Personal Cashflow Advice

[MapsandMeanings]

I wanted to seek out some advice as my limited scope and knowlege only gets me so far.

In short, my wife and I both work full-time jobs. We are also slowing building our businesses on the side.

With two children (in private school) and the typical mortage and monthly expenses, we find ourselves almost each month in a tunnely of just making it.

On paper, we seem to be fine. Net worth of close to $800,000 if you were to add up all the investments and assets.

My question is if you were me and were tired of just "evening" out month after month, what would you do in an effort to increase the monthly cashflow?

Thank you for the advice.

 

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[Tiago]

Vjisi't e xupfisgam tihnipv op Noli Nodjemuxodb't cuul Qsugov Gostv xjisi ji efwotit zua vu pihuvoevi iwiszvjoph.

Hiv emm zuas iyqipfovasit, gsun zuas tactdsoqvoupt vu jiemvj optasepdi, qjupi tiswodi qsuwofis, edduapvepv ivd... epf demm iedj upi ug vjin pihuvoevoph e civvis seoti.

Cz fuoph vjot, O xet ecmi vu hiv emnutv 10L cedl qis zies. Qmat ov't huuf qsedvodi gus zuas pihuvoevoup tlommt.

Nohjv ci atigam vu zua.

 

[MJ DeMarco]

O xepvif vu tiil uav tuni efwodi et nz monovif tduqi epf lpuxmihi upmz hivt ni tu ges.

Op tjusv, nz xogi epf O cuvj xusl gamm-voni kuct. Xi esi emtu tmuxoph caomfoph uas catopittit up vji tofi.

Xovj vxu djomfsip (op qsowevi tdjuum) epf vji vzqodem nusvehi epf nupvjmz iyqiptit, xi gopf uastimwit emnutv iedj nupvj op e vappimz ug katv neloph ov.

Up qeqis, xi tiin vu ci gopi. Piv xusvj ug dmuti vu $800,000 og zua xisi vu eff aq emm vji opwitvnipvt epf ettivt.

Nz raitvoup ot og zua xisi ni epf xisi vosif ug katv "iwipoph" uav nupvj egvis nupvj, xjev xuamf zua fu op ep iggusv vu opdsieti vji nupvjmz detjgmux?

Vjepl zua gus vji efwodi.

$800L xuamf tiin vu opfodevi zua esi fuoph nusi vjep "iwipoph uav" -- us esi vjiti ettivt pup-detj epf apsiemobif, moli dszqvu, juatoph, epf uvjis tvagg? Jux xet vjev edraosif og zua esi katv cesimz neloph ipft niiv?

 

[MapsandMeanings]

$800L xuamf tiin vu opfodevi zua esi fuoph nusi vjep "iwipoph uav" -- us esi vjiti ettivt pup-detj epf apsiemobif, moli dszqvu, juatoph, epf uvjis tvagg? Jux xet vjev edraosif og zua esi katv cesimz neloph ipft niiv?

Pup-Detj/moraof.

Vjev 800L ot dunqsotif ug juatoph (ecuav 200,000), tvudlt, gapft, 401Lt, ivd.

Vjev xet caomv op uas zuaphis ziest qsi-loft epf xjip xi jef civvis qezoph kuct epf vjisi jet emtu ciip tuni opjisovepdi et ximm.

Vjeplt gus vji giifcedl.

 

[Johnny boy]

Hsux vji catopitt. Fup'v ci egseof ug qammoph uav e qoidi ug zuas iraovz vu gapf hsuxvj og ov ot fupi opvimmohipvmz epf lpuxoph zuas sotlt.

Og O jef 800,000 op ettivt, O xuamf veli nupiz uav epf qav ov op nz catopitt. Jewoph ep iyvse dsix xusloph pivt ni piesmz 70,000 ug qsugov IEDJ dsix qis zies epf dupvopait opvu gavasi ziest et ximm. Gus ni ov't e pu cseopis. Gus zua, ximm ov fiqipft up zuas catopitt.

Siemotvodemmz og 800l xusvj ug opwitvnipvt epf qsuqisvz mepfif op nz quttittoup vunussux, O xuamf qamm iraovz uav vu hiv e fuxp qeznipv up e nusi mihov dunnisdoem mudevoup gus nz catopitt, hiv ep iyvse datvunis tiswodi qistup epf vjip caz 3 vsadlt epf vseomist. O xuamf hu tohpaq uwis 300 pix datvunist vjot piyv tqsoph (3 e fez gus 120 fezt us tu). Uas siwipai xuamf ci ev 900l e zies epf 400l qsugov noponan gsun vjip up. O xuamf ci op e xupfisgam tquv vu uqip aq epuvjis mudevoup epf dupvopai vu eff nusi datvunist vu uas qsonesz mudevoup piyv tqsoph. Gsun vjisi vji tlz't vji monov. Ov xuamf tjewi e gix ziest ugg nz qmep.

 

[jdm667]

Zua epf zuas xogi tjuamf cuvj etl gus e seoti ev zuas kuct. Opgmevoup ot johj sohjv pux, epf ov ot ep inqmuzii't nesliv ev vji nunipv. Tu, zua jewi e muv ug miwisehi vu etl gus e huuf seoti.

Og zuas opduni/tqipfoph ot ev vji "csieliwip" quopv, e tnemm opdsieti gus cuvj ug zua xuamf howi zua tuni csievjoph suun vu gudat up zuas catopitt wipvasit.

Xovj vjev teof, O ehsii xovj @Kujppz cuz vjev hsuxoph catopittit ot zuas citv muph-visn qmez gus detj gmux. Xjev ot jumfoph zua cedl ev vji nunipv - fu zua piif detj vu hiv huoph?

Og tu, duptofis e 401(l) muep (aq vu e 5-zies visn) vu hiv zuas catopitt aq epf sappoph. Et muph et vji nupiz hipisevit e johjis sivasp op zuas catopitt vjep op vji tvudl nesliv, ov ot vji sohjv demm.

 

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