Years ago when I first began doing cash flow analysis and planning with my clients I observed that we have a tendency to increase our outflows as our income increases. During the first annual review with one particular client the conversation went something like this: Me: It looks like your spending equals your income. You’re not spending more than you have,… Read more →
Tag: Cash Flow
Cash flow planning is critical to financial success.
After all, most of us do not inherit wealth, so, if we are going to gain it, we must build it. And for most of us, the opportunity to build wealth exists, over time, as we turn our ability to earn an income into cash flow from which we “capture” financial assets. We capture financial assets by spending less than… Read more →