There are 2 documents, that in my opinion, tells me whether a person or family is operating in a financially healthy manner. One of the document is their personal cash flow statement. The other document is their personal net worth statement. Today, I will focus on:

1. What is the Personal Cash Flow Statement
2. Why your Personal Cash Flow Statement is Important
3. How can you create your Personal Cash Flow Statement
4. Tools that can help you track your Cash Flow on the Fly and show your Cash Flow Status on Demand

What is Cash Flow and how is it different from Cash

You may in the past think that when someone talks about cash flow and cash they are the same thing. There is a difference. Cash is an asset. It is liquid money that belongs to you, that you intentionally keep it in your bank savings account under your possession, ......