Welcome to the 30th episode of The Boring Money Show!
It’s me, Iggy! Here to help you stay calm, print money, and have life on your terms!
In today’s episode, I want to talk about the importance of paying attention to the ebbs and flows of money in your own life or business.
This is a hard lesson that I had to swallow for one of my business ventures recently because I had so many things going on I wasn't paying as much attention to the financials as I needed to.
So much liability, so much financial drag….
So when I sat down and started reviewing the cash flow and where things were going and the ebbs and flows of what was happening,
Viola! It was eye-opening!
Then, I made it to the point that I set it as a daily reminder to review my cash flow and check it daily.
Why?
Because one of the most important things you can do, even for your personal finances, or for your business finances, or whatever financial things that you're looking at, is find out where the money is going.
How is the money going? Why am I spending money on certain things?
Trust me, it's fascinating when you sit down and examine where funds are going.
So if I were you…
Take responsibility. Make tough decisions and improve your finances.
Stay tuned as we're gonna make progress in achieving financial milestones!
See you on the inside!
Episode highlights:
00:00 Welcome to The Boring Money Show
1:21 The most important thing you can do for your personal finances.💸
3:33 Recognizing opportunities in the marketplace and arbitrage opportunities.
5:27 What are the tough decisions you have to make to put yourself in a better position?
5:48 Facing a problem and coming up with solutions.💪
7:36 Financial and personal development are intertwined. 📌
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Resources:
○ The Boring Money ROI Cash Flow Calculator: https://www.mrboringmoney.com/cashflowcalculator
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And remember… Stay calm, print money and live life on your terms.
DISCLAIMER:
All information I share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.
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