Planning and Tracking Income and Expenses Through Time

Most people have tried budgeting, but some eventually quit the process, saying it doesn't work for them. Another process for planning and tracking income and expenses through time is cash flow planning. The difference is that a cash flow plan shows the timing as well as the source and amount of both income and expenses. It tracks when a major expense will happen, when credit will be needed and when money will be available for use for future expenses.