After the 2008 global financial crisis, the financial markets have significantly risen, bringing the value of investments to new all-time highs. This boom in the financial markets (a market where people trade investment securities, commodities and other fungible items) has caught the attention of the investing public and are eager (at times, overly eager) to jump into the fray to make money in the market without understanding the risk.
In my opinion, sound investing is a must for everyone, but it should not be at the expense of your cash flow. What is cash flow then? Simply put, cash flow is the moving in and moving out of money. For most of us, the moving in of money comes from salary and the moving out of money comes in the form of bills and household expenses. But is earning a stable salary and paying bills on time considered “proper Cash Flow Management”? The answer is NO!
In my opinion, sound investing is a must for everyone, but it should not be at the expense of your cash flow. What is cash flow then? Simply put, cash flow is the moving in and moving out of money. For most of us, the moving in of money comes from salary and the moving out of money comes in the form of bills and household expenses. But is earning a stable salary and paying bills on time considered “proper Cash Flow Management”? The answer is NO!