Budgeting Money Videos

The calendar method of budget has been used for decades but is just now gaining massive popularity. In the past, manually updating a paper calendar meant lots of tedious work and recalculating for...

This article is to teach people, young people especially, the steps to create a budget spreadsheet using the Microsoft Excel spreadsheet program to help with the complex and important problem of...

When it comes to grocery shopping prices, it's important to plan a trip before going to the store to make sure that the money goes as far as possible. Discover the differences between durable and...

Before creating a weekly planner, get an idea of what the plan is for an entire year, and then break the projections back into small increments. List expenses and income in a weekly planner with...

A profit and loss statement, or income statement, shows a company's performance over a range of time, while a balance sheet shows a company's position for a given moment in time. Learn about more...

A comparative balance sheet will show year-over-year or month-over-month numbers to provide insight into how a company's trends are working. Discover how comparative balance sheets can be used as...

Creating a trial balance for a balance sheet involves taking a set of all transactions that a company has made, recording them and making sure that the debits are equal to the credits. Assign each...

A company will usually make three types of investments that need to be accounted for, including cash and cash equivalents, short-term investments and long-term investments. Discover how short-term...

As a company goes through transactions and makes journal entries, the proper logging of these transactions involves making sure that credits are equal to debits. Keep a balance sheet reconciled...

When making a year-end balance sheet, a company will go over their assets, liabilities and owner's equity over the course of one year. Learn why balance sheets are always reflective of one given...

One of the limitations of a balance sheet is that rules require a company to state the value of an asset based on the time that they purchased the given asset. Discover what things are classified...

Stock warrants are often given to investors as stock options that can be presented at a later date, and warrants are considered to be long-term investments. Find out why stock options are...

A company's balance sheet will always consist of three components, which are the company's assets, liabilities and the owner's equities. Get information on how a balance sheet gives insight into a...

There are three primary limitations to balance sheets, including the fact that they are recorded at historical cost, the use of estimates and the omission of valuable things, like intelligence....

Balance sheet equity refers to a the equity of a company's owner, which is comprised of contributing capital, additional capital and the retained earning. Gain a better understanding of what a...

A column balance sheet reads from the left to the right, with the left showing a company's assets and the right showing their liabilities. Find out where to look for the owner's equity in a column...

The first step in creating a balance sheet for a small business is to calculate their assets, whether they're short-term or long-term, and their liabilities. Find out what is contained within the...

A convenience store's balance sheet should include all of their assets, liabilities and their owner's equity. Discover the things that are considered assets, such as cash, inventory and fixed...

A projected balance sheet is designed to help an individual or a company to understand what it owes and what the owner's value is within the company. Find out why a projected balance sheet must be...

A balance sheet can be analyzed in a number of ways to help investors, bankers and managers understand the true value of a business. Analyze a balance sheet by four key ratios, including quick...

A break-even point is used by companies to determine how much needs to be produced and how much needs to be sold for the company to break even. Discover how break-even points are used to help a...

In order to create a classified balance sheet, there need to be three components, including assets, liabilities and owner's equity. Find out how a classified balance sheet takes these three sets...

A balance sheet is made up of three primary components, including assets, liabilities and owner's equity. Learn more about assets, such as bank accounts and inventory, with help from an...

Usually, the total expense ratio gives an investor a better understanding of how much they are paying for their ownership within a mutual fund or company. Take the total fund's cost and divide it...

The balance sheet for accounting statements is a financial report that lets people know what the value is of a company or an individual. Discover how balance sheets are divided into assets,...

Managing financial statements or balance sheets is only as good as the available information, as managers need to have an understanding of what a company is built out of, what the company owns,...

Off-balance sheet financing is most commonly used in an operating lease, such as when a company decides not to purchase a building for a business by taking out loans. Keep debt off of a balance...

Off-balance sheet tax structures are created when a company has items within their financing that are not on their balance sheet. Discover how off-balance sheet tax structures help to suggest the...

A pro forma financial statement is designed to help investors, managers and whomever may be analyzing financial statements to understand the normal course of operations of a business. Learn about...

Balance sheets are used for investors, managers, owners of companies and other stakeholders to evaluate different aspects of a business. Find out about the ratios that people can use to analyze...

A balance sheet is structured by taking a specific date, calculating assets, calculating liabilities and showing the owner's equity. Discover where debts are included on balance sheets with help...

A balance sheet discusses assets, liabilities and owner's equity, and these sheets are set up so that it is easy to understand the value of a company. Learn about everything a company owns and...

A classified balance sheet takes all of the categories that are contained within assets and liabilities and clumps them into specific classes. Find out how all assets that are the same as cash are...

A home equity line of credit, known as a HELOC, is absolutely tax deductible, as Congress passed an act regarding the deductibility of mortgages. Learn about home equity lines of credit with...

Opening up a bank account for a business requires supplying the EIN number, which is assigned to each business, and forming a partnership with the bank. Build a relationship with the bank, both...

Selling a house in a bad economy can be done by getting a professional appraisal, pricing the house appropriately and hiring a staging company to make the home more presentable. Make a house more...

To estimate a tax refund, take all of the tax documents from the previous year to a CPA, or use an online program like TurboTax, which enables an individual to gain access to a return much sooner...

Withdrawing from bankruptcy is possible by stopping the process, paying off all creditors and purging the action from the record. Withdraw from bankruptcy in the event of unexpected funds with...

Getting a credit card with a bad credit rating is still possible by obtaining a prepaid card, which can be reloaded with cash and used like a regular credit card. Build up a better line of credit...

Foreclosure on a second mortgage occurs after a period of missed payments, and it supersedes the first mortgage company's interests. Understand how second mortgages work with information from a...

Qualifying for a home loan is a process of credit checking, comparing assets and analyzing equity, as a bank will not approve a mortgage that is more than 40 percent of an individual's monthly...

Maximizing social security benefits can be done by having the highest-paying job possible during employment, as the higher the past income, the larger the social security check. Defer application...

Making a home budget involves listing the total household assets and income compared to the liabilities and bills. Find out the net worth of a household when coming up with a budget with...

Filing Chapter 13 is necessary after filing Chapter 7, as an individual cannot file for two of the same bankruptcies back-to-back. Get a lawyer when filing Chapter 13 with information from a...

Finding out the true worth of a house is important for analyzing all assets, and a real estate agent can help organize a formal appraisal of a home. Get the true value of a house with information...

Filing a tax extension with the IRS is important if your taxes cannot be filed on time to remain compliant with the IRS. File an extension instead of just filing taxes late with information from a...

Purchasing a second home to rent is a great opportunity to gain wealth and financial credibility, and purchasing a better home to live in while renting out the principle residence can be...

Establishing corporate credit lines requires starting small with gas cards and working up towards business loans and mortgages, which can result in hundreds of thousands of dollars in corporate...

To pay bills after a work-related accident, use disability insurance to continue receiving a pay check, and use any settlement money that may come into play for maintaining everyday bills and...

Saving money at the grocery store can be done by preparing a list before going, clipping coupons, joining a frequent buyer club, buying only nutritious food and finding store brands instead of...