How businesses manage money | Cashflow explained

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  • Опубликовано: 30 май 2024
  • The amount of money that comes to a business or an individual does not determine how financially strong they are. The cashflow determines the actual financial strength of an establishment. In this video, you will learn about cash flow and how you can handle it both in business and in your personal finances.
    #personalfinance #cashflow #business management
    Try Audible and Get Two Free Audiobooks: amzn.to/3d2dVBd
    Timestamp
    (00:00) Introduction
    (02:17) Positive cash flow
    (03:03) Negative cash flow
    (04:30) The Cash Flow Statement
    (05:01) Here Are Different Forms Of Cash Flow
    (07:38) Robert Kiyosaki Explains Cash Flow
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Комментарии • 123

  • @PracticalWisdom
    @PracticalWisdom  Год назад +8

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      @jimmyramos6296 4 месяца назад

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  • @tahirisaid2693
    @tahirisaid2693 12 дней назад +363

    Financial management is a vital subject that many avoid, often leading to future regrets.

    • @JalenBooekr
      @JalenBooekr 12 дней назад

      Absolutely, financial management is crucial for long-term stability and peace of mind. Avoiding it can lead to missed opportunities and financial difficulties. It's never too late to start managing your finances wisely and securing your future.

    • @GeralynWinnifeld
      @GeralynWinnifeld 12 дней назад

      Financial management is crucial for long-term stability and peace of mind. Avoiding it can lead to missed opportunities and financial difficulties. Working with a financial adviser has really helped me get on the right track and secure my future.

    • @EmiliaGeelan
      @EmiliaGeelan 12 дней назад

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      @GeralynWinnifeld 12 дней назад

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      @EmiliaGeelan 12 дней назад

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  • @samotivationbysami
    @samotivationbysami 10 месяцев назад +102

    After I graduated, I realized school taught me nothing about money. Then I found the book ‘the Richest Man in Babylon’ and learned everything about money that I was not taught. Also started watching videos like this. Lots to learn!

    • @tomhosebon4392
      @tomhosebon4392 7 месяцев назад +4

      Same journey

    • @iz8380
      @iz8380 6 месяцев назад +7

      They just took your money

    • @Himothy704
      @Himothy704 6 месяцев назад +2

      Great book gave it to my son after his high-school graduation.

    • @Chong760
      @Chong760 6 месяцев назад +2

      They didn’t teach you for a specific reason, other than keeping you poor. If you knew why, you would throw up in anger……….

    • @vedaintsaint
      @vedaintsaint 5 месяцев назад

      mr money sam is here guys.

  • @Lawrencekingsley01
    @Lawrencekingsley01 6 месяцев назад +40

    "To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." - Robert Kiyosaki. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already,got a new business my wife is managing, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made

    • @skoopqueen
      @skoopqueen 6 месяцев назад

      Hey Lawrence,I will be happy if you could advise me, as I am ready to go the passive income path.

    • @Lawrencekingsley01
      @Lawrencekingsley01 6 месяцев назад

      Understanding the intricacies of investing is crucial. That's why it's important to have a reliable support system, such as a financial consultant, who can guide you, especially when it comes to selecting assets. Personally, I work with Regina Louise Collaro, an investment advisor who collaborates with a licensed wealth management firm. I must say that my financial journey has been exceptional under her guidance. Regina is widely recognized for her excellent services, so you may already be familiar with her. Thanks to her expertise, I have achieved financial stability and now earn a consistent monthly income through her passive income strategy.

    • @skoopqueen
      @skoopqueen 6 месяцев назад

      That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?

    • @Lawrencekingsley01
      @Lawrencekingsley01 6 месяцев назад

      She is easy to find , make a quick research of her on the internet with her name Regina Louise Collaro and leave her a message. I believe sh works with anyone independent of their location.

    • @witneywilliam
      @witneywilliam 6 месяцев назад

      Personally, I'm blessed and realizing I'm not the only one working with Regina Louise Collaro. I will consider myself lucky. I've been able to feed and make a living through her advice and great work. For such a person as Regina, I owe her gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn't just wise but has all it takes to handle an investment and is good at what she does.

  • @wisdom-for-all
    @wisdom-for-all 3 года назад +44

    Revenue is vanity, profit is Sanity, but Cash is King 🖖

    • @northfinance7680
      @northfinance7680 3 года назад +3

      Nothing equates investing and when it's done properly, you don't need to get all worked up about money any more as it creates a lot of extra income.

  • @alexandrumihaiman7854
    @alexandrumihaiman7854 2 года назад +6

    The most important thing is to pay yourself first!

  • @abunawoscar8904
    @abunawoscar8904 Месяц назад +1

    Thank you for this knowledge

  • @SimpleLifeSG
    @SimpleLifeSG 3 года назад +10

    Cash flow is important for all businesses.

  • @vickymoore7852
    @vickymoore7852 Год назад +1

    Thank You

  • @WealthbuilderzTV
    @WealthbuilderzTV 3 года назад +5

    Thanks breaking this down completely. I love it.

  • @PGPRADEEP988
    @PGPRADEEP988 Год назад

    thanks

  • @tevorspace8812
    @tevorspace8812 3 года назад +13

    More lessons, more progression, thank you for the lesson.

  • @investinstyle-financeinves1181
    @investinstyle-financeinves1181 3 года назад +13

    The best businesses spend their money thoughtfully. The richest people do the same.

  • @ibejibenson6065
    @ibejibenson6065 3 года назад +9

    Cash equivalents? Great content as usual but one crucial mistake there, buildings, machinery, and the rest are not cash equivalents, they are not even liquid assets.

    • @augustmae9081
      @augustmae9081 3 года назад +1

      I agree. ‘Cash equivalent’ is a technical term so should be used appropriately. Buildings, machinery, equipments would be fixed assets, inventory or investment properties depending on the nature of the business of the company.

  • @lasvsergi
    @lasvsergi 3 года назад +1

    Love ur channel

  • @paulinajordan9047
    @paulinajordan9047 3 года назад +51

    Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works

    • @beckansmith5224
      @beckansmith5224 3 года назад

      I totally agree with you, the stock market is the most profitable venture I ever invested in, I reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading

    • @andrewpeter6783
      @andrewpeter6783 3 года назад

      @@beckansmith5224 Your right . Ever since I started investing in stock I've had a very good life

    • @jamesmorgan7066
      @jamesmorgan7066 3 года назад

      Having a stable investment package keeps you financially stable!

    • @harperauston3716
      @harperauston3716 3 года назад

      @@andrewpeter6783 the stock market is a vast platform to invest in. It's very profitable especially when you've got a trusted professional to assist you

    • @hunterlandon6280
      @hunterlandon6280 3 года назад

      I'm interested in this stock market but I don't know how to come about it . Any advice ??

  • @yasd676
    @yasd676 Год назад +1

    Insightful

  • @jamessantiagovsky1882
    @jamessantiagovsky1882 2 года назад +1

    awesome video!

  • @leverage2279
    @leverage2279 Год назад +4

    Could you elaborate on the free cash flow? Why is it very important?
    And why did you say that it isn't part of operational, investing, and financing cashflows?
    What's the use of the free cash flow? Is it the emergency fund, or it has other uses?

  • @lovestory_billz
    @lovestory_billz 3 месяца назад

    Great video

  • @Truthseeker371
    @Truthseeker371 2 года назад +3

    Budget realistically. Cut out all the waste. Stick to your plans. Medium and long term planning is critical.

  • @BigMonkLilMonk
    @BigMonkLilMonk 3 года назад +8

    Guess I’m the first and only one that needed this info today

  • @AirbnbRentalEmpire
    @AirbnbRentalEmpire 2 года назад +2

    Informative stuff, keep it up!

  • @noirbusiness
    @noirbusiness 3 месяца назад

    Wow!

  • @ouzerouyouhenyi7709
    @ouzerouyouhenyi7709 7 месяцев назад +2

    I wish to know how one can calculate their cash flow at the end of the year to know the profit the company has made for it's shareholders while paying employees salaries every month (case of a growing business that receives and spends money daily). Thanks

  • @ProfitCashGrowth
    @ProfitCashGrowth Год назад +9

    I think its game changing when business owners plan their financial goals, and then monitor them weekly. This really helps drive performance by getting focus on the ultimate goal, of making profit and cash! This really helped me clarify my message in my latest video, thanks!

  • @viavohsamuel3706
    @viavohsamuel3706 6 месяцев назад

    How do you rescue or revive an unhealthy cash flow

  • @scroogemcduckrich9705
    @scroogemcduckrich9705 2 года назад +6

    buildings and equipment are NOT cash equivalent. they are the opposite they are illiquid assets. cash equivalent is commercial paper, bonds etc

  • @aprozek7019
    @aprozek7019 5 месяцев назад

    You deserve to be popular bud😊😊

    • @PracticalWisdom
      @PracticalWisdom  5 месяцев назад

      Thanks! Glad you like my content, feel free to share it with you friends if you think you can help them too!

  • @tinaverble8424
    @tinaverble8424 2 года назад +1

    👍

  • @jaydenss1
    @jaydenss1 Год назад +2

    At about 3 minutes did anyone else see the lady zoom in on the chart on the ipad and then try zoom in on a piece of paper 🤣🤣

  • @SY-sp8uo
    @SY-sp8uo 3 года назад +3

    Cash is king!

  • @RamirArcega24
    @RamirArcega24 2 года назад +2

    2:51 LOL!!!

  • @orlandogateway5760
    @orlandogateway5760 3 года назад +1

    Diamond sounds like Graham, smile...

  • @FinanzaDigitale-cw4qu
    @FinanzaDigitale-cw4qu 6 месяцев назад

    😊

  • @MiguelSantos-rl1ir
    @MiguelSantos-rl1ir 7 месяцев назад +1

    🤑💯✅

  • @JByrdLottery2021
    @JByrdLottery2021 3 года назад +1

    👍😎👍

  • @casualplayer5504
    @casualplayer5504 27 дней назад

    8:30 She didn't know much people😭😭

  • @ozhazem
    @ozhazem 7 месяцев назад

    use small easy numbers not big ones

  • @momokotakai4688
    @momokotakai4688 3 месяца назад

    Right off the bat you were wrong about cash equivalents….

  • @theemporium5899
    @theemporium5899 2 месяца назад

    2:53 😂

  • @suphanuthpepe6601
    @suphanuthpepe6601 3 года назад +2

    What if your apartment no tenant?
    Its become debt

  • @bvbxiong5791
    @bvbxiong5791 6 месяцев назад +1

    in this video you learn what cashflow is by a guy that read 5min of cashflow on wikipedia...

  • @adamelizondo6203
    @adamelizondo6203 6 месяцев назад +1

    1:12 none of those are cash equivalents. Those were all PP&E… Cash equivalents are things that can be easily converted into cash at least within 3 months.

  • @riggsmartins4033
    @riggsmartins4033 2 года назад +23

    Speaking of passive income and investments, I would go for the crypto currency

    • @lynnkoeffler8326
      @lynnkoeffler8326 2 года назад +1

      Yes, you are right, Bitcoin is a good business, making money is easier through investment, do not save your Bitcoin money and invest.

    • @junepatterson1829
      @junepatterson1829 2 года назад

      Well, with the favorable crypto market as it is, investing now would not be a bad choice.

    • @brookeoconnor6427
      @brookeoconnor6427 2 года назад

      Yes, investing in Bitcoin with the guidance of an expert is the best and most profitable.

    • @charleyluckey2232
      @charleyluckey2232 2 года назад +1

      Exactly, it's really good to keep an expert with years of experience around. Like I have Mr. Larry Kent Nick, he has made many benefits for me

    • @susanbaxtron8422
      @susanbaxtron8422 2 года назад +1

      wow i'm surprised someone mentioned and recommended the expert Mr. Larry Kent Nick, Mr. Kent is the best ... he is the plug

  • @ketoacid3393
    @ketoacid3393 3 года назад +2

    What is this? An ad for rich dad poor dad ?

  • @peaceheart5795
    @peaceheart5795 3 года назад

    ❤️👍🏼

    • @maryfisher8862
      @maryfisher8862 3 года назад

      Thanks for commenting and do subscribe

    • @maryfisher8862
      @maryfisher8862 3 года назад

      For more information on where to inves your initial capital
      My mentor sir kelvin in highly informed and reachable on w.h.a.t.s.a.p.p

    • @maryfisher8862
      @maryfisher8862 3 года назад

      +1-2-0-5-5-4-7-3-3-1-0---

  • @alverzenongkhlaw5688
    @alverzenongkhlaw5688 7 месяцев назад +2

    PhD---- Poor,helpless and desperate..
    -----Robert Kiyosaki

  • @alicelang5178
    @alicelang5178 2 года назад

    A good attempt to talk about investments, but too superficial. Didn't work for me.

  • @SylivesterMajoh-po3uc
    @SylivesterMajoh-po3uc 5 месяцев назад

    Q

  • @ritchy8114
    @ritchy8114 3 года назад +3

    Bow this dude got over 500k subs and gets 900 views in an hour 😂🤦🏾‍♂️

  • @robertebertjr1951
    @robertebertjr1951 3 года назад +2

    Kiosaki is a joke.

    • @pickywolf2728
      @pickywolf2728 3 года назад +2

      He’s a legend ..!

    • @philv2529
      @philv2529 6 месяцев назад

      Have you seen how much money he charges for his POS boardgame?

  • @sohelam142
    @sohelam142 6 месяцев назад

    😂 nonsense

  • @joshuarichardson3589
    @joshuarichardson3589 4 месяца назад

    Poor video. I'm an accountant. Furniture and buildings are not cash equivalents. They are assets, but not equivalent to cash in their liquidity. This video has many words but says nothing helpful.

  • @MiguelMejia-wd5cd
    @MiguelMejia-wd5cd 8 месяцев назад +1

    Yes even when fake companies are add with out permission they still are allowed under who's authority it's wrong

  • @abunawoscar8904
    @abunawoscar8904 Месяц назад

    Thank you for this knowledge

  • @theemporium5899
    @theemporium5899 2 месяца назад

    2:53 😂