S4E5 Turning Your Business Into Your Own Family Bank
Steal the Show with Michael Port
00:00
The Budgeting Process Is Critical
Having an idea of what you're spending as a household is a critical first step to budgeting. So take what you think you're spending each month, isolate it in its own bank account and then spend your money from that bank account. And if you don't run out of money, then you know you have a handle on what you're Spending. If what you transfer to that bank account doesn't cover your monthly bills, well you got to re examine.
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