Money Minded

Escape Plan 2.0 | How to Spend Guilt Free AND Fund Your Goals

10 snips
Jan 1, 2025
Discover the art of cash flow forecasting, a crucial skill for achieving your financial dreams. Hear how one family turned their travel aspirations into reality by mastering this technique. Learn about the effects of scarcity bias on your financial freedom and uncover the two common money relationship archetypes. Explore the ā€˜golden triangle’ of managing expenses, enjoying spending, and reaching long-term goals. Finally, delve into the importance of real-time data for smarter financial decisions, paving the way for your personal success.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Embrace Cash Flow Forecasting

Start using cash flow forecasting to visualize your financial future. This tool helps you predict possibilities and make informed decisions to achieve your goals.

ANECDOTE

Realization of Possibility

Mitch and Brooke realized they could travel Australia after mastering cash flow forecasting. They had previously assumed it was impossible due to fear, but faced their doubts and planned effectively.

ADVICE

Balance Your Financial Triangle

Aim for dynamic balance between paying bills, enjoying money, and making meaningful progress. Use forecasting to visualize and manage these competing financial demands.

Get the Snipd Podcast app to discover more snips from this episode
Get the app