Cashflow modelling was built for tumultuous times like these, writes Carly Robbins, as she shares seven key points to make sure the method is working as it should
Amid a global pandemic and Brexit uncertainty, financial planners are doing all they can to help their clients prepare for the future. Although the UK's economic fate is thoroughly unpredictable, cashflow modelling was built for times like these and there are some key points to making sure it's used well. Keep it simple At first, it can pay to keep things simple. Don't over-complicate the client's current situation or the first year of the plan. Cashflow planning doesn't have to be complicated. Your chosen tool should be user-friendly, intuitive, and easy to integrate into yo...
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