Fundamentals series #5: A simple way to manage cash flow and still enjoy the things that give you pleasure

Watch the presentation on YouTube here.Imagine a world where you have full control over your finances, where every dollar spent contributes to your joy and standard of living. This is not a dream with no basis in reality; it's completely achievable with an understanding of effective cash flow management. I'm Stuart Weems, here to guide you through this crucial financial maze. This episode uncovers the secrets of eliminating unconscious spending, enhancing your enjoyment per dollar, and the necessity of spending less than you earn. <br/><br/>We'll dissect the three types of expenses – non-discretionary, conscious discretionary, and unconscious discretionary - and reveal different strategies to handle each. You'll learn how to control your unconscious discretionary spending at an aggregate level and the vital role it plays in your financial independence. We'll also discuss the two-account system – a primary account and a spending account – as a simple solution for effective cash flow management. So, join me as we embark on this journey to achieve financial freedom, one dollar at a time.To subscribe to Stuart's blog: https://www.prosolution.com.au/stay-connected/