Cash Flow & Budget Planning
Cash flow and budget planning are crucial aspects of Financial Planning. We utilize the cash flow methodology when building out your plan. It is our belief that this methodology provides more precision when modeling out future buying power with the resources at hand. A budget is very much a function of behavior. A budget reflects the day-to-day and week-to-week decisions we make on what we spend our money on. Adhering to a budget or spending plan requires and builds discipline that the little choices you make create large outcomes.
Cash Flow: Cash flow refers to the movement of money in and out of a business or individual’s accounts. It is essential to have a positive cash flow to ensure that there is enough money to cover expenses and invest in growth opportunities.
Budget Planning: Budget planning involves creating a spending plan that provides the structure to allocate resources that align with your priorities and goals.