Are you tired of riding the cash flow rollercoaster in your architecture or engineering firm? Inconsistent cash flow can create financial stress and make it hard to plan for the future. In this post, we’ll explore five practical steps to smooth out the ups and downs of cash flow—bringing you closer to financial clarity and peace of mind. From billing strategies to cash flow forecasting, these tips will help you achieve the financial stability you need to focus on growing your business.

I remember having a conversation with Ryan when we were first dating, saying I just wanted to be able to go buy groceries without: 1) checking my bank account balance first, and 2) having a calculator out the whole time to make sure I didn’t overspend.

Organizing your cash flow for your business or personally, leads to:

Peace of Mind - Knowing how much money you should have in your bank account at any time

Clarity - You aren’t left guessing about what you think is happening

Better Decisions - Insight into the future means better decisions today

Being Prepared - When you know what is coming, you can prepare to handle it

With as few as two clicks (Amazon's "Buy Now" option) you can be the proud new owner of a pair of shoes you bought completely on impulse which you might not be able to afford. Here are 5 ways to add friction into your financial life to reduce your tendency to overspend:

Retailers are masters at minimizing friction to encourage you to make purchases. When it comes to managing your finances, you can use this concept in reverse. You want to make it harder to spend money or make decisions that run counter to your goals. Or at least create enough friction that you pause and think before making the purchase.

One of the biggest challenges in managing your finances comes from the variability and unpredictability of certain expenses.

How can you possibly keep track of everything while also living your life?

It can be substantially more difficult to master your cash flow when you have variable income. How can you make sure you have a plan to balance things out at the end of every month, when every month is slightly (or maybe majorly) different? Today we’ll walk through my primary strategies for answering that question.

Financial Freedom. It’s a term that gets thrown around a lot, but do you know what it means? Everyone’s definition may vary slightly, but at its core, it means you are not constrained by money. You have put yourself in a position where you can make choices based on your values, not your bank accounts. There are three primary skills you need to master to achieve financial freedom: Cash Flow, Planning, and Investing.