The Money Advantage Podcast

The Biggest Thing You Can Do to Increase Your Cash Flow


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https://www.youtube.com/watch?v=yhhCWKRRSvU
The #1 most effective way to increase your cash flow today is to think like the bank.  Banking generates voluminous cash flow.  There are rules for how the bank operates that have established banking as the most powerful business model in the world.  You can follow these rules to increase your cash flow, starting from whatever income you have today.  This secret hidden in plain sight is the catalyst to increase your cash flow and take control of your financial destiny, without cutting back, working harder, or taking on more risk.
Let’s build your bridge to time and money freedom by increasing your cash flow with the one most powerful step.  We’ll answer:
Why focus on cash flow?What is cash flow?How do I increase my cash flow?
We’ll give you the seven rules banks use that give them the upper hand.
When you utilize these rules in your own economy, you’ll stop having so many dollars flow out of your hands, and you’ll start keeping and controlling more of your money.
You’ll leverage the magic of compound interest, so you earn it, instead of paying it.
Instead of making costly mistakes by following typical advice, you’ll think for yourself and take control.
Rather than building the empires of banks, Wall Street, and financial institutions, you’ll begin building your own financial destiny.
Table of contentsWhere Increasing Your Cash Flow Fits into the Cash Flow SystemWhat Is Cash Flow?Two Levels of Cash FlowWhy Focus on Cash Flow Now?Increase Your Cash Flow Today to Accelerate Time and Money FreedomHow to Increase Your Cash FlowThe #1 Cause of Limited Cash Flow and How to Overcome ItThree Mindset Shifts to Achieve Time and Money FreedomMindset Shift 1: From Accumulation to Cash FlowMindset Shift 2: From Retirement to Financial FreedomMindset Shift 3: From Scarcity to AbundanceYou and the BankYou Can Start Thinking Like the Bank or Be a Customer of the BankBanking 101: The Seven Rules of the Bank#1) Banks Want Cash Flow#2) Banks Earn InterestMake That Compound Interest#3) Banks Use Leverage#4) Banks Use OPM (Other People’s Money)#5) Banks Want Money Back Faster#6) Banks Take the Guarantees#7) Banks Want Low Risk and Guaranteed ReturnsModel the BankOne of the Most Effective Ways to Model the BankBuild Your Time and Money Freedom
Where Increasing Your Cash Flow Fits into the Cash Flow System
It may seem obvious that increasing your cash flow is a critical component of your cash flow system.  I mean, that’s the part of your life that is all about cash flow, right?  But here’s how it fits in the bigger picture exactly:
The Cash Flow System moves you from survival, with little to no cash flow, to significance, where you have abundant cash flow from assets.
In the foundational phase, you start by keeping more of the money you make.  In the next phase, you protect your money.  Finally, you make more money and increase your cash flow.
Thinking like a bank is part of all three stages and allows you to increase your cash flow.
Most importantly, it’s part of your mindset in the foundational phase.   Your mindset is what allows you to reduce your money leaks and keep more of your money.
In the second phase, thinking like a bank allows you to protect your money, earn uninterrupted compound interest, and save like the wealthy.
Finally, employing banking principles allows you to utilize cash-flowing assets to build time and money freedom.
What Is Cash Flow?
Cash flow is when you have more money at the end of your month.
Cash flow is the money that you’re not using up each month, that you can instead set aside and store up.  When you have cash flow, you have money left over in your monthly economy.
Determine your current monthly cash flow with this simple equation:
Cash Flow = Income – Expenses
Having more cash flow gives you more options, and options give you freedom and control.
Two Levels of Cash Flow
...more
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The Money Advantage PodcastBy Bruce Wehner & Rachel Marshall

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