Cash Flow Management
Cash flow management is a financial concept and practice focused on monitoring, analyzing, and optimizing the movement of cash in and out of a business or project. It involves tracking income and expenses to ensure sufficient liquidity for operations, investments, and debt obligations. Effective cash flow management helps prevent shortfalls, supports strategic planning, and is critical for financial stability and growth.
Developers should learn cash flow management when working in startups, freelance roles, or managing project budgets to ensure financial sustainability and avoid cash crunches. It's essential for making informed decisions about hiring, tooling, and scaling, as well as for personal finance management in independent contracting. Understanding cash flow helps align technical work with business objectives and resource constraints.