Your Cash Budget and Personal Savings Ratio on page 102, we defined something called your personal savings

Question:

Your and Personal Savings Ratio on page 102, we defined something called your personal savings ratio. What is this ratio, and how can you use it when thinking about gaining control over your personal finances?
Cash Budget
A cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment. Its primary purpose is to provide the...