Personal financial statements help track spending and increase ... especially if you need to liquidate them quickly due to an emergency. For example, you might purchase a home for $350,000 ...
This means that, unlike a statement balance, it will change depending on your spending. For example, let's say you spent $500 during a billing cycle, and another $50 after your cycle ends.
Recommending better approaches, she said that organisations or NGOs should share summary data rather than raw details to maintain transparency while protecting individual privacy.