Also, I am now only reporting usable, liquid assets of mine. I will still report my business balance account which holds funds I owe, but I will not consider it an asset.
These last few days have been harsh on stocks, so my longterm holdings are not doing so hot. I have also transfered all the money I owe for my business to the business balance account. I like keeping my business 100% debt free, which is not great looking for balance sheets, but I like having no liabilites for now.
General Account: $423
Spending Account: $82
Investment Account: $860
Permanent Savings: $5,300
Stock Portfolio Value: $7,810
Total Assests: $14,475
Credit Card Balance: $0
Business Balance: $4,392
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So far my financial year is not off to the right start, but I am changing that soon!
what internet business do you own?
ReplyDeleteIn my last year of high school I started House Of Rave. com
ReplyDeleteIt is still my primary income source to this day.
-Neville