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just like we fight to maintain our country’s freedom, we must also fight for our freedom to walk in the freedom of the Lord
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Managing your money is difficult in itself – when you become a business owner, these financial challenges are two-fold. Not only do you have to manage homeownership, paying down debt, and boosting your personal savings account, but you also have to balance your business finances. This includes everything from business loans, day-to-day operations, taxes, and more. So how do you balance both at the same time? The key is to keep them separate and stay on top of each. Below is a guide to managing business and personal finances, along with how to separate the two in order to be a…
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One of the biggest concerns single moms have in transitioning from corporate to full-time entrepreneurship is, “What will happen to my finances?” This is why I’m a big believer that creating an exit strategy is essential to successfully exiting corporate in a financially responsible way. A big piece of this is building up your savings account and creating solid finances. However, a barrier to this right now is inflation because it is increasing the cost of nearly everything. With the cost of everything going up, it can be more difficult to build your savings account which is essential to having…
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While being a business owner can bring you great financial success, it can also come with a unique set of challenges – one particular challenge being buying a home. Owning your business may have helped you walk away from your job, bring in six figures, and save for a down payment, but entrepreneurs’ unique circumstances force them to approach the home buying process differently. However, don’t let the extra steps deter you from reaping the benefits of your success and achieving your dreams of purchasing a home. It all starts with understanding the mortgage process and fine-tuning your finances. Continue reading…
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For many consumers, getting rid of debt can be difficult. Debt comes in many forms,from school loans to credit cards. In wake of the Covid-19 pandemic, managing yourfinances is more important than ever. Some people have had to take pay cuts andothers lost their jobs completely. If you’re looking to get on top of your finances, beginby getting rid of your debt. Here are eight ways you can claw your way out of debt rightnow. Track your spending The first step to eliminating debt is fully understanding where your money is going.Using your monthly bank statements to list out all…
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