Ask Jennifer: Managing Cash Flow

Jennifer Lane of Compass Planning has financial advice.

Every Tuesday on NECN, Jennifer Lane of Compass Planning answers your financial questions.

This week, Lane gives advice about managing cash flow.

It can be a challenge, even when you have a good income.

"I have problems budgeting and living within my means," wrote George in Weston, Massachusetts. "I work hard and have a pretty good paying job, but i still have credit card debt. Is a consolidation loan my best option?"

"The consolidation loan is just going to result in more debt if you haven't balanced the budget first," explained Lane.

If you have a question for Jennifer, send it to jennifer@www.necn.com. She might answer it on air!

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