The third type of financial statement is a statement of cash flows. These are not commonly prepared for small businesses, which I think is a real mistake as they are an excellent indicator of the strength of the business. Even worse, they are almost never prepared for an individual. A company could be making income (shown through the income statement) and yet go broke. And an individual could have money in an account and still be on the way to (more…)

I just receive call from my credit card provider. I am surprise why they call me in the morning or maybe I have something that I can’t remember with them? After conversation around two minutes finally she, the caller of credit card provider, offers me a new credit card with some different of my existing card. When I ask her why they choose me, she answer that I am one of invited person to (more…)