Revenue, is the one surprising metric you should really stop focusing on in business. Revenue is misleading since revenue alone doesn’t indicate profit. When you focus on controlling costs instead, you set yourself up for business success. Here’s why that matters: when your business is successful, it translates to personal financial success and growth as well.
Managing money as a household it challenging. Surprisingly, it can be even more challenging when the woman makes more. And given that the woman makes more in most of the couples I work with, I wanted to share some of the top challenges I see and ways to cope with them.
If you’re in the early stages of starting a small business, it can be overwhelming to figure out where to invest your limited cash and resources. Here are some tips for discerning what to focus on and what to skip for now.
This is a challenging time for us all. There’s misinformation everywhere and the news and government responses are changing so fast that it can be too much to keep up with. If you’re struggling to navigate your finances since being impacted by covid-19, have lost your job, or are worried about income changes in the future, I am offering a free financial planning session to you.
News continues to move quickly regarding covid-19, and it feels like so many things are out of our control. However, now is not the time to be making drastic changes to your investments without a professional. I understand the fear of seeing wild swings in the stock market, and I understand the deep need to feel like you’re doing something, taking action, or putting in place some protections for yourself. Start by naming what you’re feeling as a first step.
COVID-19 is affecting employment, economic growth, markets, and our health. It’s scary and there’s a lot of anxiety out there, especially around finances. However, when we focus on the things we can control, it can help us get through this difficult time. Here is a list of things to consider with your finances as well as potential relief programs.