6 Essential Cash Flow Optimization Techniques
- Automated Bill Payments: Set up automatic transfers to avoid late fees and improve your credit score while earning cashback rewards.
- Emergency Fund Laddering: Structure your emergency savings across multiple high-yield accounts for maximum liquidity and returns.
- Debt Avalanche Method: Pay off high-interest debts first to minimize total interest paid and accelerate your path to financial freedom.
- Tax-Loss Harvesting: Strategically sell losing investments to offset capital gains and reduce your annual tax burden legally.
- Cashback Credit Card Stacking: Use multiple rewards cards strategically to maximize cashback on different spending categories.
- Side Hustle Income Streams: Diversify your income with proven methods that generate passive revenue alongside your primary job.