HAVING A BUDGET AND KEEPING TRACK OF INCOME AND EXPENSE TO REACH FINANCIAL GOALS.
Creating a budget for yourself or business to give you a projection of how much money you’re making and spending throughout the year can give your insight on how to maximum your cash flow and keep cost low.
Why having a budget is useful:
To make sure that you have stay within the numbers of you budget you have created. I created a template to keep track of your income and expense. I made it simple to put in income and expense for each week to produce the report for each month and end of year.
You can also use it without the budget just to keep track of your income and expense. Some of the benefits of keeping track of your income and expense is:
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