I think it's important to take a look at your cash flow pattern throughout a year, so that you can plan out a budget or simply have the cash ready for big payments in certain months. I know, nothing ever works according to plan, but knowing what will definitely happen and what can happen is the first step to navigating this world that is full of uncertainties.


Certain category in my monthly cash flow are fixed. I don't ever want to think about situations where I can skip such expenses. These include parent's allowance, home mortgage, utilities etc. There are others that are more optional in nature. Things like travelling or buying luxury items...not exactly needs but is good to have.  I've some insurance payments that are annual, so during certain months, my cash flow out will be very high. I just have to make sure that I have ......