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RE: Have you every created a personal balance sheet for your personal financial situation?

in LeoFinance • 5 years ago

Nice! For sure it's as easy as creating an Excel spreadsheet and maintaining it at least on a monthly base. I have done this for 10 years now, and the methodologly has really evolved and is absolutely helpful in finding a base for financial decisions.

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5 years ago in LeoFinance by
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     5 years ago  

    For 10 years... thats quite some time! Nice! 💪 I just started 😅

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     5 years ago  

    I would like to see your Excel concept If somehow possible 😎

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       5 years ago  

      Got you a screenshot 😊
      It's my template with some examples - let's say I earn 1000 EUR through my business and payout 500 EUR to myself... btw all cells filld with white are calculated by formulas. 🤗
      excel finanzplan.jpg

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       5 years ago  

      Sweet, I have a little bit of a different approach. I will explain it in my upcoming posts. 👍

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       5 years ago  

      looking forward to it! 😊