Comments on: BVC #11 – Drawing Your Cashflowchart

By: Croton

Croton — Sat, 27 Jun 2009 23:36:59 +0000

Great Post! It actually inspired me to build a quite similar thing for my startegy and in my german PF Blog. I adapted the basic idea but changed it a lot to show my general personal finance strategy and a bit to reflect a soccer formation. So you know which accounts are defense (Savings, Emergency Fund) and which are offense (Retirement (German eq. for 401k), taxable investment etc.). I like your Blog and try to transfer as much of your invaluable information to my drastically different european personal finance situation. – However, things like this flowchart are truly international!

By: thomas

thomas — Thu, 04 Jun 2009 04:31:26 +0000

I’m going to sneak my whiteboard from work out this week.

By: RazorBucks

RazorBucks — Thu, 04 Jun 2009 03:00:16 +0000

Where dies it all go? Drafting a flow chart like this will tell you – and help you adjust closer to where you want to be.

Upcoming college graduates looking forward to the first paycheck: Take note of this flow chart!! Probably the hardest thing to do is for you to invest in retirement and to save for emergencies. Do it early.

By: MoneyEnergy

MoneyEnergy — Fri, 22 May 2009 22:31:32 +0000

Nice video! I’m a visual person, so I can definitely appreciate the idea of seeing it all drawn out like this.

By: Paige

Paige — Wed, 13 May 2009 13:52:10 +0000

It is depressing when you can’t pay yourself first.

By: Christy

Christy — Wed, 13 May 2009 01:34:31 +0000

Great concept – easy to understand. I am looking forward to drawing my own…..

I need to go back and watch the video for the Financial Network Map since I missed that one… is there a link?

Thanks,
Christy

By: Wojciech @ Fiscal Fizzle

Wojciech @ Fiscal Fizzle — Wed, 13 May 2009 00:24:51 +0000

I’m a big fan of charts. This was a great exercise – I just threw together a quick one using my mind map software.

One thing I love to do with these – since you’re already drawing a “picture” is to get a little creative and actually make little doodles for each branch, representing that money.

So for savings, I drew a little 3-D $ sign. For taxes, I drew IRS in red. It helps to quickly communicate what you’re looking at without reading the words.

By: Jim

Jim — Tue, 12 May 2009 18:49:04 +0000

hahahahaha that’s awesome

By: Traciatim

Traciatim — Tue, 12 May 2009 18:38:30 +0000

LOL, that one is easy:

My Bank Account —-> Spouse —-> Stuff I don’t want.