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How to Create Your C.L.E.A.R. Personal Financial Statement within 30 min with ZERO Accounting Background
Welcome to Financial Statement Creation
I am an Excellent Money Manager! (2:57)
Creating Your Financial Statements
Creating Google Spreadsheet (1:35)
Using Google Sheets on Android Phone (0:57)
C - Cash is King!
Cash Flow (In & Out) (7:06)
FAQ: What is Cash? (1:06)
FAQ: What about Future Cash In & Out? (0:32)
FAQ: How Detailed should the Records be? (1:03)
L - Liabilities (How Much Do I Owe You?)
3 Types of Liabilities (3:14)
Recording Liabilities in Balance Sheet (8:17)
FAQ - Why Record Prepayment? (Bar Story) (2:02)
Bonus - How I Gain Trust from People (The 2 Golden Rules of Promise) (1:53)
Case Study - Kevin's ACTUAL Liabilities in Balance Sheet (8:52)
Smart Tip - Automate Your Recurring Payments (0:39)
E - Expenses (and Enjoy~)
2 Main Reasons Why We Spend Money (2:52)
Recording Fixed Recurring Expenses (7:30)
Recording Variable Expenses (4:15)
Smart Tip: "Lump Together" (1:03)
A - Assets (If I like it, it is MINE!)
1st Type of Asset - Cash & Equivalent (3:23)
2nd Type of Asset - Cash Convertible (3:07)
3rd Type of Asset - Trade Receivables (5:03)
R - Revenue (a.k.a. Income)
Month and Annual Income (2:45)
Fixed Income (3:46)
Variable Income (3:27)
Case Study - Kevin's ACTUAL Liabilities in Balance Sheet
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