Manage episode 232567012 series 1923829
In episode 152 of Financially Simple, Justin considers how often small business owners should go over their budget.
Life happens, and when it does it can require you to reprioritize certain things - and inevitably, that is going mean checking your finances. Justin looks at why and when you as a small business owner should evaluate your budget.
01:11 - How Often Should I Evaluate My Budget?
02:03 - 12 Times You Should Consider It
02:13 - When You Get a Raise
02:55 - When You Take a Pay Cut
03:15 - Lose of a Job
03:50 - If Your Emergency Fund Drops
04:22 - Having a Baby
04:53 - If You Get Married or Move In Together
05:25 - If You Get Divorced or Move Out
05:50 - When You Buy a Property
05:58 - If You Relocate
06:46 - Once You’ve Paid Off Your Debt
07:18 - After a Major Tragedy
08:04 - When You Receive an Inheritance
08:32 - Summary
Financially Simple podcasts are recorded on:
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The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States. Host Justin Goodbread is a serial entrepreneur, CFP (Certified Financial Planner), CEPA (Certified Exit Planning Advisor), CVGA (Certified Value Growth Advisor), Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional.
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