CASH IN & OUT

• Business
• 10-12 Grade

Define Cash Flow in your own words:

What are examples of ‘Cash In’ (Income)? List at least three:

https://www.youtube.com/shorts/e0vx2GzFzS4

What are examples of ‘Cash Out’ (Expenses)? List at least three:

Single Source of Income – Scenario

John works a 9-to-5 job earning $4,000 per month. Here are his monthly expenses:
Taxes: $800, Rent: $1,200, Car Payment & Insurance: $500, Groceries & Utilities: $600. Savings: $200, Entertainment: $200

Calculate John’s Net Cash Flow: Total Income: $________, Total Expenses: $________ Net Cash Flow: $________

Is John relying on one or multiple streams of income? Explain why this could be risky:

Multiple Streams of Income – Scenario John adds:
• Side Hustle (Photography): $1,000/month
• Stock Dividends: $200/month
• Airbnb Rental Income: $800/month

Calculate John’s New Cash Flow: Salary: $4,000, Side Hustle: $1,000, Dividends: $200, Airbnb: $800

Total Income: $________

John’s Expenses (same as before):
• Taxes: $800, Rent: $1,200, Car Payment & Insurance: $500, Groceries & Utilities: $600
• Savings: $200, Entertainment: $200, Business Expenses (Photography): $200

Total Expenses: $________, Net Cash Flow: $________

How did John’s cash flow improve after adding multiple streams of income?

List three advantages of having multiple streams of income:

What kinds of expenses could be tax-deductible if you had your own business? List at least two:

What is one income source you would like to start (side hustle, investment, or business)? Describe it briefly:

What is one small step you can take this month to get started?

How could you use your skills (art, music, sports, writing, tech, etc.) to create a source of income?