How do you know whether you have enough cash in your bank account? This is a common question in both business and personal finance. My guess is you're taking one of the following approaches:
- A random amount of money that "feels" right
- Don't think about it until you realize it's time to run payro...
Use visuals to spot trends and patterns
There are only 3 ways to convey information:
- Words
- Pictures
- Numbers
If we rank them from easiest-to-hardest-to-understand, then it probably goes: 1) pictures, 2) words, 3) numbers. So why are we exclusively using numbers to understand our financial po...
I'm tired of seeing crummy articles about building a budget, forecast, model, etc. so I decided to create this incredibly simple yet practical guide to budgeting.Ā [In case you didn't pick it up, I use the terms budget, forecast, and model interchangeably.]
What are the steps?
You likely already kn...