And this week’s topic is....... Budgeting! Well we prefer the term "Cash Flow Management" instead of that dirty word beginning with B... Are you living pay to pay and stressing about upcoming bills? Do you frequently ask yourself where did my money go? The key is to understand your cash flow (what comes in versus what goes out) having a clear budget and tracking your spending helps you understand what cash will be required and available to cover your expenses. Once cash flow is under control increasing savings or paying down debt becomes so much easier and less stressful. Limetree has gained access to Xero accounting software and through this we can create budgets and track spending. watch this YouTube clip as it will give you an idea on how it works, the clip was made for business in mind but it works the same. Any questions give either Hamish or Brad a call and they can advise you how Xero can work for you. Have a great week..
Posted on: Mon, 30 Sep 2013 07:11:29 +0000
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