Cash Flow Management and Analysis
Cash flow management is a critical element of the wealth generation process. But it might surprise you to know that cash flow management has little to do with budgeting and a lot to do with matching cash flow requirements with the affordability of any financial strategy.
Cash flow is the net amount of cash moving in and out of your personal finances. Unlike total income return, cash flow examines when and how often income is paid over a set period.
Investments calculated on inaccurate cash flow projections can seriously impact your lifestyle and even cause your long-term investment plan to collapse.