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The Importance of Tracking and Managing Cash Flow

December 20, 2015 By ESI 6 Comments

Hundred dollar bills moving in digital space

Now that we've covered the importance of measuring and tracking your net worth, let's move on to a financial measure that's almost as important. It's important because it's a major driver of net worth. It's called cash flow. What is Cash Flow? Cash flow is simply income minus expenses. It's what you make/earn less what you spend. Income less expenses. The difference … [Read more...]

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