{"id":14976,"date":"2020-05-05T17:57:08","date_gmt":"2020-05-05T07:57:08","guid":{"rendered":"https:\/\/www.prosolution.com.au\/?p=14976"},"modified":"2023-06-28T13:04:58","modified_gmt":"2023-06-28T03:04:58","slug":"cash-flow-management-practices","status":"publish","type":"post","link":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/","title":{"rendered":"Mastering cash flow management during the pandemic"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"250\" data-attachment-id=\"14978\" data-permalink=\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/painless-cash-flow-management-email\/\" data-orig-file=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png?fit=1000%2C250&amp;ssl=1\" data-orig-size=\"1000,250\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Painless-Cash-Flow-Management-Email\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png?fit=300%2C75&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png?fit=1000%2C250&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png?resize=1000%2C250&#038;ssl=1\" alt=\"cash flow management practices\" class=\"wp-image-14978\" srcset=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png?w=1000&amp;ssl=1 1000w, https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png?resize=300%2C75&amp;ssl=1 300w, https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png?resize=768%2C192&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<p>Due to the impact of coronavirus, many people are having\nto navigate unexpected changes in income and expenses for the first time in\ntheir life. This is something I have been talking about over the past few weeks\nwith clients, during presentations and podcast interviews. <\/p>\n\n\n\n<p>Cash flow management is the cornerstone of successful wealth\naccumulation. It doesn\u2019t matter how much you earn, if you don\u2019t manage cash\nflow effectively, it\u2019s unlikely that you will be successful with building\nwealth. I have seen clients with 7-figure incomes that have little wealth to\nshow for it. Conversely, other people with relatively modest incomes but very good\ncash flow management practices, have successfully accumulated a lot of wealth. <\/p>\n\n\n\n<iframe loading=\"lazy\" src=\"https:\/\/webplayer.whooshkaa.com\/episode\/646505?theme=light&#038;enable-volume=true\" height=\"190\" width=\"100%\" scrolling=\"no\" frameborder=\"0\" allow=\"autoplay\"><\/iframe>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-managing-cash-flow-does-not-have-to-be-painful\">Managing cash flow does not have to be painful <\/h3>\n\n\n\n<p>The topic of cash flow management feels painful to many people.\nIt tends to create connotations of curtailing expenditure on all the fun things\nin life. However, in the main, that is not the case. <\/p>\n\n\n\n<p>The main aim of best-practice cash flow management is to\neliminate unconscious expenditure. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-conscious-versus-unconscious-expenditure\">Conscious versus unconscious expenditure <\/h3>\n\n\n\n<p>Most people do not consciously make bad financial decisions.\nTherefore, the insidious consequence of not tracking cash flow means that money\n\u2018disappears\u2019 on items that add very little enjoyment to your life. As such, eliminating\nthis unconscious expenditure not only saves you money, but is likely to have\nvery little impact on your standard of living. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-you-cannot-manage-what-you-do-not-measure\">You cannot manage what you do not measure<\/h3>\n\n\n\n<p>The best way to eliminate unconscious expenditure is to measure\nhow much you spend in total on all discretionary items. You do not need to\ntrack every single expense, just a monthly or fortnightly total. <\/p>\n\n\n\n<p>I typically like to allocate expenses into seven\ncategories. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-non-discretionary-expenses\">Non-discretionary expenses <\/h3>\n\n\n\n<p><strong>1. financial commitments<\/strong>, such as rent, mortgages, car leases and child support.<\/p>\n\n\n\n<p><strong>2. utilities<\/strong>, including costs for gas, electricity, rates, phone, water, internet and contents insurance.<\/p>\n\n\n\n<p><strong>3. health and education<\/strong>, such as school fees, health insurance, medical expenses and child care.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-discretionary-expenses\">Discretionary expenses <\/h3>\n\n\n\n<p><strong>4. shopping and transport<\/strong>, like food, clothing, beauty, petrol, car maintenance and public transport expenses.<\/p>\n\n\n\n<p><strong>5. entertainment<\/strong>, including spending on annual holidays, gifts, eating out, movies and coffees.<\/p>\n\n\n\n<p><strong>6. cash<\/strong>, which is all withdrawals from ATMs \u2013 if this figure is high, stop using cash and start using EFTPOS or credit cards more often, as this makes tracking your spending much easier. Remember, you can\u2019t manage what you can\u2019t measure.<\/p>\n\n\n\n<p><strong>7. other<\/strong>, which is anything that doesn\u2019t fit in the preceding categories.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-use-two-separate-bank-accounts\">Use two separate bank accounts<\/h3>\n\n\n\n<p>Your salary income should be directed into one account,\ntypically the (offset) account that is linked to your home loan. We will call\nthis a \u2018savings\u2019 account. Pay all non-discretionary expenses from this account\n(categories 1 to 3 above). <\/p>\n\n\n\n<p>Then transfer a set amount each week, fortnight or month into the \u2018spending\u2019 account and pay all expenses in categories 4 to 7 (above) from the \u2018spending\u2019 account. This is depicted in the diagram below (taken from my new book, <em><a href=\"https:\/\/wealthcoach.com.au\/stage\/rules-of-the-lending-game\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Rule of the Lending Game<\/a><\/em>). <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"659\" data-attachment-id=\"14975\" data-permalink=\"https:\/\/wealthcoach.com.au\/stage\/screen-shot-2020-05-05-at-3-26-03-pm\/\" data-orig-file=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-05-at-3.26.03-pm.png?fit=1396%2C898&amp;ssl=1\" data-orig-size=\"1396,898\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Screen Shot 2020-05-05 at 3.26.03 pm\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-05-at-3.26.03-pm.png?fit=300%2C193&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-05-at-3.26.03-pm.png?fit=1024%2C659&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-05-at-3.26.03-pm.png?resize=1024%2C659&#038;ssl=1\" alt=\"cash flow management practices\" class=\"wp-image-14975\" srcset=\"https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-05-at-3.26.03-pm.png?resize=1024%2C659&amp;ssl=1 1024w, https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-05-at-3.26.03-pm.png?resize=300%2C193&amp;ssl=1 300w, https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-05-at-3.26.03-pm.png?resize=768%2C494&amp;ssl=1 768w, https:\/\/i0.wp.com\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Screen-Shot-2020-05-05-at-3.26.03-pm.png?w=1396&amp;ssl=1 1396w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-mere-existence-will-save-you-money\">The mere existence will save you money <\/h3>\n\n\n\n<p>In our experience, merely setting up this banking structure\nwill almost certainly result in a fall in expenditure, probably without any\nnegative lifestyle consequences. But most importantly, it will allow you to\ntrack your cash flow at a high level so that you can \u2018course correct\u2019 if it\ngets out of control. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-use-the-lockdown-to-reset-spending-habits\">Use the lockdown to reset spending habits <\/h3>\n\n\n\n<p>Unconscious behaviour tends to be habitual. Breaking the\nhabit, tends to break the unconscious activity. An unexpected positive from the\npandemic shutdown might help achieve this for some. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-if-you-run-out-of-money\">What if you run out of money?<\/h3>\n\n\n\n<p>If you run out of money (spending account balance hits\nzero) part way through the period, then you know you have been overspending. In\nthis case, you need to have a closer look at your spending habits. This\ninvolves allocates each expense into category 4, 5, 6 or 7. &nbsp;<\/p>\n\n\n\n<p>If your overspending is conscious i.e. you are spending\ntoo much on deliberate items, try to reduce either the amount per transaction\nor regularity. For example, if you enjoy eating out, keep doing so but go to cheaper\nvenues. Or if you like fine dining, eat out once per month, instead of once per\nweek. <\/p>\n\n\n\n<p>The temptation is to try and eliminate these types of expenditure\nin totality e.g. \u201cwe\u2019re not going to eat out for 6 months\u201d. But that approach is\nrarely sustainable. Remember, the aim is to adopt good cash flow management practices\npermanently, not just for a few months. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tech-you-can-use\">Tech you can use <\/h3>\n\n\n\n<p>There are a number of apps you can use to track your expenditure at a more granular level. The most popular is <a href=\"https:\/\/www.wemoney.com.au\/\" target=\"_blank\" rel=\"noreferrer noopener\">WeMoney<\/a>. It allows you to link your bank account so that it downloads your transactions from your bank and automatically allocates it to predetermined categories. You can set a budget for each category and automatically track your compliance. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-second-biggest-advantage-is-it-aids-financial-decision-making\">The second biggest advantage is it aids financial decision making <\/h3>\n\n\n\n<p>Of course, the biggest advantage of improved cash flow management\nis that you spend less which allows you to invest more. <\/p>\n\n\n\n<p>The second biggest advantage is that you will have more\nreliable data to base financial decision on. That is, for example, if a client\nis contemplating a home upgrade and we are determining a budget, we can confidently\nbase our financial projections on their actual expenditure amounts. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-baby-steps\">Baby steps <\/h3>\n\n\n\n<p>In my experience, 90% of people do not track their cash flow.\nNot doing so almost certainly means that they are \u2018wasting\u2019 money on items that\ngive them zero enjoyment, and that is a shame. Hopefully, this blog demonstrates\nhow easy it is to get this under control. Doing so will greatly enhance your ability\nto successfully build wealth. <\/p>\n\n\n\n<p>Once you\u2019ve mastered your cash flow, if want to have a chat about how to invest your newfound savings, feel free to <a href=\"https:\/\/wealthcoach.com.au\/stage\/financial-advice\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">reach out to us<\/a>. Good luck. <\/p>\n   ","protected":false},"excerpt":{"rendered":"<p>Due to the impact of coronavirus, many people are having to navigate unexpected changes in income and expenses for the first time in their life. This is something I have&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"__cvm_playback_settings":[],"__cvm_video_id":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[30],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mastering cash flow management practices during the pandemic<\/title>\n<meta name=\"description\" content=\"Cash flow management practices to help you master the game of building wealth without making too many painful sacfrices. Simple account structure.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mastering cash flow management during the pandemic\" \/>\n<meta property=\"og:description\" content=\"Cash flow management practices to help you master the game of building wealth without making too many painful sacfrices. Simple account structure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/\" \/>\n<meta property=\"og:site_name\" content=\"Prosolution Private Clients\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ProSolutionPrivateClients\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-05T07:57:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-28T03:04:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png\" \/>\n<meta name=\"author\" content=\"Stuart Wemyss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@StuartWemyss\" \/>\n<meta name=\"twitter:site\" content=\"@StuartWemyss\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stuart Wemyss\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/\"},\"author\":{\"name\":\"Stuart Wemyss\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/c3aa63480e5d77a56fbd3f70e41b9ce8\"},\"headline\":\"Mastering cash flow management during the pandemic\",\"datePublished\":\"2020-05-05T07:57:08+00:00\",\"dateModified\":\"2023-06-28T03:04:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/\"},\"wordCount\":983,\"publisher\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#organization\"},\"articleSection\":[\"Financial Planning\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/\",\"url\":\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/\",\"name\":\"Mastering cash flow management practices during the pandemic\",\"isPartOf\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#website\"},\"datePublished\":\"2020-05-05T07:57:08+00:00\",\"dateModified\":\"2023-06-28T03:04:58+00:00\",\"description\":\"Cash flow management practices to help you master the game of building wealth without making too many painful sacfrices. Simple account structure.\",\"breadcrumb\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wealthcoach.com.au\/stage\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mastering cash flow management during the pandemic\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#website\",\"url\":\"https:\/\/wealthcoach.com.au\/stage\/\",\"name\":\"ProSolution Private Clients\",\"description\":\"Holistic Financial Services\",\"publisher\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#organization\"},\"alternateName\":\"ProSolution\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wealthcoach.com.au\/stage\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#organization\",\"name\":\"ProSolution Private Clients\",\"url\":\"https:\/\/wealthcoach.com.au\/stage\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.prosolution.com.au\/wp-content\/uploads\/2016\/02\/ProSolution-logo-new-1-580x160-300x83.png?fit=300%2C83&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.prosolution.com.au\/wp-content\/uploads\/2016\/02\/ProSolution-logo-new-1-580x160-300x83.png?fit=300%2C83&ssl=1\",\"width\":300,\"height\":83,\"caption\":\"ProSolution Private Clients\"},\"image\":{\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ProSolutionPrivateClients\/\",\"https:\/\/twitter.com\/StuartWemyss\",\"https:\/\/www.linkedin.com\/in\/stuartwemyss\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/c3aa63480e5d77a56fbd3f70e41b9ce8\",\"name\":\"Stuart Wemyss\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ae5c5d8e27329e215a9779262143f501?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ae5c5d8e27329e215a9779262143f501?s=96&d=mm&r=g\",\"caption\":\"Stuart Wemyss\"},\"sameAs\":[\"http:\/\/www.prosolution.com.au\"],\"url\":\"https:\/\/wealthcoach.com.au\/stage\/author\/swemyss\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Mastering cash flow management practices during the pandemic","description":"Cash flow management practices to help you master the game of building wealth without making too many painful sacfrices. Simple account structure.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Mastering cash flow management during the pandemic","og_description":"Cash flow management practices to help you master the game of building wealth without making too many painful sacfrices. Simple account structure.","og_url":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/","og_site_name":"Prosolution Private Clients","article_publisher":"https:\/\/www.facebook.com\/ProSolutionPrivateClients\/","article_published_time":"2020-05-05T07:57:08+00:00","article_modified_time":"2023-06-28T03:04:58+00:00","og_image":[{"url":"https:\/\/wealthcoach.com.au\/stage\/wp-content\/uploads\/2020\/05\/Painless-Cash-Flow-Management-Email.png"}],"author":"Stuart Wemyss","twitter_card":"summary_large_image","twitter_creator":"@StuartWemyss","twitter_site":"@StuartWemyss","twitter_misc":{"Written by":"Stuart Wemyss","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/#article","isPartOf":{"@id":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/"},"author":{"name":"Stuart Wemyss","@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/c3aa63480e5d77a56fbd3f70e41b9ce8"},"headline":"Mastering cash flow management during the pandemic","datePublished":"2020-05-05T07:57:08+00:00","dateModified":"2023-06-28T03:04:58+00:00","mainEntityOfPage":{"@id":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/"},"wordCount":983,"publisher":{"@id":"https:\/\/wealthcoach.com.au\/stage\/#organization"},"articleSection":["Financial Planning"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/","url":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/","name":"Mastering cash flow management practices during the pandemic","isPartOf":{"@id":"https:\/\/wealthcoach.com.au\/stage\/#website"},"datePublished":"2020-05-05T07:57:08+00:00","dateModified":"2023-06-28T03:04:58+00:00","description":"Cash flow management practices to help you master the game of building wealth without making too many painful sacfrices. Simple account structure.","breadcrumb":{"@id":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wealthcoach.com.au\/stage\/cash-flow-management-practices\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wealthcoach.com.au\/stage\/"},{"@type":"ListItem","position":2,"name":"Mastering cash flow management during the pandemic"}]},{"@type":"WebSite","@id":"https:\/\/wealthcoach.com.au\/stage\/#website","url":"https:\/\/wealthcoach.com.au\/stage\/","name":"ProSolution Private Clients","description":"Holistic Financial Services","publisher":{"@id":"https:\/\/wealthcoach.com.au\/stage\/#organization"},"alternateName":"ProSolution","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wealthcoach.com.au\/stage\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/wealthcoach.com.au\/stage\/#organization","name":"ProSolution Private Clients","url":"https:\/\/wealthcoach.com.au\/stage\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.prosolution.com.au\/wp-content\/uploads\/2016\/02\/ProSolution-logo-new-1-580x160-300x83.png?fit=300%2C83&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.prosolution.com.au\/wp-content\/uploads\/2016\/02\/ProSolution-logo-new-1-580x160-300x83.png?fit=300%2C83&ssl=1","width":300,"height":83,"caption":"ProSolution Private Clients"},"image":{"@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ProSolutionPrivateClients\/","https:\/\/twitter.com\/StuartWemyss","https:\/\/www.linkedin.com\/in\/stuartwemyss\/"]},{"@type":"Person","@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/c3aa63480e5d77a56fbd3f70e41b9ce8","name":"Stuart Wemyss","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/wealthcoach.com.au\/stage\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ae5c5d8e27329e215a9779262143f501?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ae5c5d8e27329e215a9779262143f501?s=96&d=mm&r=g","caption":"Stuart Wemyss"},"sameAs":["http:\/\/www.prosolution.com.au"],"url":"https:\/\/wealthcoach.com.au\/stage\/author\/swemyss\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7FPzp-3Ty","jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/posts\/14976"}],"collection":[{"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/comments?post=14976"}],"version-history":[{"count":4,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/posts\/14976\/revisions"}],"predecessor-version":[{"id":16884,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/posts\/14976\/revisions\/16884"}],"wp:attachment":[{"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/media?parent=14976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/categories?post=14976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wealthcoach.com.au\/stage\/wp-json\/wp\/v2\/tags?post=14976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}