Results 1 to 4 of 4

Thread: The Rule of Cashflow - Balancing your Budget

  1. #1
    Member
    Joined
    Mar 2012
    Posts
    11
    Thanks
    0
    Thanked 2 Times in 2 Posts
    My Mood
    Inspired

    Default The Rule of Cashflow - Balancing your Budget

    This is a simple how to for anyone wanting to be financially literate.

    The simplest, most basic thing anyone can learn (and indeed, any 5th grader SHOULD be taught this and know it for life, but sadly, this usually is not the case)

    Is Cashflow.

    Let me explain.

    Income - Expenses = cashflow.

    So your money, minus your bills (including taxes, costs of living, rent, etc) = Cashflow, (or, whats left!)


    So, if you make 10,000 a month, and you spend 9,900, your cashflow (amount you saved, and are able to invest) is 100. Not very impressive, even if you THOUGHT you were making a lot of money.

    It's all about the Cashflow.

    With a 'cashflow' of 2,000 or more, its possible to retire within as little as 2 years, as much as 5-10 (this is for an 'average to above average income, if you want more, it may take longer) but its fairly safe to say if you can put away 2grand a month for 3 years and invest it in rental properties, you'll never have to work again in your life.

    Hope this helps! For more detailed information, check out my other post -

    Dustin

  2. #2
    Veteran Member
    Joined
    Dec 2009
    Posts
    202
    Thanks
    284
    Thanked 257 Times in 101 Posts

    Default Re: The Rule of Cashflow - Balancing your Budget

    Let me guess, you attended one of those Cash Flow seminars advertised on late night informercials. Your're searching for new customers for your share in the pyramid scheme.

    Thanks for comming over to our little neck of the woods with your 'wealth' of knowledge to educate us little folk.

  3. #3
    Member NationwideStrippers's Avatar
    Joined
    Jun 2011
    Location
    Nationwide
    Posts
    60
    Thanks
    3
    Thanked 15 Times in 11 Posts
    My Mood
    Busy

    Default Re: The Rule of Cashflow - Balancing your Budget

    Thanks for the advice and little Cashflow Lesson 101

  4. #4
    Member
    Joined
    Mar 2012
    Posts
    11
    Thanks
    0
    Thanked 2 Times in 2 Posts
    My Mood
    Inspired

    Default Re: The Rule of Cashflow - Balancing your Budget

    Wow Pinkminx, just wow..

    I don't want you to do or join anything, and I am not trying to sell you anything - in fact, I think I prefer you just as you are

    Most people just haven't been taught how to balance a budget sheet, which is probably one of the most important things a person can learn in a lifetime. Financial literary is important.

Similar Threads

  1. The struggle with balancing life, camming and pomoting
    By HaydenBlue in forum Camming Connection
    Replies: 6
    Last Post: 07-23-2011, 07:04 PM
  2. balancing out a pear shaped body
    By Fawn in forum Body Business
    Replies: 5
    Last Post: 04-19-2007, 10:17 AM
  3. Balancing corporate job & Dancing...
    By Missy K in forum Newbie Board
    Replies: 15
    Last Post: 09-21-2005, 06:09 AM
  4. Balancing two jobs.........
    By TimidAngel in forum Stripping (was Stripping General)
    Replies: 10
    Last Post: 04-27-2004, 11:49 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •