Have you ever wondered where are your money gone at the end of each month? Do you remember what do you buy?

A budget is the most important task to do for analysing your finances. It answers key questions:

Where are my money? Why do I spend more than I earn? How much do I save this month?

Money management is really common practice. You should do it too.

Annual income twenty pounds, annual expenditure nineteen six, result – happiness. Annual income twenty pounds, annual expenditure twenty pounds six, result – misery. – Dickens (19th century)

Planning your budget is easy while using good Balance Sheet. You can either use one of the completed sheets or do it yourself.

Where Has All the Money Gone?

Have you ever wondered where has your money gone at the end of each month? Do you remember what do you bought?

A budget is the most important task to do for analysing your finances. It answers key questions:

Where’s my money? Why do I spend more than I earn? How much do I save this month?

Money management is really common practice. You should do it too.

Annual income twenty pounds, annual expenditure nineteen six, result – happiness. Annual income twenty pounds, annual expenditure twenty pounds six, result – misery. – Dickens (19th century)

Planning your budget is easy when using good Balance Sheet. You can either use one of the complete sheets or do it yourself.

The Importance of Living Expenses and Balance Sheet.

Your living expenses determine your life. When you are young and you live with you family, you don’t care much about expenses. When you are older you need to control them more carefully.

We all have expenses. Some of them are constant – like bills, education, your expenditures on children etc. We all make unplanned expenses every month (especially food and drinks). Most of us don’t even know where the money goes. Do you remember what did you buy last month? I’m sure you are not aware of every expense you make every month… but you should.

Finances help you to control your life. To do so, you need a method to control your income and expenses. All big companies using Balance Sheet – it’s mandatory for them. Companies know exactly which assets and liabilities they have. Companies Balance sheets works and looks almost the same (of course the data and numbers are different). Why? The government needs to have control over the financial side of companies.

You should have the same – a solid, comprehensive and clean balance sheet with all your incomes and expenses. You also need Assets and Liabilities columns for creating passive income and building your wealth.

I made a Balance Sheet that fits exactly for household money planning. This Balance Sheet is FREE.

Income Sheet

Please use it on daily basis and you will be surprised how much it could tell you about finances. You cannot plan your financial goal without knowing, where all your money goes. Balance Sheet is FREE and ready to download after subscribing to the newsletter below.

BALANCE SHEET overview
SHEETS Explanation

BALANCE SHEET overview

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Now you know exactly, what Passive Income is. Please check all the examples to have general overview about the idea.
Now It’s time to start building your own passive income. After gaining some experience and knowledge you will be able to produce good product / service / idea in the short amount of time.
To start building passive income please subscribe and use attached Balance Sheet.

BALANCE SHEET overview
SHEETS Explanation

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BALANCE SHEET overview

SUBSCRIBE TO NEWSLETTER

Now you know exactly, what Passive Income is. Please check all the examples to have general overview about the idea.
Now It’s time to start building your own passive income. After gaining some experience and knowledge you will be able to produce good product / service / idea in the short amount of time.
To start building passive income please subscribe and use attached Balance Sheet.