CASH FLOW STATEMENTS

	Cash Flow Statement
	(also known as Income Statement)
	January 1, 2016 – December 31, 2016
	CASH INFLOWS
		Income	Annual Amount
		Total Cash Inflows
	CASH OUTFLOWS
	LIVING EXPENSES
		Fixed Expenses	Annual Amount
		Total Fixed Expenses
		Variable Expenses
		Total Variable Expenses
		Total Living Expenses
		NET DISCRETIONARY CASH FLOW

Balance Sheet as of December 31, 2016
ASSETS				LIABILITIES & NET WORTH
	Monetary Assets	Amount			Current Liabilities	Amount
					Total Current Liabilities
	Total Monetary Assets
					Long-Term Liabilities
	Investment Assets
	Total Investment Assets				Total Noncurrent Liabilities
	Retirement Assets
					Total Liabilities
	Total Retirement Assets
					Net Worth
	Housing
	Total Housing
	Automobiles and Personal Property
	Total Automobiles and Personal Property
	Total Assets				Total Liabilities and Net Worth

KEY POINT TO REMEMBER: Don’t get too detailed as you want a general picture of whether you are solvent vs insolvent (aka Operating in the RED or in the BLACK.

MONTHLY CASH FLOW PLAN/ZERO BUDGET WORKSHEET:

http://www.daveramsey.com/blog/free-download-budget-form

KEY POINT TO REMEMBER: The purpose of the ZERO BASED BUDGET is to assign EVERY dollar a place at the beginning of EACH MONTH. It is important to revisit your budget frequently throughout the month as you begin shifting the direction of your money to tailor your financial goals.