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Dealing with stress
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OntarioCanuck
Posted 11/22/2024 10:44 (#10978225 - in reply to #10977921)
Subject: Cash flow


North of London
that is a good idea, indeed a must if a person wants to be on top of their financial situation.

I would suggest it is much easier and more useful to do it in a spreadsheet than on paper.
Paper would give me more stress

I will offer a spreadsheet for anyone who needs one
Setup to input actual beside projected to see if you are differing from projection
Also calculates interest on operating automatically to input that expense.

I often/usually prepared 3 cash flows
1) my best expected $$
2) a worst case with lower than expected price or yield
3) a best case just in case everything turns out better than expected

Then I had a list of what I would spend the $$ on IF # 3 happened

tell me if you want a copy of my spreadsheet
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