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Financial Planning Experience Phase Two

<strong>What is a Cash Strategy?</strong>

What is a Cash Strategy?

Financial Plans require fuel to keep them going. That fuel is cash.  Having a cash strategy provides clients with an understanding of their opportunties, limits and challenges.  Having a cash strategy is the foundation from which the rest of the plan is built.  

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<strong>Phase Two Objectives</strong>

Phase Two Objectives


Cash Flow Statement

Financial Visibility and Accountability

Establish, refine or change spending and savings goals


Identify major planned or anticipated expenses over the next 5 years

Start recommended reading

Reflect on spending and discuss spending

Identify where you like to spend money and get the most value 

Identify where you do not like to spend money the provides the least amount of value

Add reminder(s) to Tasks

Start Budgeting Worksheet
<strong>Reports to Review</strong>

Reports to Review

Information required to support building a Cash Strategy 

Make a budget / Share your budget 

Do your best to capture known spending. It's ok if your budget isn't perfect.  We will build upon the information collected to further inform our financial plan.  

What will we do to get an understanding of our Cash Flows and Cash Strategy? 

Review E- Money Organizer

Review planned spending

Review liabilities and liability payments

Review and confirm contributions to savings and investment accounts 

Review 5 Year Cash Flow Statement

Visualize our estimated financial capacity

Reflect on current spending and budget

Receive Cash Strategy

Recommendations to fund short term financial goals 

Recommendations to fund long term financial goals 

Recommendations for emergency savings

Update Budget Worksheet on File