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Originally Posted by Mike33
For your personal records, do you do a balance sheet each month to see how much expenses are, how much income you're getting, as well as forcast for the near future?
It would probably be a great way to keep track of progress (or regression), yet I haven't done this in all the years I've been working. I just sort of play it by ear.
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Yup. I do it for both business and "home".