The Simplest Explanations of Financial Statements – What They Are, How to Use Them

The simplest statement is the profit and loss statement, also called P & L. This P & L indicates if the organization is generating profits or losses with its operations during a set period of…

Financial Skills – How to Budget & Balance Accounts

I was surprised when I asked parents to tell me the life skills that they wanted their kids knew, and there was a resounding request for a few topics: How to open a bank account How to budget & b…