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The Cash Flow Statement: Where Your Income Meets Your Outgo

The Cash Flow Statement: Where Your Income Meets Your Outgo

Welcome to the final act in our financial statement trilogy, spanning multiple blogs and reaching its thrilling conclusion here on Generation X Finance. Money Under 30 ran our post on the income statement, and Sweating the Big Stuff followed suit with the balance sheet last Friday. Today, we present the cash flow statement. This subject [...]

How to Raise Financially Savvy Kids

How to Raise Financially Savvy Kids

Children are often not adequately prepared for a financially savvy adult life. Between a lack of formal education and bad habits at home, kids can often be set up to make some costly mistakes once they set out on their own. Therefore, it is essential that parents begin to instill financial values in their children [...]

Going from Two Incomes to One

Going from Two Incomes to One

How to Live on Just One Income Households with dual incomes are at a significant advantage. Typically, a married couple will share many of the same resources (housing, insurance, groceries, utilities, etc.) yet have two sources of income to pay the bills. As long as spending doesn’t get out of control it can really help [...]

Setting Your Budget

How to Create Your First Budget

Creating Your First Budget is Easy Creating a budget is no fun. It’s even worse if you’ve never actually created a budget before and this is your first time. It’s a bit intimidating. You’re dealing with all of your money, expenses, bills, and income to try to come up with a clear picture of where [...]