In todays world, the financial transactions in our lives have become numerous and complex. Money flows out via direct debits, credit and debit card purchases. We have mortgages, we buy on extended credit schemes, we sign up for insurance policies, we sign up for long term savings.

Unless we keep up with what other people are taking out of our bank accounts, we can land in a mess.

Keeping One Step Ahead is an easy to read guide to the “what” and “how” of keeping control of your money.

Financial reports are clear and easy for the non-accountant to follow. The Income and Expenditure Account tells you whether you are earning more than you spend. The Balance Sheet lists what you own and what you owe, and tells you your net worth. The Financing report tells you what you did with your surplus income - or how you financed your expense overrun!

These are invaluable tools when talking to your financial adviser, your accountant as well as your Bank manager.