What is a Behavioral Cash Flow Plan?

Behavioural Cash Flow Planning is a written plan that provides specific and clear advice on both spending and debt repayment. A Behavioural Cash Flow Plan is NOT a budget but a plan that helps you manage your day-to-day cash flow. It is a action plan that takes into account your financial obligations, and provides guidance on future costs such as purchasing your next vehicle, handling emergencies or and planning for major expenses such as renovating your home.