see the personal financial statement is composed of the income statement and the balance sheet the income statement consists of the income column and the expenses column the balance sheet consist of your assets and liabilities before we go further let's define that assets and liabilities in very simple terms assets or things that put money in your pocket so we have money in and liabilities are the opposite they're things that take money out of your pocket so we have money out before we get t

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