Why isn’t there enough money in the bank account at the end of the month? In today’s age of debit and credit cards, it’s easy to access money to pay for things. When cash was it, there were either dollars in your wallet or not!

This means that it is doubly important to have a handle on your cash flow because it’s a problem if the money isn’t available at the end of the month to pay rent or the mortgage. Credit is a short term solution which can grow into a huge problem if it’s not handled responsibly.

The posts over the next week will address the following points:

• Minimum cash required to cover necessities – know what it is
• Fluctuating income – self employed
• Contingency fund
• Credit and debt management – when you need to use it, how to handle