Overview:
This practical session guides participants through the process of preparing personal financial statements, including the balance sheet and income statement.
Using free tools and real-life examples, you’ll learn how to gather financial data, organize information, and interpret results for better decision-making. The course emphasizes hands-on learning, with demos and templates to help you create and maintain your own financial statements confidently.
Why you should Attend:
Are you uncertain about your financial position or struggling to organize your finances? Learn how to prepare personal financial statements step by step and gain control over your financial future.
Areas Covered in the Session:
- Introduction to personal financial statements and their importance
- Step-by-step guide to preparing a personal balance sheet
- Creating a personal income statement
- Hands-on demo: Using free tools (e.g., Google Sheets, Excel templates) to build statements
- Identifying and categorizing assets, liabilities, income, and expenses
- Analyzing your financial position and setting goals
- Common mistakes to avoid in personal finance tracking
- Interactive exercises and Q&A
Who Will Benefit:
- Individuals
- Professionals
- Entrepreneurs
- Students
- Anyone Interested in Improving their Personal Financial Management Skills