Learning Center
Learning Center
Welcome to the Personal Finance Lab Learning Center! You can find a selection of some of our most popular articles, or “Search” for something specific.
Featured Article
Cash Flow Analysis - Cash flow is a concept in accounting that refers to the spending or receiving of cash by an organization. For a given period, cash flow is calculated by ending cash balance less starting cash balance. It is important not to confuse cash flow with earnings, as cash flow is related to solvency, not profitability. Read More...
Personal Finance
Budgeting and Spending Strategies - Building a budget or spending plan is tough. Sticking to the plan is even tougher. Remember to "Pay Yourself First", and don't lose your head - stick to the plan! Read More...
IRS Audits - An “Audit” is what happens when the IRS picks your return out from the pile for extra scrutiny. The auditing process is designed to catch errors in the tax returns, verify the correct amount of… Read More...
Budgeting - There's a difference between a "Project Budget" and a "Living Budget"! You'll need a different attitude when you're thinking about how to plan your monthly income, expenses, and savings goals compared to just how to… Read More...
Short Term Financing - “Short Term” financing means taking out a loan to make a purchase, usually with the loan term at less than a year. Short-term financing usually has a higher interest rate than long-term loans - and… Read More...