If you are still not convinced that cash flow planning is important to your over all financial plan – let’s us recap a few key points.
Behavioural Cash Flow Planning is not a BUDGET. Although there is nothing wrong with having a budget. Many of us will agree that over time it does not really work because no one likes to be told what to do with their money.
Behavioural Cash Flow Planning on the other hand is about harnessing your cash flow so you can get more life from you money. This means stopping those high inefficient interest rate leakages that are usually represented by high interest rate credit card balances. It also allows you to take control of your day to day expenses so that you can spend your money on the things that really matter.
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