Create New Report
If you need to borrow money:
Add the borrowed value on the income field and call it: "LOAN"
Keep in mind that you have to return them back + interest.
Try to not borrow more then your negative cashflow value.
You should always borrow what you can easily pay from your current income!
If you need to cut expenses:
Just press the red minus button
Try to cut only what you don't really need (i.e. newspaper subscription)
Don't be too harsh on yourself
Cutting expenses is a more healthier way then borrowing money!
Month
Total Income: insert total income array
Total Expenses: insert total expenses array
Cash-flow: insert cash-flow here
Income Source:
Expenses Source:
Warning! You are spending more than you earn!
You have two options: You either cut some expenses or you have to borrow some money!
Remember: Borrowing money to finance your current expenses is not a smart thing to do. You could end up in borrowing other money to pay back the already borrowed money.
Borrow Money
A healthy way is to borrow what you can easily pay from your current income!Cut Expenses
A healthy way to cut expenses is to cut from the variable expenses!There is nothing here yet. You should add your income.
And your expenses.