Sunday, June 27, 2010

Improving Your Personal Cash Flow

Cash flow consists of the income that one makes minus the expenses that one has.  If you want to improve your personal cash flow, then you either need to increase your income, decrease your expenses, or do a combination of both.  Once you have a positive personal cash flow, then you can use the extra cash each month and use it to either pay off debts or purchase assets that will provide you with more cash.  Eventually, the amount of extra cash will add up such that your income from assets will be more than your monthly living expenses.  At that point, you are financially free. Money management and improving your personal cash flow is very important. 


Read more here:
Personal Cash Flow

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