Copyright Goodheart-Willcox Co., Inc. 43 Section 2.1 Personal Financial Landscape Cash Flow Statement Month of October Actual Category Cash Inflow (Income) Part-time jobs $265 (Babysitting, yard work, after- school job) Allowance 40 Gifts 10 Total Income $315 Cash Outflow (Expenses) Fixed Expenses $120 (Bus pass, lunches, savings) Variable Expenses $170 (Snacks, clothes, cell phone, personal care products, movies/concerts/events) Total Expenses 290 Total Outflow $290 Net Cash Flow $25 Goodheart-Willcox Publisher Figure 2-5 A cash flow statement is a summary of the amount of money received and the amount paid for goods and services during a specific period. Ethics Biased Language As you go to work or school each day, you may encounter others who categorize people using biased words and comments. Using age, gender, race, disability, or ethnicity as a way to describe others is unethical and sometimes even illegal. Use bias-free language in all of your communications, whether verbal or printed, to show respect for others.