
An Introduction to the Cash Flow Statement: The One-Page Document That Shows Whether You Will be Rich or Poor in the Long Run RPF0026
Radical Personal Finance
00:00
How Do I Make a Statement of Cash Flows?
So we want to build a statement of cash flows. So how do we do it? Well there is basically, they're basically a couple of versis a very simple formula. You have all of the income or inflows, minus all the outflows,. That's going to be an expense. And that equals your savings. Then that's the money that you can deploy into other, into other other ways. This would be any salaries for the household, any investment income. If you were divorced, it would be any alimony and child support payments.
Play episode from 07:53
Transcript


