how can you apply cash flow analysis to better control your personal finances?
920581
Certainly if you have sufficient money I don't see why not..☺
41377
You will need less money if you spend what you have more efficently, at least temporarily.  Make a list of all your routine purchases.  Where can you tighten your belt?  Eat canned beans instead of fast foods?  Quit smoking?  Adjust your thermostat down several degrees and wear sweaters?  Car pool?  Buy shoes and clothes at the City Mission or Salvation Army stores?  Pay off credit with the highest interest rates fastest (others at minimum payment) and avoid fresh credit loans?  Make your own repairs?  Buy food in economical quantities and reduce any waste?  Reorganize debt to a lower single payment at a better interest rate?  While that is in progress, check out low paying part time work (even returning shopping carts?) that you can do when available perhaps on weekends.  Using the money to pay down debt will reduce interest payments and will be worth even more than the cash received.  Continue to look for other opportunities (even dishwasher?) and work hard at anything you do just to gain that reputation.  Remember that the boss is always right because he (she) can give you a good recommendation for a better position.  Don't argue and do give notice before moving on.  No one will ever fault you for moving up.  There is always work available for those who pull their own weight.  Best of luck.
215201
Pay yourself first!  Start by sitting down and budgeting out your essentials, with costs as accurate as possible.  Then take a look at the money you have left over, and designate how much you can afford to save.  Tell your bank to set up an automatic debit to your savings account for each time you get paid.  When you do this, you pay yourself first, and you know that your bills are paid, you have savings, and the rest is yours to spend as you wish!  When you can't have access to the money, you can't spend it, and it works great for me.  Good luck!
163664
Personal finance is the application of the principles of financial economics to an individual's (or a family's) financial decisions. It asks, "How much money will you need at various points in the future?" and "How do you go about getting that money?". It deals with questions like: * What is my annual income?* How can I increase my income?* What are my annual expenses?* How can I reduce my expenses?* How do I best budget my available income each year?* How much money can I save each year?
1117757
Yep, I've thought about it.\n\nFirst, form a trust and pick a solid company to administer it.  That prize is paid out over 30 years (usually, or something close) and I don't want to lose over half of it in order to get the cash lump sum, yet I might not live long enough to see it all come in.  The trust then keeps it going for my family after I croak.\n\nSecond, a big chunk is going to taxes first and before I see a dime they will want to withhold at least a third.  Current taxes, state and federal would be really close to 40 percent (a rate that undoubtedly will go up in the future, but hopefully not as much as to cost the loss of the over 50 percent discount of the lump sum payment).  So instead of 30 percent withheld, I would have the full 40 percent withheld.  I would rather have government owe me than owe government.  Also, current rates are something like 35 percent for federal and 4 percent (actually 6, but the federal tax is deductible) state, which is 39 percent, so tack on the 1 percent that the trust company expects and make the numbers easier.\n\nThird, I would want to make some charitable donations, so set aside a quarter for a trust fund or foundation to distribute that.  As a Christian, I like to pay my tithe, an old word for a tenth, so that still leaves some 15 percent for things like schools and scholarships and helping poor families out with their health bills, medicines, and such.\n\nFourth, I would want to make some investments to keep the money working.  With today's uncertainty, I might shop for a bunch of banks to make jumbo certificate of deposit (CDs) accounts and get the better interest rates.  When the bank needs to give the money back, especially if I go to federally-insured small banks, they will probably notice that I have a few bucks and want to let me in on local opportunities like some good housing developer that needs some partnership money (he will incorporate first and give me shares or it ain't gonna happen with me).  When I identify an opportunity that will make me money better than the CDs, cash them in when they mature and invest elsewhere.  I've got a couple of practice stock portfolios, one making 19 percent and the other 6 percent increases, so those strategies might work for some of this.\n\nFinally, with the ten percent that remains, divy it up over the time as income.  With that I pay off my bills, go on to get my doctorate.  My wife can get her master's or more too.  My son will probably want to open an upscale coffee shop which will then be no problem.  I can travel abroad periodically, as well as about this country, because there are lots of beautiful places and fascinating things I haven't had a chance to actually experience yet.  Besides, there might be some fun opportunity to invest in and while I'm holding the checkbook folks tend to be nice who otherwise probably wouldn't give more than the time of day.\n\n50 million over 30 years is 1.6 million a year.  That's 1 million after taxes at the current rate.  That's a little over $400k for contributions and another for investments.  An annual $166k for disposable income is more than enough for what I want to do.  Besides, as contributions are often tax-deductible, I expect to get a chunk of that tax withholding back in tax refunds.  Thanks for the dream.
125752
Consult a financial planner in your area. They will help you determine the appropriate mix of assets through a process known as a Risk Tolerance Analysis. Ask your friends and family who they use. You can also check out the Planner Search feature on the Financial Planning Association's website, www.fpanet.org.
163636
I suggest you to learn how to use the software Intuit Quiken or Microsoft Money
363439
If you're a home owner, the best way to get your hands on money is to cash out some equity in your home.  It's your money (from one perspective) and the rates will be about the lowest available on a loan.\n\nI caution you though, borrowing more to pay off your debts isn't the solution; replacing the financial habits that got you into debt with more healthy financial habits IS the solution.\n\nIn general, people in debt live on 'if-come'; they spend more than they make.  To fix the problem, you have to begin living on less than what you make, creating a surplus of discretionary income each month that you can use to pay back the money that belonged to someone else (banks in most cases) that you already spent.  In the meantime, they continue to collect interest on the money that you spent that wasn't yours.  It's a nice business considering how many people today don't see it for what it is.  Watch TV for half an hour, there will be plenty of companies just itching to make you a consolidation loan.\n\nIf home equity isn't available to you, shop for a consolidation loan with the lowest APR available and make yourself a promise to cut back on your expenses and pay the money back.  Get tough with yourself and decide what you NEED to live, and get rid of the things that made life more fun; they cost money that you can use to get out of debt.\n\nIn short, whatever your income is, it is.  Learn to live on it or find a way to make more of it.  Continuing to spend money that isn't yours is just going to keep you in debt, if not dig the hole deeper.
1107041
I suggest using the Personal Budget System offered by the Financial Freedom Society. http://your.ffsi.com/59173\n\nPoor financial health is the plague of the 21st century. Why? Because NOT ONE of us were ever taught in school how to effectively manage our money, or our time! This has caused snowballing debt, bankruptcies, business failures, divorces in record numbers and it has destroyed the retirement dreams of millions.\n\nThe Cure:\n\nThe Financial Freedom Society.\n\nThe Society's mission is to help eliminate those social diseases by providing affordable training, monthly coaching, and professional services and tools to the masses. \n\nFind out more and get the FREE report \ncalled "The Financial Freedom Formula" \nat: http://your.ffsi.com/59173 \n\nDarren J. Smalley\nIndependant Membership Consultant\nThe Financial Freedom Society\nhttp://your.ffsi.com/59173 \n"A Financial Health Club"
749494
Spend $100 on something you want/need.\nSpend another $100 on something stupid (go crazy with this one...once in a lifetime thing)\n\nSave the rest.  Put it up somewhere like you didn't even have it until some time comes along when you really really need money.
205899
Many approaches:\n\n1) Discount cash flow method. Work out all the projected free cash flows of the company and then do a dcf on it. The key is not in doing up the model - the key is in your assumptions (as in all models);\n\n2) Multiples - look for a listed company in a similar industry and use a EBITDA multiple to find out an approx value. Check yahoo finance - it is rather good for info finding;\n\n3) Asset valuation method - not as accurate as the above but add up all the assets of the company. Note that the sum may be worth more than each piece if all is functioning together well;\n\n4) replacement value - check out the market values of all the assets and value that. \n\n5) Net Asset Value - Assets minus liabilities for a really general ballpark figure. \n\nI generally use 1 & 2. 3-5 are just very general guides.
350891
Use Bank Of America  Keep The Change Program.\n\nThis is how it works:\n\nIf you have a debit card or a check card, use it as many times you can during the day.\nYour debit card is used when you buy something, let's say a Coffee in Starbucks it costs $3.07 if you pay with your debit card from your account it reduces $4.00 to nearest thent. And the $0.93 cents that you have left goes for another account of yourse.\n\nIf you use it daily you can earn like $500 thru $1200 a year.\nSo that's a way to invest money while you're spending it.
500636
Find out the movement of two different periods of a Balance Sheet. This can be categorised into Long term and Short term deployment of funds.called Fund Flow Statement
378656
profitability, financial condition and cashflow
303243
Look at your past expenses.  Ideally you have records from the past few months.  You will probably have some money you spent that you can not account for.\n\nFigure out what expenses are required and what are discretionary.  If you are spending too much try to limit your discretionary spending.  You may also have to determine what of your required expenses are actually necessary.\n\nA budget is like a diet, you need to build some fun in or it will not work.  You have to give yourself some money to spend beyond the minimum.  While having a limit may seem like a pain at first, it can also make you be creative with how can I enjoy this $20 I can spend on fun to have the most fun.
460428
Are you talking about personal or at work?\n\nI use a spread sheet for my personal budget. I keep it up on a regular basis and reconcile any problems on a monthly basis.\n\nA key point is that I "charge" any credit card purchases as soon as the purchase is made. Just like I had written a check.
941555
Seriously, where to put your money depends very much first on how much money you have in the first place and then what kind of investment objective you have.\n\nIf you have a very large fund and your objective is stability and protection without regards to short term cashflow issues, you may want to keep your money in government bonds and Floating Rate Bonds. A good mix of these will allow you to hedge against interest rate risk involved in government bonds and give you the stability of bonds.\n\nIf you have a very large fund and your objective is stability and protection but you also need monthly or daily cashflow for your livelihood, then perhaps it is better to keep your money in high end real estate in mature areas, earning a relatively lower annual growth but with more stability. That being done, you should rent the place out in order to generate your monthly cashflows.\n\nIf you have a small fund and your objective is stability and protection with no monthly cashflow need, then you simply have to compare which bank gives you the best return on their fixed deposit an park it there.\n\nIf you have a small fund and your objective is stability and protection with cashflow need, then you probably might want to consider to buy a small rental unit for rental income or learn to do covered calls on the local index.\n\nInterest rates fluctuate all the time. The interest that you see displayed on the board today can change by next month. So, comparing interest rates on saving accounts is by no means certain what you will get in the long term.\n\nThere are a lot of avenues and ways to keep and grow money and if you are looking only at banks and saving accounts, then perhaps it is time you start to do more reading and research on the area of finance. It is a wild wild finance world out there and there is no end to the new products and investment avenues that are being created daily. Depending on your personal financial situation and your personal investment objective, you need to be able to figure out what works for you and if you are unable to do that, prehaps it is time to engage a personal investment or finance adviser. \n\nJust remember one thing, there is no such thing as "The One Perfect Way To Keep And Grow Money". Everything comes with a catch. Higher returns will come with a longer tie down period putting that money out of use for the short term and is frequently, but not always, more risky. Lower returns are frequently more stable and safer but does it mean your personal retirement needs by the time you need that money?\n\nMoney is a complex issue for the uninitiated but a pressing one. And that is exactly why it is so hard to make the right decision. Making the right decision takes the right knowledge and the right knowledge these days only comes with more reading and research. \n\nOne fact remains true despite all these talk, and that is, there is no safer way to grow money, keep it safe and fight inflation than taking personal charge of your own money instead of leaving it in the hands of any external agencies. Start learning today....\n\n\nHope these helps.\n\nP.S There may be people who hates paypal for some reason but that does not mean that it is a hell full of devils. I have worked with Paypal and grown my business with Paypal for the past 3 years and have found them to be extremely reliable.\n\n\n\n\nhttp://www.mastersoequity.com \n\n\n\n\n\n.