Importance of Positive Cash Flow

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Cash flow is the net amount of cash that is flowing. All your income added together minus expenses. You must have a positive cash flow for the long term or else you would drain your entire savings pretty quickly.

Do you know your monthly expenses? I recommend to keep track of it and more importantly the core recurring expenses. That's because recurring expenses is used up automatically no matter what you do. Other expenses requires you to conciously spend and thus you can adjust these from day to day.

#cashflow #positivecashflow

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