How to Pay Yourself Personally as an Entrepreneur Let me guess, you’re struggling with taking random amounts from your business to cover your personal expenses? You have yet to pay yourself as an entrepreneur, consistent amounts, from your business? You’ve probably been in business for a while and it’s affecting your confidence with how you’re … Continue reading How to Pay Yourself Personally As An Entrepreneur
How a Multiple 6-Figure Financial Coach Manages Her Money Curious how I manage my money as a financial coach and small business bookkeeper? How I Pay Myself as a Self Employed Person I pay myself twice a month from my business, on the 1st and 15th of the month. It is super important to me … Continue reading How a Financial Coach & Bookkeeper Manages Her Money
How to Separate Your Personal and Business Finances- Without Overdrawing Your Account Not having these separated, is actually one thing that is enabling you to be stuck in this situation. When you separate your personal and business finances, you have the clarity of where you are at financially which makes it a lot easier … Continue reading How to Separate Your Personal and Business Finances- without overdrawing your account
How to Prevent Fraud & Identity Theft (& Save You Tens of Thousands) Are your finances naked and exposed? Are you risking everything you’ve built because you haven’t taken any precautions to protect your money from fraud or identity theft?!? I often see people who have fraudulent activity that has happened to them. It breaks … Continue reading How to Prevent Fraud & Identity Theft (& Save You Tens of Thousands)
What Should I Contribute to - an RRSP or TFSA? Most Canadians have heard of investing- but there is still a lot of confusion on how to invest properly. One research study conducted by TD Bank Group shows “that 40% of people who don't feel confident have never sought out resources to learn about personal … Continue reading What Should I Contribute to – an RRSP or TFSA?
The Best High-Interest Savings Accounts & Canadian Banks Savings accounts are a necessary piece to everybody's financial picture. This type of account can be used to set money aside to pay debts, save for emergencies, travel, property and to enjoy life. Where should I put my savings accounts? Having one savings account can be … Continue reading Best High Interest Savings Accounts & Canadian Banks
How to Build Up a 3-Month Emergency Fund The first goal you should have before building a 3-month emergency fund is first building it up to $1000 and then continuing from there. It can seem like a daunting task building up your emergency fund to 3 months of expenses, so I suggest creating fun … Continue reading How to Build Up a 3-Month Emergency Fund
13 Ways to Pay Off Your Mortgage Years Sooner Important Note: First make sure you know how much extra you can put down on it a year and what the rules are around that. You don’t want to put extra down and find out that you now have to pay a penalty. 1) Get … Continue reading 13 Ways to Pay Off Your Mortgage Years Sooner
17+ Ways to Save Money Right Now Choose a no-fee bank so you can save money and don’t have to pay banking fees. I know it might seem like a pain to switch banks, but believe me, the “little” fees aren’t worth it! I did the math comparing how much I had saved over … Continue reading 17+ Ways to Save Money
How to Budget with a Variable Income A concern that I commonly from potential coaching clients as I am an online financial coach and cash flow management strategist is, “ya budgeting and cash flow management sounds great and all, but I have a varying income, so I can’t budget.” I have actually never had … Continue reading How to Budget with a Variable Income
