Financial statement – it's not as hard as you think

Robert Kiyosaki stressed in his Rich Dad books on the importance of being financially literate.  And among other things, learning and keeping a financial statement is a important element of being financially literate.

I always have the impression that learning to read a financial statement and keeping one is a tedious effort that will require me to spend perhaps a full day trying to make head and tails of it.

Well, I am surprised to know that creating and keeping a personal financial statement can be as simple as ABC after reading this post.