Question
Your monthly net cash flow, including savings, is: $770 Based on the information you filled in, you're doing a great job balancing your income and
Your monthly net cash flow, including savings, is: $770 Based on the information you filled in, you're doing a great job balancing your income and your spending. It also looks like you have a little left over to build your savings or pay down more of your debt. Your bottom line Monthly Where you spend your money Monthly Housing $400 Personal & Living $400 Car & Transportation $0 Debt Repayment $1,000 Savings $0 Other $430 5/31/24, 9:51 PM TD Personal Cash Flow Calculator | TD https://apps.td.com/en/cash-flow-calculator/results 1/3 Your Personal Cash Flow Calculator Results Monthly Income $3,000.00 Total net household income $2,500.00 Government benefits $0.00 Investment $500.00 Housing $400.00 Mortgage or rent $400.00 Maintenance $0.00 Personal & Living $400.00 Groceries $200.00 Entertainment $100.00 Eating out $70.00 Movies and entertainment $30.00 Car & Transportation $0.00 Car insurance $0.00 Public transportation $0.00 Debt Repayment $1,000.00 Credit cards $0.00 Loans $500.00 student loan $500.00 Savings $0.00 RSP $0.00 Emergency fund $0.00 Other $430.00 uber $400.00 laundry $30.00
Based on the above information, Reflect andAnalyze: In paragraph form, analyze your personal cash flow statement. Discuss the key findings, including the sources of income that contribute the most, major expense categories, and any areas for improvement. Reflect on how the cash flow statement provides insights into your financial habits and helps identify opportunities for better financial management.
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