Page 7 - Power 100 Summit Booklet.pptx
P. 7
Lever 2 - Drive Positive Monthly
Cash Flow
Action: Choose one liability to reduce for each of the next
three months, starting this month, and one appreciating
asset to increase for each of the next three months,
starting this month.
Be the CFO of You
Income is a stream of cash inflow. Just as a business must generate
positive cash flow to be successful, to build wealth, individuals must
ensure their cash inflows exceed their cash outflows.
Activity: Complete the table detailing your cash inflows and
cash outflows (i.e., your budget). Are you cash flow positive
on a monthly and annual basis?
Income (Enter monthly amount) Value
Wages, salary, commissions & bonuses
Other income
Total annual income (monthly x 12) (A)
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