If you are still not convinced that cash flow planning is important to your over all financial plan – let’s us recap a few key points.
Behavioural Cash Flow Planning is not a BUDGET. Although there is nothing wrong with having a budget. Many of us will agree that over time it does not really work because no one likes to be told what to do with their money.
Behavioural Cash Flow Planning on the other hand is about harnessing your cash flow so you can get more life from the money you have. This means stopping those high inefficient interest rate leakages that are usually represented by high interest rate credit card balances. It also allows you to take control of your day to day expenses so that you can spend your money on the things that really matter.
Take a look at these real life situations in which cash flow planning provided a high value solution for these individuals. The link will take you to our website. Please scroll down or go to the right of the page to download our case studies.
How can a cash flow plan work for a single individual? Single Individual
How can a cash flow plan work for a young family? Young Family
How can a cash flow plan work if you are 10 years from retirement? 10 Years from Retirement
As I work more and more with families and individuals, I believe that cash flow planning really is the missing piece of the financial planning puzzle.