PUBLIC MARKS from adfunk with tags insurance & accounts

What do you do when you come to a point where you have a lot of debt which need to be cleared each month, but the interest rates are extremely high? Sometimes, people do not pay off the debt is because of the hefty charges and interest which eventually leads to bankruptcy. Nevertheless, bankruptcy is not always a good thing, thus, debt repayment is a must to avoid bankruptcy. Some of us may argue that our installments are merely enough to cover the high interest rate charged by the financial institution, but in fact, there is a way to reduce debt as well as the interest rate we are getting.

For short term forecasting methods it looks no different for Q4, however with the new financial year not so far away many companies are now looking at forecasts for 2009-10- will you do anything different this financial year? Normally there are two key financial statements in the forecasting process these are the cash flow forecast (and) the statement of changes in a financial position. Here is an example of what a Manager may be looking at when considering a conservative approach to financial forecasting.