Typical conversation with a client: A client has $25,000 net income (cash basis) and the bank account has $10,000.?
- JohnLv 45 months ago
$25,000 × $10,000=$250 million.
Now, go to the magical land of "Hunky Dory" where the rules of math are different, and thrive!
- STEVEN FLv 75 months ago
That isn't a question and CANNOT be a meaningful statement.
In fact, 'net income' CANNOT be determined until AFTER implementing the financial plan.
Take home pay IS NOT net income.
- JudyLv 75 months ago
OK, is there a question hidden in there somewhere?