A personal cash flow statement is usually the starting point for an individual's or family's budget.

Name: A personal cash flow statement is usually the starting point for an individual's or family's budget.
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A personal cash flow statement, which outlines an individual's or family's income and expenses over a period, is typically the foundational tool used to create a budget, as it provides a clear picture of financial health and spending habits.

A Personal Cash Flow Statement Is Usually the Starting Point