Cash flow coaching
Financial success is often thought to be tied to the gross income of an individual or family. While this may sometimes hold true, the amount of wealth you or your family can generate is more likely to be driven by how well you manage your cash flow.
Who benefits from cash flow coaching?
The short answer is, anyone can benefit. The truth is, rather than wealth being correlated with income, it’s lifestyle that is more closely interrelated- that is to say, the more you generally earn, the more lavish a lifestyle you want to live. There are families who earn $90,000 combined per annum who are able to save more and have their money work harder for them than a family earning $350,000 combined per annum.
What are the benefits?
The benefits to better managing your money include, but are certainly not limited to the following:
- Reducing household debt
- Increasing your savings
- Increasing your spending money
- Creating more passive income
- Increasing your likelihood of achieving your financial goals