I thought it would be good to kick off my blog series with an important section from my book, Following Your Money, on personal flow of funds. This fundamental personal finance concept was the inspiration for naming my website. Clearly in order to follow your money you must understand the concept of cash inflows and outflows, and most importantly how decisions regarding those flows will impact your ability to fund life events and goals.
Continue reading “How do I follow my money? By tracking funds flow”