What is cash flow management?
Cash flow management is more than just a budget. It is a mechanism by which individuals manage the flow of income and expenses to ensure their non-discretionary obligations are met (e.g. bills, living needs), and empower them to understand discretionary spending patterns which ultimately provide a framework aimed to achieve the balance between debt management and wealth accumulation. For this reason, cash flow management is at the core of quality strategic financial advice.
Ultimately, cash flow management will provide clients with the following outcomes:
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