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Music hi mark Kohler here let's talk about building a personal financial statement now this is a really important procedure tool it's gonna help you in a lot of different ways and I'm not talking about a business financial statement with a profit and loss and balance sheet and all that that's it another video for another day bringing in QuickBooks into the mix and all the bookkeeping that comes with that but there's gonna be a lot of times where you need to build a personal financial statement maybe for a bank loan your kids are applying for FAFSA you're going into a new business venture a bank is asking one for credit line who knows but having a good financial statement at your fingertips can help you succeed in business and it's going to help you look a lot more professional so let's dive into it now a good place to start is what a typical financial statement looks like then we can put it in perspective so if you have a business you're gonna have what's called a profit and loss and y

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