To have more confidence about becoming your own boss, gain a better understanding of 3 things: 1) health insurance, 2) managing your finances, and 3) retirement saving.
There are over 30 million small businesses in the US. In fact, that’s 99.9% of all US businesses.
Thinking about going out on your own? Let’s talk about how you can set yourself up for success as an entrepreneur.
Your first year in business may not be rainbows and unicorns 🦄✨ so plan accordingly with an emergency fund. Estimate how much income you’ll need to replace to pay for living expenses. Then make a plan to start saving it. The more saved, the longer your runway.
The right bank account structure leads to better organization. Consider setting up several business accounts, each for a specific purpose:
Entrepreneurs are notorious for neglecting their own retirement! Here are some options to build up your savings:
Schedule an appointment with a Fruitful Financial Guide to talk about how you pursue your self-employment dreams.
Just starting to get your finances in order? Here are the basics: (1) Purpose (2) Specificity, and (3) Guidance. Plus, we cover 3 things you DON’T need as well.
Amidst life’s obligations, how can you figure out what you really want? Imagine you just received $5 million dollars, that’s how!