Introduction
Overview
What is Money Mapping?
Money Mapping was developed as an evolution to traditional money management practices that have been found effective, but limited.
The team at the Cashflow Co and Moolah have spent the last 6 years (since 2019) testing, developing and refining a set of personal finance skills practicedroutinly that help people fund the life they want.
It's build on 3 core principles:
1️⃣ Nurture your north star
Maintain a compelling set of goals that gives your money greater purpose and guides how you map current and future savings.
If you don’t know what upcoming savings will do, it’s more likely to get ‘wasted’.
2️⃣ Scan the terrain ahead
Always have line of sight on future months and years so you can foresee expenses predict timelines for goal achievement.
Without foresight, more things come as a ‘surprise’ and goals feel more distant.
3️⃣ Navigate changing conditions
Routinely assign new money to this set of goals while also spending on things you value.
When dollars are aimless, trade-offs between wants become unclear and lower priority consumption occurs.
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