A tid-bit on the big purchases in life. Free cash flow is the building block of whatever you want. Whether it be wealth, vacations, or any of the other wonderful things that make us happy, you need cash flow to make them happen.
When you are buying a house or car, throw the rules of thumb out the window! Just because you can qualify and afford to pay for a loan doesn’t mean you need that much house or flashy car to be happy.
Ask yourself what is the least you can spend on those big purchases to get everything you need to be happy in the house or car. Then, leave free cash flow in your life.
If you tie up too much of your money in your home or car, you will end up feeling trapped. No amount of frugality can solve that.
Not sure how to free up your cash flow? Schedule an appointment to talk to me. I’m here to help.