Ideas in this flowchart

• Use personal financial statements to evaluate how well you manage your finances.
• Complete your personal financial statements first.
• Include personal care, recreation and entertainment, and miscellaneous expenses.
• Assess your financial condition through key questions.
• Determine whether your debt ratio is concerning.
• Assess whether a potential creditor would consider lending you money safe or risky.
• Assess whether people would want to invest in you if you were a company.
• Explain why people would or would not want to invest in you.
• Identify actions that could improve your financial condition.