Where do you stand financially? Have your finances improved since last year? How much money did you spend last year, and on what? Are you using too much credit? If you have trouble answering these questions, you need to organize your records and measure your financial health.

Where do you stand financially? Have your finances improved since last year? How much money did you spend last year, and on what? Are you using too much credit? If you have trouble answering these questions, you need to organize your records and measure your financial health. Tracking your financial health is as important to your well-being as taking care of your physical health. As part of the Your Financial Health series, this publication will help you interpret your Balance Sheets and Cash Flow Statements and utilize several financial management ratios that will help you understand and assess the state of your financial health. For a review of balance sheets and cash flow statements, see VCE publications Your Financial Health – Balance Sheets and Your Financial Health – Cash Flow Statements.

Where do you stand financially? Have your finances improved since last year? How much money did you spend last year, and on what? Are you using too much credit? If you have trouble answering these questions, you need to organize your records and measure your financial health.