Two Types of Personal Financial Statement Template

Whether you are thinking of starting your own business or you want to loan money from the bank or a lender, it is important that you know your current financial standing. You will know how you are doing financially by filling out a personal financial statement template. Filling out correct data into the template will result in accurate financial information.

There are two basic types of personal financial statement template that you can make or you can download from the internet—balance sheet and income statement. You are probably familiar with these documents but whether you are familiar or not, you still have to know what these documents are all about.

Balance Sheet. This financial document includes information such as your assets and liabilities. Your assets are anything that you own such as real estate properties, cars, and your bank savings. The liabilities are your loans and debts such as credit card debts, payments for the car, mortgages, and so on. You have to deduct your liabilities from your assets and the amount that you will get is your net worth. This will give you an idea about where you are currently standing.

Income Statement. This document includes your sources of income such as salary or business and your expenses like food, transportation, utility bills, etc. Deducting your expenses from your income gives you your net income. The net income gives you an idea about your financial situation at a particular period of time. It is important to include even the small details to make sure that you can get accurate results.…

Are You Lacking the Personal Finance Education You Need to Become Rich?

What do you personally consider wealth to be?

Naturally, ‘wealth’ can mean a lot of different things to different people. In addition to referring to one’s financial situation, some people place great emphasis on being spiritually wealthy, which might mean simply to feel fulfilled in life.

Others place an even greater emphasis on health.

It’s certainly true that financial wealth, no matter how great it may be, is of little value if you do not enjoy good health (consider Steve Jobs and his relatively recent health scare), but let us reserve wisdom and health for another article.

We will focus here on how you can become wealthy by obtaining a personal finance education and learning wealth-building strategies.

First, why should we aspire to attain great wealth?

They say money makes the world go round and it certainly opens doors and makes life’s journey easier! In the “Science of Getting Rich,” Wallace Wattles considers that it should be everybody’s goal to become financially wealthy because only a wealthy man is able to fulfill his true potential in life in exploring all that the world has to offer.

Others say that you should become wealthy because without money you are powerless to help others and have a positive impact on the world and those you care about most.

It is certainly easy to come up with a dozen reasons why personal financial wealth should be our priority. So how is it that there is such a lack of personal finance education?

Millions of young people around the world leave school without a personal finance education and knowledge of wealth-building strategies, fundamentally unequipped to take care of their own personal finances.

Why do so many leave school and even University without receiving a single class on the banking system and fractional banking, the role of the Federal reserve, currency devaluation, how mortgage interest is calculated, the power of compounding, and why taking on excessive debt through credit cards or other debt instruments is tantamount to personal enslavement?

How many people consider ‘opportunity cost’ when they make a purchase?

What good is all the specialized knowledge that students acquire in a traditional college or University without a thorough understanding of how they can create, protect and grow their money toward a stable financial future?

How is it that many people cannot tie their own financial shoe laces? And how is it that, in obtaining an in-depth knowledge of world geography, algebra, foreign cultures, or even obscure topics such as Greek mythology, there are no classes providing students with a personal finance education?

The result? So many people spend their whole life working a job they do not enjoy with the dream of some day paying off a huge mortgage and even worse additional credit card debt.

You might also ask why the education system appears to prepare people for a job rather than entrepreneurship, why we are constantly enticed with new attractive credit card offers and interest-free loans, and how it is that in the 21st century both spouses usually have to work to make ends meet when decades ago large families were supported by just the one parent?

Most of us have the idea that something is fundamentally wrong with the system but believe we have no choice but to go along with the status quo as the fate of our money as tax-payers is determined behind closed doors.

Bailouts favour the banks and the rich, while the Average Joe loses his job and/or is presented with ever-larger grocery bills.

There is some good news, however! By obtaining a personal finance education right now and aligning yourself with a company that is blowing the whistle on the bailouts, coming hyperinflation, and exactly why the gold price is skyrocketing, it will be possible for you also to turn your financial life around and set yourself free financially.

There is a unique company that was formed with the vision of giving ordinary people access to the financial knowledge and wealth-building strategies normally reserved for the rich and famous.

This company has already helped many marketers not only obtain a personal finance education and dramatically turn their finances around but also help those they care about!…

Unemployed Loans USA: Helpful Way for Jobless People

In this cut throat competition it is not so easy to get a job quickly and during the time when one is out of job cannot deny his needs to knock his door because expenses never stop. So, what to do in such situation? How to tackle them all? What path is best to go on? The answer of all these questions is one that is unemployed loans USA. If you are facing such difficulties, don’t be panic because you have an option to get funds with no trouble. Through the assistance of unemployed loans you can get cash easily with no trouble.

These loans can be taken in two forms one secured form and second is unsecured form. If you desire to obtain bigger amount of cash and you have collateral to bestow for the security of the loan, you can apply for secured type of loan. Via this category you can get cash in the range of $25000 to $75000 for a period of 10 to 25 years. Secured loan abide smaller interest rate as compared to unsecured loans. On the other side if you go for unsecured loan, you will not have to pledge anything as collateral against the loan amount. Through these types of loan you can get cash in the range of $1000 to $25000 for a period of 1 to 10 years. Make sure; because of being unsecured in nature these loans entitle slightly high rate of interest in comparison of other standard loans.

To get the loan you will have to fill out a simple online application form with all needed information and once your loan form is approved; your loan amount will be transferred to your bank account on the same day of applying. Make sure to apply for unemployed tenant loans you must be over 18 years of the age, you must have an active checking bank account at least six months old and you must be the citizen of USA.

You are also suggested to make a good search over internet and make comparison between their quotes then choose a lender according to your needs and repayment potential.…

Short Term Loans Unemployed as a Boon for an Individual

Unemployment is like a curse and most of the times it brings many other troubles also with it. If you are out of job, it is quite sure that you will be going through a difficulty period of your life. Being unemployed do not mean that your bills will stop coming to you because till the life goes on expenses also go on and you have to meet them anyhow. If you are suffering with lack of cash, you can get swift cash with the help of short term loans unemployed to sort out the troubles coming to you that demand immediate solution. Thus, now you can solve all your fiscal crunches easily.

Features of these loans are really impressive. The most beneficial part of these loans is that while offering the loan facility lenders do not ask for income proof because these loans are meant to help unemployed people. Short term loans unemployed are unsecured loans so there is no need to present any collateral as security against the loan amount. Thus, these are risk free for borrowers. As the name implies, these loans are short term loans and offer small cash for your daily needs. Loan amount depends upon your financial condition but as a general rule borrowers can get the loan amount in the range of $100 to $1500. Short term loans unemployed come with stretchy repayment term it means you can repay the loan amount within 14 to 31 days.

There is no credit check with loans for the unemployed so, you can avail funds even if you are tagged with bad credit score due to some past mistakes. Make sure that because of being unsecured and short term in nature, these carry high interest rate. But by doing an analysis of online loan market can let you find a lender with whom you can have an affordable deal. There are few conditions which you need to complete before you go for the loan. These prerequisites are:

a) Your age must be 18 years or more.

b) You must be the citizen of USA.

c) There must be a bank account under your name in USA.

d) Residence proof is must.

If you meet the requirements, you can apply for loan and get cash easily.…

Quick Loans for Unemployed Students

The student who is going for regular classes doesn’t have enough time to earn money to bear out his/her educational expenses. In this situation either he has to depend on his parents or ask monetary assistance from different economic sources. If you are also one of these students, stop getting apprehensive under these circumstances because students can take pecuniary aid by making the most of quick loans for unemployed students. These loans are mainly planned for students only, so they can meet with their important educational wants punctually without being troubled.

Quick loans for unemployed students are available in unsecured form as they are meant for students only as they have no standard source of income. Via these loans, people can get the loan amount varying from $1000 to $25000 as per their requirements and financial potential. This amount can be approved for the time period of 1 to 10 years. Thus, you have sufficient time to pay back the loan on time. The interest rate can be a slightly high because of no security but it can be flexible. So, no more worries can hold you if you go with this loan scheme.

To obtain the loan all you just need complete an easy online application form with the general details and submit it online. After verification formalities your approved cash will be transferred to your bank account quickly. The online application process eradicates all the difficulties in the way of getting approved for loans for unemployed. In addition, no tedious faxing and paperwork formalities are involved with this loan processing.

With the borrowed amount you can met your numerous wants without having constriction of the lender. It can be anything for instance purchasing new expensive books, pay off professional course fee, paying college or school fee, paying examination fee, debt consolidation and so on.

If you are tagged with bad credit problems, even then you can apply for quick cash loans for unemployed and obtain quick cash without any hassle. So, being student if you still find yourself in need of cash you can apply for quick loans for unemployed people and crack your fiscal problems easily.…