What it is
It’s never too early (or too late) to become fluent in the essentials of your everyday finances. Our Cash Flow Management service empowers you to achieve and maintain firm, long-term control over your budgets, debt, savings and investments.
How it works
First, we find out what you know—and what we need to know—about your personal finances. We discuss your cash flow objectives, experience with budgets and savings, current debt structure, and other big-picture issues. As needed, we start filling in the knowledge gaps, helping you understand any unfamiliar financial management points (e.g., appropriate uses of debt).
Then, based on our conversations with you, we will:
- Assess your income and expenses
- Help you create a budget
- Set cash reserve targets
- Help you set realistic savings objectives
- Prepare a debt reduction strategy
- Follow up regularly to evaluate and adjust plans