Cashflow and Compounding
Identifying your path on the Financial LifeCycle
Financial lifecycle and numbers
When you are living a day, week or year of your life, it is easy to get caught up in the emotional ride of the short term moment – this is when the bigger picture perspective is valuable.
When setting goals and thinking about your current financial position, it is easy to compare yourself to “what others are doing” or “where others are up to”.
The financial lifecycle is designed to help you be clear about your desired path, not others.
Regardless of where you are up to, the financial lifecycle can help put things in perspective.
With finances, sooner or later it is time to look at the numbers. To take the financial lifecycle concept and make it useful to you, we have created the personal financial statement. The personal financial statement works with the numbers.
