what is financial health? and how to stay financially fit?

What is Financial Health? & How to Stay Financially Fit?

Imagine your finances as a vibrant ecosystem, a dance between income, expenses, investments, and goals. Financial health, then, is the state of this ecosystem – its balance, resilience, and ability to thrive. It’s not just about accumulating wealth, but about feeling secure, in control, and equipped to weather life’s financial storms.

cash flow management
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Cash Flow Management: [PDF] Example, Benefits, Drawbacks, Strategies, & Tools

Cash flow management is the process of monitoring, analyzing, and optimizing the inflow and outflow of cash in a business or personal finance context. It involves managing the cash resources of an entity in a way that ensures the entity can meet its financial obligations in a timely manner, while also maximizing the use of available cash to generate revenue and grow the business.