{"id":12385,"date":"2022-10-05T19:08:27","date_gmt":"2022-10-05T19:08:27","guid":{"rendered":"https:\/\/ekfinancial.ca\/?page_id=12385"},"modified":"2023-06-28T02:29:18","modified_gmt":"2023-06-28T02:29:18","slug":"cash-flow-planning","status":"publish","type":"page","link":"https:\/\/ekfinancial.ca\/cash-flow-planning\/","title":{"rendered":"Cash Flow Planning"},"content":{"rendered":"

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Cash Flow Planning For Happiness<\/h1>\n

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What is a Behavioral Cash Flow Plan?<\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n
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Behavioral Cash Flow Planning is a written document including specific advice on personal spending based on a standardized process that takes into account your income, expenses, proximity to retirement, your short term goals, assets and liabilities and recommend how much you can spend on the things you can control in order to achieve your dreams.<\/span><\/p>\n

It includes specific and clear advice on both spending and debt repayment. A Behavioural Cash Flow Plan is NOT a budget. It is a plan that helps manage your day-to-day cash flow. It is a plan that takes into account financial obligations, and provides guidance on future costs like purchasing your next vehicle, handling emergencies and planning for major expenses such as renovating with the exact amount you should focus on spending with expenses you can control.<\/span><\/p>\n

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