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Content
Example using “Normalization” on an Individual’s “Income Statement” and “Balance Sheet”
Jane Doe’s Normalized Personal “Balance Sheet”
Assets
Cash
5000
1%
5000
1%
0%
60000
10%
50000
9%
20%
115000
19%
100000
19%
15%
6000
1%
5000
1%
20%
186000
31%
160000
30%
16%
Car
40000
7%
30000
6%
33%
Other Insurable Assets
50000
8%
45000
8%
11%
Household Property
100000
17%
100000
19%
0%
House
220000
37%
200000
37%