An income not well managed puts you in a bad financial situation that is hard to come out of. Young adults start their lives accumulating debt like their parents, if you do not use a budget your opportunity for owning a home and having a good life is at risk.
We teach you to forecast your personal cash flow using a simple budget and a plan to implement to get out of debt; the result is less stress, financial freedom to make choices that allow you to enjoy life, better relationships, increase concentration and productivity at work and realistically be able to have a comfortable life in prosperity. Our approach is proven to work for over 20 years.
We aspire to improve our society empowering people to take control of their money, living happier in prosperity.
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.
I was surprised to find his friend waiting for me in front of our house. My father had lost the house for lack of payment, we were evicted! He rented a room for me to live in close to my college for a couple of years. When he recovered financially bought another house and we moved in. Some of the cloths and shoes that came out of our storage did not fit me anymore. I promised myself to learn to manage my personal finances so I would not have to live through that again, much less expose my family to that stressful situation.
I created a system to control where I wanted to spend my money ensuring that every month and at the end of the year, my bank balance be a positive number. That has allowed me to successfully provide for my 2 sons that are young adults now. Once they turned 18 I assigned a monthly amount they could use to cover their basic expenses (books, restaurants, clothes, personal care, entertainment, gasoline and car service). We discussed the basic 3 strategies to spend with a purpose and showed them how to use a budget to forecast their cashflow on my spreadsheet. Of course for a couple of months I was updating the budget with them every 3-4 days, now they do it alone.
Sadly their dad passed away in 2019, has been a little hard to recover emotionally but they are fine now. Both have separated their savings for emergencies and to achieve their dreams. I am very proud to see that with a little time investment constantly they can control their money while allocating enough for the things they like. My 22 year old works and is covering all his expenses independently.
I would not like them or any person to live through the critical situation of being short on paying the rent, or not having enough to cover the mortgage payments or not being able to enjoy a trip once in a while or save to buy a home. So I optimized my budget spreadsheet, created an online training and this website to help people to live without debt and worries.
I have worked on sales for over 20 years so I am used to forecast future sales, commissions as well as the cost of doing business. Thanks to my budgeting tool I am able to predict every month how much is my cash flow and achieve my yearly financial goals .
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.