Page 41 - Book1E
P. 41
CHAPTER 6
Poor Cash Flow
Lack of cash flow can be debilitating. Have you experienced any of the following?
• You have nothing in savings.
• You’re living paycheck to paycheck.
• You’d lose your car or even your home without your second job.
• You write checks ahead of payday and hope they don’t reach your bank before your paycheck is deposited, or you wait until the last minute to make payments to your creditors.
• Your rent and utility bills get paid after they’re due.
• You borrow from friends and relatives frequently and rarely pay them back.
• You can barely make the minimum payments on your credit cards.
• You take risks with health and car insurance coverage.
• You’ve had to borrow from a check-advance company.
• Your boss has been nice enough to give you an advance.
• You worry constantly about your finances.
Examine your paycheck and see how much you really have avail- able to pay your bills and living expenses. First of all, there are five
33