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Broke or Bad at Budgeting? The Financial Wake-Up Call Every Entrepreneur Needs
Manage episode 489758175 series 3407257
Ever looked at your bank account after a "successful" month and wondered where all the money went? You're not alone. Financial chaos isn't just common among entrepreneurs – it's practically a rite of passage. But it doesn't have to be.
Truth bomb: most entrepreneurs don't have business problems, they have money mismanagement problems. Behind those Instagram-worthy business moments – the invoicing, branding, and fancy coffees – lurks a different reality. You're robbing Peter to pay Paul. Your income swings wildly from month to month. And let's be honest, you probably couldn't name your monthly business expenses if your life depended on it.
The P.A.I.D.S method changed everything for me when I was making more money than ever but somehow ended up nearly broke by year-end. This simple framework (Pay yourself first, Automate your tracking, Invest in expertise, Divide your income strategically, and Set monthly financial goals) provides the financial foundation so many of us were never taught. Combine this with practical tools like Wave for bookkeeping, Google Sheets for budgeting, and weekly money check-ins, and you'll transform your relationship with business finances.
Remember, wealth isn't about how much you make – it's about how much you keep, protect, and multiply. This isn't just about surviving as an entrepreneur; it's about creating true freedom through financial discipline. Download our free financial reset checklist at notjustcandletalk.me and join the conversation about the financial realities we all face. Your future self (and bank account) will thank you.
Collect all free downloadable checklist and access to other items including the featured Stanley on the go tumblers. https://linktr.ee/notjustcandletalk
Chapters
1. Broke or Bad at Budgeting? The Financial Wake-Up Call Every Entrepreneur Needs (00:00:00)
2. Financial Wake-Up Call Introduction (00:00:43)
3. Five Financial Mistakes Entrepreneurs Make (00:02:29)
4. My Personal Financial Breakdown Story (00:07:18)
5. The P.A.I.D.S Method Blueprint (00:09:59)
6. Helpful Financial Tools and Resources (00:12:34)
7. Final Thoughts and Free Resources (00:14:34)
39 episodes
Manage episode 489758175 series 3407257
Ever looked at your bank account after a "successful" month and wondered where all the money went? You're not alone. Financial chaos isn't just common among entrepreneurs – it's practically a rite of passage. But it doesn't have to be.
Truth bomb: most entrepreneurs don't have business problems, they have money mismanagement problems. Behind those Instagram-worthy business moments – the invoicing, branding, and fancy coffees – lurks a different reality. You're robbing Peter to pay Paul. Your income swings wildly from month to month. And let's be honest, you probably couldn't name your monthly business expenses if your life depended on it.
The P.A.I.D.S method changed everything for me when I was making more money than ever but somehow ended up nearly broke by year-end. This simple framework (Pay yourself first, Automate your tracking, Invest in expertise, Divide your income strategically, and Set monthly financial goals) provides the financial foundation so many of us were never taught. Combine this with practical tools like Wave for bookkeeping, Google Sheets for budgeting, and weekly money check-ins, and you'll transform your relationship with business finances.
Remember, wealth isn't about how much you make – it's about how much you keep, protect, and multiply. This isn't just about surviving as an entrepreneur; it's about creating true freedom through financial discipline. Download our free financial reset checklist at notjustcandletalk.me and join the conversation about the financial realities we all face. Your future self (and bank account) will thank you.
Collect all free downloadable checklist and access to other items including the featured Stanley on the go tumblers. https://linktr.ee/notjustcandletalk
Chapters
1. Broke or Bad at Budgeting? The Financial Wake-Up Call Every Entrepreneur Needs (00:00:00)
2. Financial Wake-Up Call Introduction (00:00:43)
3. Five Financial Mistakes Entrepreneurs Make (00:02:29)
4. My Personal Financial Breakdown Story (00:07:18)
5. The P.A.I.D.S Method Blueprint (00:09:59)
6. Helpful Financial Tools and Resources (00:12:34)
7. Final Thoughts and Free Resources (00:14:34)
39 episodes
All episodes
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