Cash Flow Planning For Individuals & Families

Cash flow planning refers to the process of identifying future income, future expenses, and major expenditures you are planning so that they are coordinated with investment planning. Without a viable cash flow plan, it’s easy to lose track of capital flows over time, which can lead to investment mistakes.

Cash flow planning can help:

• Identify what you should ideally be saving on a systematic basis
• Clarify the long-term effects of deposits and withdrawals from your portfolio
• Provide a clearer view of future income and lifestyle needs and circumstances

Although cash flow planning sounds simple, very few people actually take the time to project their future income, their planned purchases, and their expenses. Proper cash flow planning provides increased confidence and a greater understanding of how cash flow can impact your financial future.