How Do I Actually Do My Cash Flow Budget?

Fortunately, in this day and age, there are numerous sources that will provide you with an excellent outline – you just have to fill in the blanks. Perhaps the easiest source of information is online where you will find a number of self-help outlines. Many of these you can download for free.

Alternatively, just go to your local bank branch or credit union and they are almost certain to have a free booklet for you. These are usually on display and available for you to take. This means you won’t have to be interrogated by someone wanting to sell you another credit card or mutual fund. TD Canada Trust and Bank of Montreal have particularly useful booklets that show you exactly how to complete each line of your budget.

In the next few weeks, we hope to put the finishing touches on our own cash flow template specifically for real estate agents. We will be sure to let you know when its ready and available on our website for you to use.

Cheers,

Jim Trainor CA, CPA