9. Cash Flow Management - Deepstash
9. Cash Flow Management

9. Cash Flow Management

Managing cash flow effectively means ensuring that more money is coming in than going out. By creating a budget, tracking expenses, and identifying opportunities to increase income or reduce expenses, individuals can maintain positive cash flow and build wealth over time.

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Just another homo-sapien

"Rich Dad Poor Dad" is a personal finance book written by Robert Kiyosaki that challenges traditional beliefs about money and investing. The author draws on his experiences growing up with two father figures, one of whom was financially successful, and the other who was not. He teaches readers about the importance of financial education, asset-building, and the differences between assets and liabilities. Kiyosaki shares practical lessons and advice on managing debt, building wealth, and developing financial intelligence.

Similar ideas to 9. Cash Flow Management

The cash flow formula

The cash flow formula

The word "budget" is often synonymous with restricted and rigid, making you want to avoid it. Instead, use the term "cash flow."

The formula for cash flow is:

(Monthly income) - (Monthly expenses + saving) = (Money left to spend.)

Generating Wealth Is A Long Shot

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