I tend to try to project my cashflow 12-20 months into the future, yet of course, the months that are closer are going to be more important to make sure that they are in order, yet sometimes we might be able to see cashflow crunch periods that go out into the future, and more so if we might have various kinds of debt obligations or we might employ debt in our financial strategies (cashflow management) or even if we have family type cost that come up down the road or even business type costs that might go quite a ways out into the future.
Well, projecting cash flow for a year or more can help us ahead of the curve and it's also not going to be easiy with predicting our day to day expenses and there's sudden opportunities that we want to utilize it but it's also more important to keep navigate through them in short way without losing our focus on our long term goals and with such mindset we get to keep ourselves solid while avoiding the blind spots.
Life will never stop throwing unexpected expenses out on us but we need to get through it whether we like it or not and also that's not an excuse to avoid investing on bitcoin. Meanwhile having a short term plan like monthly budget and long term ones like how the next 12 or 24 months is gonna be and stick with it is the key to success no matter what we need to do then we avoid those bumps while making sure stay strong.
Cash flow is the main concern that must be considered for the sustainability of the investment made. Determining cash flow management for a long time certainly drains a lot of thought so that it can run as we want. Cash flow is supported by a fixed income and if not it will be contrary to what is planned. Generally, cash flow is divided into several stages and maybe we already know about it so that a wise mindset is to be able to maintain it as well as possible to reach the point of success in investment.
Meanwhile, we can think about maintaining our investment with a small portion of the money we set aside for investment. Because if the amount of money that we use for investment is too large, of course it will go awry if the cash flow expenditure is greater at an unexpected time.
In this perception, use only a portion, such as 10% which allows us to have the other 90% for our living needs.