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Cash Flow is Over-Rated
Have you ever wondered why everyone loves cash flow?
What makes this one number so powerful in personal finance?
Let& #39;s take a deep dive!
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Have you ever wondered why everyone loves cash flow?
What makes this one number so powerful in personal finance?
Let& #39;s take a deep dive!
Cash Flow = Income (after tax) - Expenses
This is the life-blood of your wealth
Let me show you why this figure is so crucial to your success
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This is the life-blood of your wealth
Let me show you why this figure is so crucial to your success
1. Cash Flow is your Wealth Building tool
Income - only matters to a certain point of what you keep
Expenses - only matter in that as a percentage of income you are in line
Your positive Cash Flow is your true wealth creation
Without positive cash flow you can& #39;t even start
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Income - only matters to a certain point of what you keep
Expenses - only matter in that as a percentage of income you are in line
Your positive Cash Flow is your true wealth creation
Without positive cash flow you can& #39;t even start
2. Cash Flow Allows for Bad Debt elimination
You can talk snowball method or Avalanche Method
Frankly neither matter if you are not net positive with cash flow each month
You are spinning your wheels if you are trying to pay off debt without positive cash flow
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You can talk snowball method or Avalanche Method
Frankly neither matter if you are not net positive with cash flow each month
You are spinning your wheels if you are trying to pay off debt without positive cash flow
3. Cash Flow Allows for Savings & Investing
The more Cash Flow you have each month the more you can save & invest
Obviously the more saved each month the more wealth accumulation you will experience
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The more Cash Flow you have each month the more you can save & invest
Obviously the more saved each month the more wealth accumulation you will experience
4. Cash Flow grows with you
When you start you may only have a few hundred dollars of positive cash flow
As you pay off debt your positive cash flow grows
If you start a side hustle your cash flow grows
The better financially you are - more cash flow
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When you start you may only have a few hundred dollars of positive cash flow
As you pay off debt your positive cash flow grows
If you start a side hustle your cash flow grows
The better financially you are - more cash flow
My argument to you is a simple one
Track Cash Flow each month like your wealth depends on it
After all it does
In my experience there is not a more important figure in personal finance then cash flowhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🤯" title="Explodierender Kopf" aria-label="Emoji: Explodierender Kopf">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
Track Cash Flow each month like your wealth depends on it
After all it does
In my experience there is not a more important figure in personal finance then cash flow
The next time you see that Cash Flow Post you will
Understand why everyone loves it so much
Understand why everyone loves it so much
If you are looking for help increasing your cash flow goals
We need to talk! https://twindadmoney.com/coaching ">https://twindadmoney.com/coaching&...
We need to talk! https://twindadmoney.com/coaching ">https://twindadmoney.com/coaching&...
