First, understand we are all called to be obedient & good stewards over what we are blessed with. I have not been the best steward over those blessings in my life, however in recent years, months & sometimes days I have radical experience from doing so. Mainly, I have given myself the option to dig deeper into the root of the issue that is causing me to want to stray. That’s what I want to talk to you about. It doesn’t have to be Chanel bags, it can be Starbucks, excessive spending, travel, eating bad food, and many other things that we allow to control us when life gets stressful.
My financial journey is well documented on this blog from learning how to pay off student loan debt, learning being in debt is not cute and sharing how zero budget method changed my financial outlook. As I grow my business and grow as a person my thought process about being financially independent has drastically changed. As more women and men embark on the journey of launching their business here are three monthly financial investments every business owner needs to make.
While I’m growing my business, the main goal for my personal life right now is to be debt free from all student loans and commercial debt (credit cards). As mentioned in, Establishing A Better Relationship With Money and Nice Girls Don’t Get Rich, I have been working on this for some years now. Some people will say that when you start a business it’s okay to have business owner debt and others might say that they can’t afford to get out of personal debt while simultaneously starting a business. I just wanted to share with you all, how I have cut my debt in half and will be hopefully debt free by the end of 2016.
So many people just jump head first into starting a small business with their only thought being about making money. They don’t put any time into how they will manage the money once it starts rolling in, especially not when it comes to managing how they pay themselves. Clients always ask how do I manage my income. Here’s my answer.