Wealth is Good
Cash Flow Is Better

In This Issue:

CASHFLOWNAVIGATOR BLOG: Free Up Cash Flow by Rotating the Use of Your Credit Cards

CASHFLOWNAVIGATOR BLOG: Want to Cut College Costs?  Start by Looking at the Biggest Slices

GUEST BLOG: Suze Orman’s Top Four Money Mistakes You Can’t Afford to Make

CASHFLOWNAVIGATOR BLOG: Free Up Cash Flow by Rotating the Use of Your Credit Cards

Give Yourself up to 1 ½ Months of Interest-free “Float”

I once took an accounting course taught by the owner of a retail toy store.  From what I recall his demeanor wouldn’t have endeared him to many children (or to many students for that matter), but he did impart some pearls of financial wisdom that I still remember and try to apply when managing my own finances.  One was, “A dollar in your pocket today is worth more than a dollar a year from now.” This was his favorite one, and for good reason.  You see, a toy store lives or dies based on how effectively its cash flow is managed, because over 50% of annual sales often occur during a 1-month holiday shopping season.  So it has to survive the other 11 months on a cash flow diet.

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SPOTLIGHT ON: Your Financial Dashboard

Now when you log in to Cashflownavigator you’ll see a dashboard showing your net worth and cash flow totals, and how much ahead or behind you are on your current 80/20 Goaltracker savings goal.

Also, if you haven’t yet completed filling in your 80/20 Worksheet, the Worksheet Status Bar shows you how much progress you’ve made so far.

Want to fill in some more of your Worksheet?  Just click the “Create or Update 80/20 Worksheet” button at the top of the page.  Or if it’s time to update your Goaltracker savings amount, select the “Create or Update Goaltracker Goal” button.

We hope you find this enhancement helpful.  As always, we welcome your feedback and ideas to help us improve Cashflownavigator resources.  Post your comments on the site or our Facebook page, or email us at feedback@cashflownavigator.com.

CASHFLOWNAVIGATOR BLOG: Want to Cut College Costs? Start by Looking at the Biggest Slices

It now costs an average of $21,447 a year to attend an in-state public college, and over $42,000 a year for a private college.  To make matters worse, these costs are rising rapidly.  During the past decade they rose 5.6% per year faster than inflation. (1)  That’s a nasty combination, particularly if you’re the one paying the bill.

If you’re a student paying your own way this extra cost could jeopardize your ability to get ahead of debt at an early age.   If you’re a parent paying for your children’s education the additional obligation might set you back on your path to financial freedom, perhaps by years.

This expense is too big to accept without looking for ways to reduce it. Here are a few ideas to consider.

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GUEST BLOG: Suze Orman’s Top Four Money Mistakes You Can’t Afford to Make

In a recent episode of America’s Money Class with Suze Orman she reveals four financial mistakes that could haunt you forever.  She explains what not to do when it comes to mortgages, student loans, debit cards and short-term investing.  Here’s a closer look.

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