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.)
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"I'm Sticking to a Strict Budget During the Pandemic But It's Making Me Miserable"
thriveglobal.com
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"Making money is art and working is art and good business is the best art." ~ Andy Warhol
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CASH FLOW
Cash flow is the amount of money a company takes in as a result of doing business.All companies take in cash, but some have to spend more than others to get it.
Budgeting your money is the cornerstone of a sound financial plan, and seeing all the numbers in black and white can offer valuable perspective on where your mone...
WES MOSS
When budgeting comes in handy
- You have no idea where your money is going.
- You’re chronically overspending.
- You’re not saving any money.
- You struggle to afford the things you really want.
- You have trouble keeping track of bills.
- You often face cash flow problems.
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