Cash Flow Vs Cash Accumulated

in #hive-16792222 days ago

Have you ever heard this question before, have $100 Million now or have $1 Million every month for the rest of your life. Some people will choose to have $100 Million right now so they can invest it or spend it the way they like, while others will choose having access to $1 Million for the rest of their lives. Lol, that’s a lot of money, this is all hypothetical just to explain cash flow and cash accumulation.

image.png

source
The ones that choose the $1 Million for the rest of their lives over the one time $100 Million believe in cash flow while the $100 Million people believe in cash accumulated. Cash accumulated only gives you security of what you can see(the present) while cash flow gives you security of the future. But I will choose cash flow because cash flow makes your wealth grow overtime and besides it provides a safety nest for you to take risks because no matter what, you are safe for life. But with $100 Million one wrong bad decision and you are back to zero.

If you have money accumulated, because of its accessibility you will find yourself constantly spending it on something which might lead to quick exhaustion of money. But with assured cash flow you are certain to never lack that’s how the rich keep getting richer because they have a sustainable source of cash flow to sponsor their lifestyle, money at hand if not strategised properly can lead to money once had at hand.

Sort:  

Congratulations @readthisplease! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You have been a buzzy bee and published a post every day of the month.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Hive Power Up Day - December 1st 2024