Exclusive Interview: Understand Cash Flow From The Expert Before Earning Money | Paisa Live
CA Jagmohan Singh discussed the importance of cash flow management, particularly after a client expressed thoughts of suicide due to financial stress. He emphasized that poor cash flow management can lead to significant crises in business. Understanding the difference between profit and cash flow is crucial, as many businesses generate profits while struggling with cash shortages. Singh highlighted the necessity of effective cash flow management for achieving financial independence and advised taking small steps to ensure stability in business operations. Proper money management is essential for balancing expenses, savings, and profits. Often, individuals fail to manage this aspect effectively, but having a solid understanding of cash flow can lead to better financial decisions. For comprehensive insights, watch the full interview with cash flow expert CA Jagmohan Singh.