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Cash Flow Management

Cash Flow Management

| April 09, 2020
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In an ongoing effort to provide Solid Advice for Life. Click Hereto watch a video about cash flow management. During this economic time cash flow can be a critical part of your financial plan. Here are several tips to help you optimize your cash flow. 

  • Review your budget
    • Look at reducing discretionary spending
  • Strategically use your cash resources
    • Avoid penalties and evaluate interest rates when withdrawing from cash sources
  • Prioritize obligations
    • Talk to a lender or landlord and see if you can change a payment date or avoid penalties

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