How the Need for Status Can Affect Your Cash Flow

Key Takeaways We make decisions very quickly—often in three seconds or less. Quick decision making is good in emergency situations, but bad when the decision involves spending money. Status seeking can cause people to make very quick, unwise decisions about purchases. Use various techniques to help you stop and think before making emotional purchases.

Cash Flow Clarity

Key Takeaways Saving first and spending second is the habit that financially successful people of all ages have in common. At the end of the day, cash flow is the difference between what you have coming in and what you have going out. You want positive cash flow at all times in order to obtain […]

Structured Beauty

Key Takeaways If nothing else, young adults should understand their balance sheet, cash flow and taxes for a happy financial life. Remember to always save first, spend second. As you get older, your assets grow and so do your expenses. Never take your eye off the big picture (see the first two takeaways).