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b"https://www.youtube.com/watch?v=OzJWgFvJ5AI\\n\\n\\n\\n\\n\\n\\n\\n\\nThis budgeting tool has really helped me prepare for my future and minimise my overwhelm and anxiety and manage my finances. That is a cash flow calendar. \\n\\n\\n\\nWhat is a cash flow calendar and how can you use one in your life?\\n\\n\\n\\n0:29 - What is a cash flow calendar?1:40 - How do you create a cash flow calendar?3:27 - What to do once you've created your cash flow calendar5:34 - How this helps relieve my anxiety and prepare for my future\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nHow I Got Myself Into Debt\\n\\n\\n\\nHow I Am Paying Off Debt\\n\\n\\n\\nTranscription:\\n\\n\\n\\nRyan 0:03hi ryan here from onproperty.com.au helping you achieve financial freedom in today's episode i want to talk about a budgeting tool that has really really helped me over the last couple of months to prepare for my future to minimize my overwhelm and anxiety and just really helped me to manage my finances and that is a cash flow calendar so in this episode i'm going to talk about what a cashflow calendar is and how you can use one in your life so what is a cashflow calendar uh well it is basically what it sounds like it's a calendar of the year where you map out your cash flow so you map out your incoming income and you map out your outgoing expenses as well so as you'll know that there are things throughout the year that you don't have to pay every single week or every single month but you have to pay them in one lump sum maybe once a year maybe twice a year whatever it may be so something like car registration is a perfect example where it tends to come around once a year for most of us you can do it six months as well and if you're not expecting this and you get hit with a bill for car registration or for health insurance or for whatever it may be and you haven't put the money aside then that can put you in a really difficult financial position so taking the time to create a cash flow calendar has been really useful for me both with my expenses as well as my plan to pay off debt and can be really useful for you as well so how do you create a cash flow calendar well for me what i did was i jumped into excel and i created an excel document i actually use google sheets because it's free and easy to use and i can access it from any website i mean from any computer and so basically go into google sheets and i would create the 12 months of the year and then down the column the first column i would just list all my major expenses so i would list my car registration i would list car insurance health insurance i would also list monthly expenses as well so like internet and my phone bill quarterly expenses like electricity and gas bills as well as something that you would put in there and then for me as well i also listed my debt repayment so when i have to pay back certain debts when i have to pay interest which is monthly as well as when i have to pay the full amount of particular debt as well so basically i took the time to map out across the entire year what all of my major expenses will be as well as what my ongoing expenses are so things like i have a weekly discretionary budget so i have a certain amount of money that i give to myself each week that i can spend on things like petrol food going out etc i put that into the cash flow calendar as well as a monthly figure so basically i spend the time to map out my entire year and that gave me totals for each and every month as well as totals for the entire year and that then allows you to prepare for the coming months so if i can see that this month i don't have many expenses and i've got a bit of extra money but i know that registration is coming up in four months time then i can prepare for that and say okay do i have enough money to pay for registration and so once i've created my cash flow calendar what i then do is look at all of my major expenses and look at how much do i need to save in order to be able to pay for those expenses so i put it i put them all into a chunk that i call bi..."