Hello Friend,
Finding yourself in a financial mess can literally ruin your life. All your hard-earned money can disappear in a flash if you don’t carefully manage your money. If you find yourself in this situation, there are two methods we can recommend for getting out of a financial mess.
Defensive Strategies
Cut down on what you are already spending. You can’t start a business being in a financial mess. Cash Flow is more important than revenue. And you need to have lots of cash flow coming in if you are going to succeed.
Most important of all, don’t buy anything that constitutes a liability. A liability is anything that takes money out of your pocket no matter what they are worth in the future.
Think in terms of cash flow. What can I invest in today that will give me funds tomorrow? |