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Cash Flow – Olympic Level
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In episode 23 we discussed cash flow at the sprint distance level of training. In that episode, you learned that you shouldn’t spend more than 30% of your income on housing and you should be saving 20% of your income each month.
On this episode of Money Mile, we’re going to level up the cash flow component of your financial training plan. Listen in to learn how you can improve your cash flow with some best practices you can’t miss.
You will want to hear this episode if you are interested in...
- Spending money monthly on a depreciating asset [1:22]
- Monthly cashflow hates variability [3:48]
- The importance of cash reserves [5:55]
- Homework [9:05]
Resources & People Mentioned
- Episode 23 - Cash Flow Guardrails
- Episode 26 - Contingency Planning: The Risk Management Aspect of Your Financial Training Plan
Connect With Justin Waller
- https://WallerFC.com
- Waller Financial Coaching on Facebook
- Justin on Instagram
- Justin on LinkedIn
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