Create Your Own Personal Cash Flow Statement

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Learn how to create your personal cash flow statement. This is the first step to becoming great with money.

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To Becoming Great with Money,
Rich McCormack, CFP®
School of Personal Finance
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Комментарии
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Really like the easy breakdown of both the Monthly Income and Expenses! 😄👍

thehelpfulentrepreneur
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Great video Rich, I learned alot. I'll definetly check out the net worth statement video :)

wwiiznm
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Oh man I really need to do this. I appreciate the info, great video! And love the channel! Subscribed!

ExperienceCalm
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keep it up sir it really helped me study for my cfp alot

Akshit_k
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Hey Rich. Thank you for your video "Create Your Own Personal Cash Flow Statement". I've been having a very hard time finding someone to help me with the type of work you're doing your video. Who do you recommend I go to? A Certified Financial Planner? I'm in Sudbury, Ontario, Canada. Your answer will be much appreciated.

mr.racette
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I love you much .ps best videos, ever

kassidywithak
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I wrote 4 paragraphs and it's all gone, perhaps I was too long winded. Just add 1 thing to this cashflow stuff, if you have a house and you are looking to upsize due to a bigger family, great. Do you really need to sell to buy or should you refi, take out enough for the next home and put the current home on a 15-20 year mortgage and just let someone else pay it off? I guess that's just something to think about if this channel is about budgets and retirement. PS, truth be told... when interest rates are extremely high, buy real estate and when interest rates are extremely low, sell it. People buy homes on payment... low interest rates means they can buy a higher priced home but they also just took on higher debt to the benefit of the seller. I am personally excited to see mortgage rates go up and up... home prices will drop the higher interest rates go, it's Econ 101.

OregonBacon
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Great video, but this is an income statement and not a cash flow statement. Therefore, you're wrong. A cash flow statement has 3 different cash activities that include financing, investing, and operating; either cash inflows or cash outflows. An income statement is also called a profit and loss statement.

the_dev_hooper
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Personal capital no longer supports more than half my stuff. Havent tried mint

Michaelthearcheangel