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Provision Business Services LLC

A Professional Bookkeeping Firm

Located in Albuquerque, Serving all of New Mexico

505-269-3783

The Albuquerque Journal published an article on 4/1/15, page B1, about our state being rated near the bottom of all US states in terms of financial literacy.  It considered the following variables:

% of people with a “rainy day fund” – we ranked 49th

% of “unbanked” households – we ranked 43rd

% of people who pay the minimum on credit card bills – we ranked 46th

And % of people who compare credit cards before applying – we ranked 41st

The most financially literate states were New Hampshire, Utah, and Massachusetts, while Louisiana, Arkansas, nevada, and Mississippi ranked below us.

Also according to the Wallet Hub study cited, only 2 in 5 adults have a budget.

Your business can’t be healthy without a budget.  We can help you evaluate your expenses with profit and loss reports and balance sheets.  Once you have this data, you can make better decisions about how to spend your business’s money.