Cash Flow
Cash flow management is the process of planning, and controlling the movement of cash in and out of your bank account, with the goal to build wealth.
These blog posts demonstrated how to build wealth quickly and efficiently. Forecasting future cash needs and ensuring that there are sufficient funds available to meet these needs, is also part of the strategy. As well as managing any excess cash in a way that maximizes its value.
Always take advantage of your resources, Operate like a Fortune 500 company, stay in control and disciplined with your emotion, and strive to do more with your time.
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The Crushing Weight of Poverty and its Effects
2/3 of the crew is present with another short. Lovely and Lawrence discuss the weight of poverty and how money impacts everything.
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Here are 7 Ways to Increase Your Income and Wealth by 20% Annually
For as much as the personal finance space talks about debt reduction and/or now financial trauma, it definitely avoids talking about the NEED to increase your INCOME. Bringing in income is a massive component of building sustainable wealth and increasing your happiness. There are but so many expenses to cut until you are living like a 15th-century monk. Beyond establishing financial discipline and developing SMART+ER goals, you will need money. Bills aren’t paid on aspirations alone. Forget what social media says, you still need real currency backed by reality. Over the last five years, my wife and I were able to travel more while scaling up our net worth. How?…
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How a Great Budgeting Plan Can Help You Live Off of $112,000 Per Year for the Rest of your life
Most people are budgeting ineffectively. Fortunately, this Budgeting Plan Can Help You live off of $112K Per Year for the rest of your life.
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Cash Flow, Financial Planning & Resources, FIRE Journey, Millennial Money, Money Behavior, Money Management
How to Burn the Wealth Candle at Both Ends
If you really want to elevate your wealth, you will have to learn to burn the financial candle at both ends. This is the path to happiness.
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Improving Your Cash Flow is the Key to Wealth
For starters, welcome to The Neighborhood Finance Guy website where we discuss financial literacy topics such as How to Grow Your Wealth, Building a Better Cash Flow Strategy, Investment, Retirement and more. My goal is to help you make effective decisions and set S.M.A.R.T+E.R. goals with your money. As always, the information is FREE but the struggle is not sold separately. Ever Heard About Cash Flow? The first time I ever heard of the term cash flow was in Cost Accounting class. Even then, it was kinda abstract. By definition, a cash flow statement provides data regarding all cash inflows that a company receives from its ongoing operations and external…
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Why You Need to Improve Your Cash-Flow, Today!
In this episode of the Financial Griot Podcast, Lovely and Lawrence talk about cash flow positivity during a time of high inflation and even higher prices. Most people don't know how much they spend monthly or even how much they earn. This is a good time to pause and do a mid year inventory so you can make sure your money management is up pre-recession. It's up to you to be prepared for the next opportunity.
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$5,000 Saved isn’t Enough. An Acid Emergency Plan is Better.
65% of Americans will be impacted by a financial emergency. Only 27% have an emergency plan in place. Here’s How to Create Your Own Acid Plan
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Earning Financial Freedom is a Revolutionary Act
This is one of those rare bonus conversation, all about the Financial Revolution. In the past, we have the Renaissance, the Industrial Revolution Part I and Part II and in modern times, the Financial revolution. The goal is to recognize the game that you are playing. As of now, your goal is to 1. Decrease unnecessary expenses in order to live the life that's tailored to you, 2. increase your income because inflation will eat it up and only cash flow matters, and 3. Investing the difference in yourself, your family, your experiences, your lifestyle, investments, retirement, real estate ownership and finally small business. Take a breather, we know it's…