Keeping your cash flow positive is the smart way to manage your money. If your cash flow is negative, you may run into some money problems.
How do you figure out your cash flow?
First, add up all your money coming in. Include things like your allowance, birthday money and money from part-time jobs. Next, add up all the things you spend money on. Include expenses such as snacks, food, movies and video games. Subtract your Money Going Out from Money Coming In, and you’ll have your cash flow.
If your cash flow is a negative amount, you’ll need to:
A)Earn more money -or- B) Spend less money.
The choice is yours!
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