Let’s discuss what they should exclude:
1. Any business-related assets or liabilities.
2. Your personal financial statements mustn’t include anything you rent or personal belongings like household goods or furniture.
What to Exclude From a Personal Financial Statement
There are a variety of ways you can achieve a positive or higher figure. Here are several suggestions:
1. Cut Expenses
2. Look for New Income Sources
3. Buy a House
4, Build an Emergency Fund