Everyone has a dream. But sometimes there’s a gap between where we are and where we want to be. True, there are some people who can bridge that gap easily, on their own, but all of us need a little help at some point. A little boost. An accountability partner. A Snooze Squad. In each episode, the Snooze Squad will strategize an action plan for people to face their fears. Guests will transform their own perception of their potential and walk away a few inches closer to who they want to become ...
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#6 How much should I take from my business for myself?
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Manage episode 279894520 series 2838867
Content provided by The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
#6 Melissa asks: I’m Melissa. As a full-time entrepreneur myself, I often find a difficulty in deciding how much monthly income to re-invest into my business and not OVERDO IT. This reminds me of why I often lose at the board game "Monopoly", ha! Because I'll spend every last dollar on buying up houses and hotels and when I fall on someone else's property, I don't have the money to pay them. And it's a downward spiral from there, haha. Anyway... I'm sure you know just as well as I do that our businesses are our babies and sometimes we think we aren't feeding them enough to grow as fast as they can. But at times, over-investing can cause immediate problems. What should I do to find a balance between re-investing as a business owner and putting money aside? Related resource: https://www.katsonga.com/wealthblog/qa-how-much-money-should-i-take-out-of-my-business-every-month-to-spend-on-myself Ask me a question: https://www.katsonga.com/coach.html Choose a book: https://www.katsonga.com/mybooks.html Support the podcast: In $: https://www.buymeacoffee.com/TheMoneySpot In £: https://www.patreon.com/TheMoneySpot Your way: https://www.paypal.me/katsonga
…
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51 episodes
MP3•Episode home
Manage episode 279894520 series 2838867
Content provided by The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
#6 Melissa asks: I’m Melissa. As a full-time entrepreneur myself, I often find a difficulty in deciding how much monthly income to re-invest into my business and not OVERDO IT. This reminds me of why I often lose at the board game "Monopoly", ha! Because I'll spend every last dollar on buying up houses and hotels and when I fall on someone else's property, I don't have the money to pay them. And it's a downward spiral from there, haha. Anyway... I'm sure you know just as well as I do that our businesses are our babies and sometimes we think we aren't feeding them enough to grow as fast as they can. But at times, over-investing can cause immediate problems. What should I do to find a balance between re-investing as a business owner and putting money aside? Related resource: https://www.katsonga.com/wealthblog/qa-how-much-money-should-i-take-out-of-my-business-every-month-to-spend-on-myself Ask me a question: https://www.katsonga.com/coach.html Choose a book: https://www.katsonga.com/mybooks.html Support the podcast: In $: https://www.buymeacoffee.com/TheMoneySpot In £: https://www.patreon.com/TheMoneySpot Your way: https://www.paypal.me/katsonga
…
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51 episodes
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