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Using Money as a Tool & Leaving Emotions Behind | Ep 3
Manage episode 358687949 series 3455678
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Today, I’m emphasizing the importance of looking at money as a tool and taking emotion out of finance, how Personal finance is 80% behavior and 20% knowledge, and why it's crucial to understand income, expenses, and break-even points to manage finances effectively.
You’re now tuned into Tender, Love, and Cash - The place where ambitious men and women turn to for business strategies that not only skyrocket their profits, but also position them to serve the masses and make money doing what they love. I can’t promise to always tell you what you want to hear. But I’ll guarantee you’ll get the guidance you need to hear to launch, grow and build the business of your dreams with confidence! Hosted by Amber Anthony.
Download the "Where's My F*cking Money" Spreadsheet!
Timestamps:
(1:47) - Financial literacy is crucial, but many are lacking this
(2:50) - Knowledge isn't going to completely set you up for success
(7:01) - Know your daily break-even point
(8:36) - Either you’re a valuable or a depreciating asset
(12:06) - Manage your household finances like a business
(15:02)- Master financial fundamentals: record keeping, attention to detail, and planning
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