Alright so today I wanted to wish you a happy ThanksGiving and personally thank you for following my little blog.
I really appreciate all the comments and feedback I get from you daily via email, Skype or sometimes in person when we get the occasion to meet up.
I have something very special for you today, which has helped me a lot to have a clearer vision of my finances and eventually become financially free.
It’s a cashflow calendar!
[membership_downloads_box title=”Download your 2012 Cashflow Calendar here”]You may need to right-click the following links and select Save Link As to download the file to your computer
Cash Freedom 2012[/membership_downloads_box]
I have put this together over a year ago when I had made the decision to become financially free. In fact we live in a society that’s ruled by money so having a decent understanding and foresight in your personal finances is a good thing to do.
I tried to shoot a video showing you how to use this calendar at first (I actually did 3 takes!), but it looks like my mic is down so I thought I’d write this up on the blog instead. If the instructions I give below are not clear enough feel free to reply in the comments section below and I’ll do my best to help you out.
First download your calendar and open it either in Excel, or alternatively you can upload it Google Docs.
What you want to do is to fill up your planned expenses and income for each month of the year. This is going to help you to see what you can realistically achieve financially and will empower you to stay focus on your goals.
I kept it very simple, but that’s voluntary: the idea is that you focus on the big picture (you can enter rough figures) not the minute details (you can always go more in depth in a separate budgeting sheet or improve on this one).
In the expenses section you will notice that there are three rows with “website/project 1, 2, 3”. This represents the expenses you might have to incur for your websites, mainly hosting costs, traffic generation and maybe web design. Money makes money so sooner or later when you make money online it will be wise to reinvest those profits in growing your money-makers.
Similarly in the Income section you can add your previsions for what you will earn from your sites. This is an amazing way to give yourself clear financial goals for your sites which you can look forward to months by months.
All the expenses add up automatically to make up the total expenses. Similarly all your income sources (salary if any, websites, and other streams of income – such as offline marketing) add up automatically.
The money in the bank row is also updated automatically and reprensents your income minus your expenses plus the previous months income. So it all adds up nicely to make 2012 a brillant year.
If you already have money in the bank by the beginning of the year, simply add up that number to the January ‘salary’ row, this way it will take into account your existing balance from the start of the year.
The idea is that you should try to project yourself financially over the next 12 months. This should take you about 20 minutes to fill up the sheet, but sincerely trust me on this just do it and you will be amazed at what you can potentially achieve in the coming year.
I hope this will as much of use to you as it’s been to me.
2012 is yours,