The health of every financial plan depends heavily on sound cash flow planning. While people tend to know what they should do, in reality, they often fall short of taking even the most basic steps toward tracking and managing their cash flow.
You can have a dramatic long-term impact on your financial well-being by simply increasing the awareness of your spending and promoting discipline and accountability.
We have created this checklist to help you create and manage a cash flow plan that supports your lifestyle and goals.
It covers cash flow planning basics, including:
- Income sources
- Essential and discretionary spending
- Debt and taxes
- Goal funding
- Monitoring strategies