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