Cash flow

a quick and easy way to learn personal finance

Authors

  • Ronald R. Crabb Finance and Business Law Departments, University of Wisconsin-Whitewater, 5002 Carlson Hall, Whitewater, WI 53190-1797, USA

DOI:

https://doi.org/10.1016/S1057-0810(00)00045-7

Keywords:

Cash Flow Spreadsheet, Solver, Goal Seek

Abstract

A cash flow spreadsheet methodology simplifies solving a number of common personal finance problems. At schools where a basic finance course is not a prerequisite for the personal financial planning course, this methodology makes learning personal finance skills and concepts quick and easy. It reinforces time value of money mathematics when students have had a prerequisite finance course. Creating the cash flow spreadsheets, editing them for errors, and testing the finished spreadsheets for logical consistency imprints in minds of most students the skills and concepts you are trying to teach. © 1999 Elsevier Science Inc. All rights reserved.

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Published

1999-12-30

How to Cite

Crabb, R. R. (1999). Cash flow: a quick and easy way to learn personal finance. Financial Services Review: The Journal of Individual Financial Management, 8(4), 269–282. https://doi.org/10.1016/S1057-0810(00)00045-7

Issue

Vol. 8 No. 4 (1999): Financial Services Review

Section

New Original Submission

License

Copyright (c) 1999 JAI Press Inc.

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