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Personal Financial Management 1 After Creating Personal Financial Statements (Net Worth and Cash Flow) What is that mean: IF net worth>cash flow ??? OR IF

Personal Financial Management

1 After Creating Personal Financial Statements (Net Worth and Cash Flow)

What is that mean:

  • IF net worth>cash flow ??? OR

  • IF cash flow>net worth???

2 In TDSR

P I + T + H + Debt

Gross Monthly Income

  • what is Debt mean??

Can you give some examples that make it easier for me to understand?

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