Review of Economics and Statistics

Running head: PERSONAL FINANCE
Personal Finance
Name of the Student:
Name of the University:
Author’s Note:

PERSONAL FINANCE1
Table of Contents
Part A...............................................................................................................................................2
Monthly Net Cash Flow...............................................................................................................2
Part B...............................................................................................................................................3
Credit Card Exposures.....................................................................................................................3
Part C...............................................................................................................................................4
Real Estate Property....................................................................................................................4
References........................................................................................................................................6

PERSONAL FINANCE2
Part A
Monthly Net Cash Flow
1) The monthly net cash flows that have been well determined by taking all the cash inflows and
cash outflows that would be experienced by Allison as follows:
Particulars
Amount
($)
Monthly Cash Inflow
$
3,000.00
Cash Outflow
Rent
$
750.00
Student Loan
$
200.00
Utilities
$
150.00
Food
$
300.00
Recreation
$
600.00
Car Expense
$
200.00
Clothing
$
150.00
Total Cash Outflow
$
2,350.00
Net Cash Flow
$
650.00
2) The net cash flows that Judy is currently having is around -$1,000 and she can either increase
the assets or decrease the liabilities so that the net financial position becomes zero for her. On a
conceptual note basis since the income or monthly cash flows that she would be receiving is
fixed she must decrease her liabilities or current obligations so that she has a sound base of even
cash flows. On the other hand side her financial position can also be increased by taking a loan,