His friend was waiting for me and took me to her house while he was putting all furniture and belongings into storage. It took a year to get our things out and move to another house. I quickly learnt the value of using a budget to control my money to avoid living through this again.
In 2020 I noticed my oldest son being apprehensive about money as a senior in college. I realized he was not buying cloths neither traveling or going out with friends to save money. He was working but was not enjoying the product of his hard work.
Of course he wanted to live independently out of my home, ruling his life by himself but was not sure how to achieve that. How and when could he move out? Will he pay rent forever? Shall he start the path of getting in to debt to buy a car and more? How could he save for a down payment to buy a home? How much? Will he be able to enjoy and pay for his hobbies or travel? when?
I have worked on sales for many years so I am used to forecast future sales, commissions as well as cost of doing business and been able to predict every month how much is my cash flow . I created my own budgeting system that has evolved when life happened.
To me, having control over my money, feeling reassured that I have enough to cover my expenses and achieve my goals gives me peace of mind, improves my personal relationships and job performance. Not feeling financial stress is liberating!
I decided then to create an easy to use system that will allow you to assign a function to every dollar you earn to achieve your financial goals while feeling good about yourself when spending your money. Is done using a spreadsheet that summarizes the planned amounts vs actual income and expenses and shows the forecasted cash flow for every month and the complete year.
We invited his friends and some of my close friends to show the system and they were so thankful , specially feeling hopeful that now they are capable of creating a plan to follow each year to live in prosperity.
I hope that the lives that I touch with my advice will have improved possibilities of living without debt and worries.
Money does not buy happiness but knowing how to spend it with a purpose makes you feel in control and frees you to enjoy spending wisely.
Our approach is proven to work for over 20 years.
We teach you how to use a budget to forecast your cash flow to achieve prosperity. Learn to spend wisely according with your priorities, get out of debt, eliminate stress and arguments about money.
It's about being in control of your day-to-day finances and having the financial freedom to make choices that allow you to enjoy life.
Personal cash flow measures your cash inflows (money you earn) and your cash outflows (money you spend) to determine if you have a positive or negative net cash flow.