Many Australians arrange their finance to facilitate paying for living expenses and repaying loans – essential as that is – rather than creating ‘free cash flow’ (actual cash that can be utilised). We should deliberately organise our accounts to create free cash flow, and then allocate this free money to savings, a investments or loans as appropriate. In recent times, with new products and technology, it has become easier to structure a system to achieve this result.
Good management is better than good income. Small improvements can have big effects. The good news is that at Integralife adviser can help bring the structures, disciplines and targets to those wanting cash flow management that will lead them to financial independence.