Economic position: is concerned with understanding the individual resources offered by examining net worth and household cash flow. Net worth is a person’s balance sheet, calculated by adding up all assets below that person’s control, minus all liabilities of the household, at a single point in time. Household money flow totals up all the expected sources of revenue within a year, minus all expected expenses inside the exact same year. From this analysis, the economic planner can decide to what degree and in what time the individual targets can be accomplished.

Quotes are thoughts blowing , I should say thanks to you. This lens is displaying the maturity as a lensmaster in squidoo. Professional ideas followed by outstanding writing energy. Anyway, that’s enough of a non-economic update and I need to get back to the net worth figures. I ought to also mention that this is almost certainly my last …