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Need Help

Ted is a single guy who’s living the good life. The spreadsheet below shows Ted’s cash flow for a month.

Based on his monthly cash flow, explain what part of Ted’s financial plan might be missing and why.

Need Help Ted is a single guy who’s living the good life. The spreadsheet below shows-example-1
User Ruach
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1 Answer

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Answer:

Ted's net cash flow is zero. Therefore, he might want to work on managing his income to get a positive net cash flow. There is no indication that Ted is putting any money in savings.

Hope it helps!

User Shaun Hamman
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