Personal Cash Flow
OK, I am really confused... can someone explain to me how a person has "personal cash flow" issues?
I am just thinking about it and it seems like that you are either 1. Going INTO debt or 2. Not.
Unless a person has a change in income or expenses then cash flow should not be an issue after the first paycheck or two........
I'd like to hear about particular situations.
posted by Berry @ 12:35 AM
3 comments
links to this post
3 Comments:
If I'm not mistaken, I believe that "personal Cash Flow issues" is the PC term for going into debt. Think of it as calling an alcoholic a person with "personal restraint issues".
I am guilty of using the term personal cash flow issues. For me it is not going into debt further, but juggling payments more. Recently, I forgot about my student loans that were consolidated and hence the grace period is no more. The due date was before my next pay day so I had to dip into the small emergency fund I was trying to build. That for me is a cash flow issue because I would have preferred to pay it next pay day versus touching my little itty bitty fund.
Dear Tired of Being Broke:
Couple of things...one my little post there sounded brash adn two after I thought about it I should have deleted it.
Of course people have cash flow problems! I even understand it- from the sound of it you'd think I had to move the boxes of money out of the way before I go to bed...not really the case.
I have an answer to this and I'll put it in a blog entry... I really do believe cash flow issues can be fixed... it just takes some serious work and a whole lot of luck!
Post a Comment
Links to this post:
Create a Link
<< Home