Managing cash flow effectively is an important key to a steadily growing net worth.

1. On Wealth Management
Your Money - It's Personal
~Quick Takes On Making The Most of What We
Have ~
Silver Oak Wealth Advisors manages client assets,
along with the financial decision-making concerning all
of the client's financial resources and obligations toward realizing
their vision for the future.
If Lifestyle Is Just a Cash Flow, Then
Joel Framson & Eric Bruck, Debt Can Stop the Flow
Principals
Quick! Name one point of focus for gauging the
"The prime purpose of
progress of your life-long financial goals! Where
Wealth Planning
& Management
would you look?
is to enable our Client
to create and sustain Given the hurricane of financial stress our
a better life." finances have endured over the past year, it is
even more vital that certain simple principles are
remembered and observed.
Silver Oak Wealth Advisors, LLC
Many pieces of the puzzle we recognize as our
Click here to learn more financial life are crucial to our financial well
about Silver Oak... being in their own rights. Plus, importantly, each
area is uniquely dynamic, interacting and
impacting on every other based on our daily
financial decisions.
The single most important guage, simply stated, is
the growth of equity relative to debt, i.e., the
growth of personal net worth.
Debt Can Be An Albatross
Lifestyle needs in retirement (net of Social

2. Security and other fixed income streams) will be
funded from net assets. Any debt
service added to lifestyle expenses adds demands
on a portfolio and thus limits the safe level of
spendable income it is able to generate.
Debt can be the albatross that holds down
accumulation or preservation of net worth and
weighs heavily on fiscal and emotional peace of
mind.
There are two basic keys to avoiding the debt
trap.
1) Spend less than you earn (no matter how tight
things become during tougher times); invest/save
the difference to grow net worth according to a
financial plan to the level that can secure
financial independence.
2) Do not borrow without: a) a finite (short)
payoff plan, or b) earmarking the proceeds for a
specific purpose involving investment leverage.
An expected return should significantly exceed
the cost of borrowing, and the term of debt
service should be predefined.
Every financial decision and action impacts net
worth. Daily spending decisions and actions result
in a monthly surplus or deficit and, ultimately,
impact your retirement security.
As always, please feel free to call or e-mail us
with any questions.
Best personal regards,
Eric & Joel