What is cash flow? In literature terms, it seems like flow of some amount of cash. Didn’t it sound weird? In finance, it means the amount of cash or cash equivalent being transferred in and out of a business. But what does it means in a personal life? Have you heard the term cash flow? When did this term get introduced to you? I guess most of the people come across this term when they start their professional carriers and get a job profile to deal with the financial aspects of business of their companies. People from commerce background may have some chances that they might get introduced to this term during their academic education period. Unfortunately, some of the people never get introduced to this term for entire their life. I am asking all these questions because I believe cash flow is the basic key of financial understanding. Understanding the importance of the concept of cash flow, I have termed, cash flow is the king of financial intelligence. In this article I am not going to discuss about cash flow of a business but about cash flow of a personal life.
Category Archives: Financial planning
How to get out of household debt? 10 easy ways to pay off household debt
Household debts are debts which are carried by the people and not by business or governments. Household debt is measured by combing the debt of each person in a family. It includes debt like house mortgages, home equity loans, car loans, student loans, credit cards, personal loans, etc. People are frequently using credit cards for their daily shopping, students are taking loans for their higher studies, professional are using home loans, personal loan, etc. to meet their need of luxuries. Carrying household debt has become a kind of worldwide culture and it is growing significantly worldwide especially in developed countries. To get out of household debt is not an easy task. In this article I am going to reveal 10 easy ways to pays off household debt.
Planning for the wedding? 9 smart ways to plan your finance before marriage
Marriage brings happiness and liabilities simultaneously. Premarital financial planning is necessary for happy married life.
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