While a personal cash flow statement may contain someone’s salary and 1099 income, a corporate cash flow statement focuses on operating activities, investing activities and financing activities.

The net worth statement, when used in tandem with the personal cash flow statement, enables you to provide your client with the best possible advice for everything from Business, Inc. to Family, Inc.

Importance of personal cash flow. To start answering those questions, look at your client’s personal cash flow statement. I like the personal cash flow statement because it not only includes a ...

A personal cash flow statement tracks money earned and spent, showing whether you have a positive or negative cash flow. A personal balance sheet summarizes your assets and liabilities to ...

Although I agree with this statement, business owners often become so wrapped up in watching their business's cash flow that they neglect something far more critical: their personal cash flow.