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Sort out your budget & cashflow with financial adviser James O'Reilly

Australian Finance Podcast

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The Importance of Knowing What's Left Every Month

The first metric, if you had only one, it'd be what's left every month. If you're lucky enough to have $3,000 or $4,000 a month left over by the time that you receive your income and then all of your expenses go out or higher, then how's off to you? I think there's even more value for a budget in this scenario because if you're able to identify what your expenses are, then you can reverse engineer to know specifically what you need income-wise in order to be on track. And at the end of the day, above and beyond, the good outcomes hopefully that we all get as business owners from our businesses, the

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