For those living in USA - what's your most expensive cost center? What takes most of your money? Burama On Tuesday, November 4, 2014, Burama Jammeh <[log in to unmask]> wrote: > 2014 is fast approaching the end. I wonder if you had account your > finances - how much you made, what was the sources, what did you do to make > that earnings; how did you spent that income, how much did you spent on > each cost center, what percentage is saved and how. How did you do - your > actuals against plans/projections? > > When did you start accounting your resources? Does it help in properly > managing your resources? > > 2015 is fast approaching - life is such that we can't usually work to the > very end. Suffice to say we need to plan for those precious years that we > can't produce but would want to live in comfort. For many of us if not all > - wealth is never generated overnight and/or in bulk. Goodness we can help > this by proper management (that includes Producing, savings and > investments). > > Am offering folks free basic services - how to account for your income. I > believe knowing this will help you make inform decisions what you may do, > could do and/or want do. > > I have developed a simple template in Numbers (Apple version of Excel) > that I can provide you. Is mainly configured with formulas - with basic > idea of excel you shouldn't have any problem. In the privacy of your own > world you can put your labor in concise picture that you can understand. > > The template has the following > > 1) Projected Income statement - gives you an idea what you think will earn > in 2015 or any forwarding 12 months > > 2) Actual income - weekly, biweekly, monthly and year and by source > > 3) Monthly living expenses > > Numbers 2&3 gives you an idea of your cash flow (-/+). That alone will > help you make decisions what to do to improve your cash flow. Cash flow is > the basic of any financial management - if not positive and/or handsome one > can't do nothing. Remember what we called hand to mouth > > 4) Remittance and family support- money send to Banjul - amount, rate, > fees, transfer agent, etc. > > 5) numbers 5-7 are project costing templates - in case you have a project > in Banjul, it will help account money input, when and on what > > 6) template 8 summaries all in a sheet- income, expenses by cost center > and cash balance. > > The template can be modified to suit your personal > needs or your can develop one yourself. You could also search for the net > for some free personal finance management tools. Or you could by a > specialized software. Professional versions are also available. > > No intent to involve in your personal life. If you think this will help - > is free. If you want to use or just look at the templates flash me at my > personal email. > > Burama > ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface at: http://listserv.icors.org/archives/gambia-l.html To Search in the Gambia-L archives, go to: http://listserv.icors.org/SCRIPTS/WA-ICORS.EXE?S1=gambia-l To contact the List Management, please send an e-mail to: [log in to unmask] ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤