and other financial details. Along with the statement of real estate owned, the personal financial statement is a key document for lenders in making credit decisions. Individuals can have a PFS prepared by their accountant[3] or download a template online to prepare independently. ...
The point is that to accurately complete your personal financial statement you are going to need to ask a lot of questions, and probably do a lot of Google searching, to figure out why such-and-such is a liability, or what exactly is an asset, etc. Using the template will give you a...