Why Cash Flow is King

How bad can it get?

The stats are pretty horrific. 88% of people do not invest, and on average 1 in 500 succeed financially. So when it comes to achieving financial independence why try? Why bother?

Never trying will guarantee failure, but any attempt to secure your future is better than nothing and even small victories count.

But the phrase of ‘cash flow is king’ is always true. I make it no secret that I am not a financial advisor—I’m an educator! But you don’t have to go too far to understand that cash flow is truly king.

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How Low interest rates impact your future

The RBA Cash Rate

On the first Tuesday of every month the Reserve Bank of Australia (RBA) announces the official cash interest rate. With the current Cash rate at 1.00% and the economy failing to gain strength the, today the RBA dropped the Cash rate to 0.75%

The question is why?

The main purpose of a rate drop is to stimulate the economy. The logic is relatively simple. Low rates on loans mean lower repayments and hence more incentive and serviceability to borrow money now.

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