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RE: Year-end financials as a method to compare income and expenses
a simple comparison between income and expenses will allow you to determine if you spend more than you earn.
It is very important to track income and expenses so that we can adujst them. Balancing is the most important thing otherwise if you keep doing expenses and other side your income is same then you will face many consequences and this is what we all not want. solid read.
That's right, it is vital to keep track of income and expenses so that we can adjust them, and not have headaches that end our lives.