Frequently Asked Questions: How do the reports help me make a better personal financial decision?
The reporting feature breaks down your income by the hour, day, month and year to give you a better grasp on your income and cash. This can aid you in making decisions such as; you are offered a job in another industry which pays $15.00 an hour plus a benefit package of an additional $2.00 an hour. Before you make a decision, you can review the reports and find that you actually make $22.00 an hour. Therefore, your income will actually be reduced by $5.00 an hour. At this point, you can decide whether to take the job which pays less and try to make up the reduction in income or stay with your current job. Another example would be if you are a college student or your children are students and you have to pay for tuition by a certain date. You probably will estimate by guessing how much you can set aside based on how much you have made in the past at any given time of the year. By reviewing the prior year’s comparison reports, you can see whether your current income is higher or lower th
