|
|||
|
The activity: Begin your trek. This trek focuses on improving cash flow when cash flow and net worth are both negative. This trek has activities to: increase earnings and income The activity: Explore how to improve income and expenses. This portion of the trek has activities to improve income and expenses. Activities to Improve Income understanding how we can add value in what we do Continue reading Cash Flow: Improve Income and Expenses The activity: Explore how to reduce spending. The topics of “cash flow” and “living within one’s means” can’t be fully addressed without including the topic of “spending”. Cash flow is comprised of two components: earning and spending. Since we can control making Continue reading Cash Flow: Improve Income and Expenses: How to Reduce Spending The activity: Explore why we like to spend money. Spending money makes us happy. One reason we find happiness in shopping is that we are never really satisfied with what we currently have. There is a term called “hedonic treadmill” that refers Continue reading Cash Flow: Improve Income and Expenses: Spending Money Makes Us Happy The activity: Make and follow a spending plan. Use the Prosperity Concierge Spending Plan Worksheet to Create Your Spending Plan Putting your financial goals in writing can make them seem more concrete and achievable. However, it’s easy to allow everyday purchases Continue reading Cash Flow: Improve Income and Expenses: Create a Spending Plan The activity: Develop a budget and use it to track income, spending and saving. Use the Prosperity Concierge Monthly Budget Worksheet to Create Your Budget When you Continue reading Cash Flow: Improve Income and Expenses: A Budget to Earn, Spend and Save The activity: Reduce food costs. Your food expense, if you’re like most households, makes up a substantial portion of your total household spending. Prosperity Concierge’s resources to reduce your food expense. Here are some easy steps you can take to spend less Continue reading Cash Flow: Improve Income and Expenses: Reduce Food Costs The activity: Reduce dining and entertainment costs. Reducing your dining costs can be a very quick and effective way to reduce your overall expenses to improve your cash flow. It’s very easy for restaurant expenses to do some serious Continue reading Cash Flow: Improve Income and Expenses: Reduce Dining Costs The activity: Reduce auto insurance costs. Here are some tips to lower your insurance costs: Reduce Coverage Reduce coverage for an older vehicle. If the economic downturn has forced you to hold on to a car that’s running on borrowed time, Continue reading Cash Flow: Improve Income and Expenses: Reduce Auto Insurance Costs The activity: Reduce home energy costs. You can reduce energy costs at home without a lot of expense or effort. Here’s how to do a couple of things that can save you money, day after day. Always check with your energy Continue reading Cash Flow: Improve Income and Expenses: Reduce Home Energy Costs (Part I) The activity: Reduce routine purchase costs. Coupons and buying in bulk are easy ways to save money when buying routine purchases for products or services we buy on a routine basis. Coupons When you know what product you want for a routine purchase, look for coupons in Continue reading Cash Flow: Improve Income and Expenses: Reduce Routine Purchase Costs The activity: Increase tax exemptions to increase income stream. Increase Your Tax Exemptions to Improve Your Cash Flow If you’re getting large tax refunds every year you can give your cash flow an immediate boost by having more of your income Continue reading Cash Flow: Improve Income and Expenses: Increase Tax Exemptions The activity: Reduce your automobile purchase and maintenance costs. Here are tips to reduce your auto expense: 1. Drive Less Continue reading Cash Flow: Improve Income and Expenses: Reduce Automobile Costs (Part I) The activity: Reduce college education costs. College costs are rising, student debt is mounting, and most Americans say college fails to Continue reading Cash Flow: Improve Income and Expenses: Reduce College Education Costs The activity: Manage the income stream to improve your cash flow. Your Income Stream Your income stream has three sources: Income from your job; Income From Your Job This source of cash is covered Continue reading Cash Flow: Improve Income and Expenses: Manage the Income Stream The activity: Improve your income stream by finding a job that utilizes your skills and interests. If you’re unemployed, or looking for a career or employment change, you’ll want to implement a job search. How to get a job Continue reading Cash Flow: Improve Income and Expenses: Income From A Job The activity: Network to enhance your career. Connect with people inside and outside of your organization to enrich your life and provide you with new opportunities. Relationships at Work Relationships at work are important for career advancement. Having good relationships Continue reading Cash Flow: Improve Income and Expenses: Career Networking The activity: Reduce home energy costs. Home maintenance often is directed toward protecting or enhancing the beauty of your home. However, home maintenance can also save you money every day by taking a few steps to lower your Continue reading Cash Flow: Improve Income and Expenses: Reduce Home Energy Costs (Part II) The activity: Reduce your automobile purchase and maintenance costs. Consider lifestyle changes to save money on transportation costs. Owning a car is a significant expense for most families. So it makes sense to improve cash flow by looking for Continue reading Cash Flow: Improve Income and Expenses: Reduce Automobile Costs (Part II) |
|||
|
Copyright © 2012 Prosperity Concierge - All Rights Reserved
|
