Many people struggle with their finances simply because they lack direction. I encourage you to sit down and think about your short-term, mid-term, and long-term goals. Trust me, once you clarify your objectives, managing your finances will become a lot easier.
We also explore the four key metrics you need to understand to manage your cash flow effectively:
Income: What you take home each month.
Expenses: Most people underestimate their spending—are you one of them?
Taxes: Understanding your tax liability is crucial, especially if you have complex income sources.
Surplus: The amount left after accounting for income, expenses, and taxes.
I break down how to nail down these numbers and why they are essential for creating a solid financial plan. Plus, I share my recommendations for budgeting strategies tailored to your income level, whether you’re a high-income earner or just starting out.
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✅ Financial planning for 30-50 year old entrepreneurs: https://www.allstreetwealth.com
✅ My personal blog & newsletter: https://www.thomaskopelman.com
Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.
