Is your current cashflow putting you in the red every month?  You’re not alone.  I recently read an article where one couple was going $700 every month in the hole.  Over the course of a year that’s $8,400.  And that’s just one story.  When your financial flow is not optimized or working for you, here’s what happens:

1. You go in the red digging yourself further in debt.
2. You limit your future financial opportunities.
3. You increase your stress levels, negatively impacting your health.

Now I’m not judging here because things happen, and we’ve all had a financial issue or two.  (To be honest I’ve had more than two in the past.)

The first step in improving your financial flow is to identify why your financial flow is strapped.  This is not always any easy step because we all like to think we’re doing fine but it’s important to take an honest look at the current financial situation.  Issues with cash flow are usually due to one or more of the following reasons:

1. No plan/budget for your finances. 
2. Haphazard money management, not being in control of your finances and letting them control you.
3. Taking no action when financial issues arise.
4. Overconsumption.

When you need to improve your cash flow you have to take IMMEDIATE ACTION.  Now these aren’t new ways but the key here is taking ACTION.  

1.  Increase Your Income
   • Adjust your W4
   • Pick up additional hours
   • Pick up a side hustle
   • Switch jobs or change careers
2. Decrease Your Expenses
   • Cut your expenses
   • Downsize- car, home, lifestyle
3. Adjust Your Budget
   • Work with creditors to change your due date 

Need help getting started?  Let’s chat. Money Strategy Session