Sometimes keeping things simple is the best way to continuously manage wealth. That is why GPetrium has built a ‘Simplified Personal Financial Statement’. This document outlines one’s individual financial position and it is divided into two major areas: Assets & Liabilities. A secondary benefit of having it is that some lender may request a Personal Financial Statement before allowing you to borrow money from them*.
*Please note that some lender will provide a formal PFS to be filled. Be sure to follow their directions.
The ‘Simplified Personal Financial Statement’ is intended to be simple to use and maintain. Individuals may make changes to their Personal Financial Statement items to better satisfy their personal need.