"Think About How You Use Your Money In Buying The Things You'd Like That Buying The Things You Need?"
What is 'Cash Flow'? Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow.
This one really a big deal. I didn't know that much before since I only focus on being frugal person and save most of my money. I don't know anything that this simple things was so very important. I don't mind to ware old stuffs because I am employee who earns 500$ only a month.
This is how we live in the Philippines. I am a newbie studying about business wondering how big people do this. How are they able to manage their own ways. How do they taking care of their cash flow.
Searching in the internet was really amazing. It was very easy if you really know how to use Google search engine. As an SEO motivator, somehow I learn about this things in my previous years. Search Engine Optimization is one of the most important when it comes to online business. This are one of the services that I am providing here in Coinsmo. This is one of my first ever business that until now I cannot even forgot. I'm good when it comes to looking for something that needs when it comes to online rankings. I begun to understand that having the ability and skills to understand what are needs to improve was really blessing.
I may have no talent when it comes in writing but, most people do know how to do SEO so I really thank for that. Now come back to the topic, what is my current Cash Flow as an employee?
An employee always hope to survive every 10th and 25th of the month, but commonly every 15th and 30th every month. Paycheck, this is the most happiest day for each and every employees like me. Now, what I'm doing every paycheck? Simple and very basic. Counting total expenses needs for the next fifteen days to survive for the next paycheck then send money to my family.
What? Really? For Sure?
Expenses - things that I need to survive for the next 15 days, and
Send Money - the main savings that I have and need to send to support my family.
Yes! This means that no success as an employee no matter what. Sad part, working for 9 hours a day, 6 days a week. Including toxic co-workers.
Okay, how about a summary of my 25,000 Php ($500) Monthly Income.
- House Rent - 3,500 Php ($70) - monthly
- Food, Snacks & Drinks - 7,000 Php budgeted ($140) - monthly
- Personal Necessities - extra needs like deodorant, shampoo, toothpaste etc.. 1,500 Php ($30)
- Total Expense - 10,500 Php ($240)
- Remaining will be = 9,000 Php ($180)
Maintaining this way for the rest the whole year will do survive for the rest of my life. No, I had enough, I'm ending this soon. I cannot stay to this way in my entire life. The solution is to get our and start moving forward earning money. My goal for the next year 2019 is to change strategy. My son will started to school soon and my wife was already getting mad at me almost everyday because of our current situation.
Now, this is one of the most important thing to focus if you really wanted to be rich. Me, I don't want to be rich and simple life. I am dreaming big again and looking forward for the brighter future ahead.
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