FIN397

 Please use the  Personal Balance Sheet and Personal Cash Flow to answer questions.

1. Review and discuss your Actual Personal Cash Flow Statement.
   1. Discuss strong points.
   2. Discuss areas in which improvement should/could be made.
2. Review and discuss your Personal Cash Flow Budget.
   1. Identify and discuss areas of the budget where you made changes from the Cash Flow Statement to improve your cash flow (e.g., reduce credit card debt/payments) in your attempt to bring your disposable income (in your Budget) to 5% to 10% of your total take home income.
   2. Discuss the meaning of having your disposable income (in your Budget) equal to 5% to 10% of your total take-home income.