positive cash flow

I believe that cash flow is one of the most powerful concepts in personal finance. People tends to know how they feel about their personal finance — e.g., whether they are comfortable or are struggling. Unfortunately, not too many people truly understand cash flow and how important it is to your finances. When you understand [...]

The following is a list of top online banks that offers high yield savings account, high interest savings account, or high yield money market account. All of these accounts are FDIC insured up to $250,000. Your principal is protected and you’re guarantee a positive nominal return on investment. For March 2010, the average interest rate [...]

The other day I was helping a friend prepare for a personal finance presentation to a group. I suggested that she break up her presentation with a group activity so that the session is more interactive. I don’t know if she will use my suggestion or not. However, I want to share the idea with [...]

The key to getting out of debt for good is to have a positive cash flow and stop digging yourself deeper into debt. If you follow my previous step to earn more and spend less, you should have, or are on your way toward a positive cash flow at this point. The third step in [...]

The second step in Moolanomy’s Financial Success Plan is one of the early steps to help you build a strong financial foundation. This step is meant to improve your cash flow, as such, its key components include starting a budget, reducing your expenses, and making more money. Improving your cash flow is simple. All you [...]

There’s a quote by Gene Brown that says “One good thing about being young is that you are not experienced enough to know you cannot possibly do the things you are doing.” As I enjoy my second month of being retired from my job, I reflect back on the things that my husband and I [...]

Last night I came across a site that talks about the power of referral; specifically word of mouth. For example, you like Moolanomy so you recommend it to three of your friends, then they turn around and do the same to three other friends. Awareness about this blog could spread to over a million people [...]

Last night, I was pondering the subject of cash flow (essentially how money flow through our hands) and about financial well being. I played around with various visualizations that consist of income, expenses, debt, and assets. What I came up with was the 5 stages of financial health below.
I believe that all of us go [...]

Investing in real estate, specifically small rental properties where I’d buy single-family or multi-family houses for the purpose of renting them out has been one of the things I wanted to do. However, the three musketeers of fear, doubt, and uncertainty discouraged me from taking any action toward residential real estate investing. So far, the [...]