#33 Are You Making These Common Financial Mistakes?
Do you find yourself getting stumped by your finances? Or worried that youโre not planning for the future with confidence?
This is a really important episode to help you look at your finances and see if youโre making some very common financial mistakes. I know itโs inevitable that weโll make mistakes, especially when youโre new to running your own business and theyโre often a great way to learn, but mistakes with your finances can end up costing you thousands.
So today some of the common financial mistakes weโll explore are:
- Not pricing for profit
- Keep your personal banking and business banking separate
- Not saving for your taxes (including your GST!)
- Shiny object syndrome and spending big
- Not budgeting
- Running your business on a spreadsheet – make sure you invest in accounting software
Grab a pen and write these down as I explore the minefield that each can cause in your business. Youโll save yourself so much time and hassle if you have the right structure, planning, knowledge and support from the beginning.
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Connect with Lisa Turner:
Instagram: @accountedforyou
Website: https://accountedforyou.com.au/
