Remove Credit Card Remove Expenses Remove Health Remove Networking
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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

Success

Commit to a regular workout routine such as yoga or running to improve your health and feel great. Calculate your monthly income, track your spending, determine your goals and priorities and develop a plan to manage your expenses. Empower yourself to live debt-free by paying down high-interest debts such as credit cards.

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3 Steps to Take Before Going Into Business for Yourself

Success

Before going into business for yourself, you should have an account set aside to save for these additional expenses. Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. If that’s not an option, you’ll need to get on a health insurance plan for self-employed individuals.

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Lessons From Past Recessions

Success

How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Many wait until after a job loss to sharpen their existing skills or reach out to their network.

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44 Ways to Kick-Start Your New Year

Success

I want to evaluate my cost-of-living expenses and see where I can cut back. I just started my own business, and I want to evaluate my income versus my expenses to see where I am currently, with the ultimate goal of hitting the salary I want to make. Refresh your network. Pull up those numbers and refresh your network!

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16 Rich Habits

Success

Stay away from accumulating credit card debt. Try to stash six months of living expenses in an emergency fund in case you lose your job or your business goes belly-up. Network and volunteer regularly. Almost three-quarters of wealthy people network and volunteer a minimum of five hours a month.

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Grow Your Business With These Eight Processes Every Business Should Have

Stephanie LH Calahan

Have a reliable way to understand the expenses and assets that your business has.    Co-mingling is when your personal and business finances are mixed--either through a bank account or credit card.    Or, network with a CPA or a book keeper and hand off the book keeping completely! . 

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Top 5 Tips on Building a 6 Month Cash Reserve

The Small Business Blog

Build your own network! Add up all your monthly expenses so you can estimate how much money you will have left each month. The best tip from my point of view would be to avoid unnecessary expenses. While trying to keep up with Jones’ people eventually rack up huge credit card bills and are screwed.

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