Articles > Cash Flow
Do I have enough monthly cash flow
to meet my financial obligations?
Analyzing My Monthly Cash
by Kristi Lamontagne
Failure to use a flexible spending plan is one of the
leading causes for financial woes. Many people lack
a clear understanding of basic accounting principles;
therefore, learning a few of these simple principles
can help you better manage your money (Prov.27: 23).
Cash flow analysis on a monthly basis shows you whether
you are generating enough cash to meet your financial
obligations and how your expenditures (outflow) relate
to the money coming in (inflow). A monthly cash flow
analysis helps you determine where you lack capital
or have a surplus. This information can then be compared
monthly to the records that you have accumulated in
the past months. Putting God in the center of developing
your flexible spending plan will give you an assurance
and peace that you are moving toward a well balanced
Financial Freedom in 7 Weeks Plus is a Bible-based
workbook that will guide singles, couples and families
step-by-step through all the basics of managing money.
Chapters 4 – 7 focus on the Flexible Spending
Plan concept and Cash Flow Management.