A Better Way to Manage Your Everyday Money - Book - Page 116
When you add cashflow spaces
There is no limit to the number of cashflow spaces that you can add. The reasons for adding a
cashflow space could include:
managing different incomes
● cloning a cashflow space so you can safely play "What If?" with any part of your
cashflow
● teaching a child how to manage household finances
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If you are a financial advisor or planner, you could add a cashflow space, in the copy of
PerNetFlow you use for your business, for each client.
Using a cashflow space
After paying bills the first time in a new cashflow space, you use PerNetFlow to keep the
spreadsheet in the cashflow space up to date with the day-to-day changes that happen with your
everyday money as well as do periodic, routine tasks like:
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getting your weekly allowance
recording deposits
entering credit card activity
adjusting the next payment for bills with varying payment amounts
paying bills
reconciling credit card statements
balancing monthly checking account statements
adjusting your cashflow to keep your net cashflow positive
Each cashflow space that you maintain in PerNetFlow is kept separate from all other cashflow
spaces. You can switch between cashflow spaces at any time.
Backing up/restoring a cashflow space
Taking a backup means copying one or more files to a separate location. PerNetFlow will alert
you to the need to backup the currently open cashflow space by displaying a reminder where
appropriate. You can turn this backup reminder off in a cashflow space Options dialog box, but
doing so is not recommended.
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