GSD Mode Podcast How To Manage, Budget, Invest and Track Your Finances as an Entrepreneur! Interview with Chris Peach
How To Manage, Budget, Invest and Track Your Finances as an Entrepreneur! Interview with Chris Peach. Chris is a Financial Advisor/Guru and goes deep on what Entrepreneurs can do to plan, track, measure and invest their money to continue growing their Business as well as prepare for the future!
0:01 - Introduction
2:50 - Why Chris was invited to the show again
4:50 - One third of Americans don't save anything for retirement
8:00 - What was your discipline like to get out of debt?
12:00 - How does somebody begin to start saving their money in a responsible manner?
16:30 - No one is good at saving money and living one a budget immediately, it takes practice
19:40 - Do you recommend starting within your business and then your personal life, or both at the same time?
24:10 - Money spent isn't always money wasted
29:50 - What is step 2 after you've started tracking money coming in and money going out? Can you discover where your money is specifically coming from?
34:50 - You have to be setting aside reserves for yourself and your business
42:00 - The importance of keeping reserves in Joshua's personal life
44:10 - Where do you grow once you have your reserves and budget made?
53:00 - How concerned should people get with their monetary ups and downs?
56:00 - How do you feel about someone trying to get into real estate investing?
58:50 - Any tips for picking a good health insurance plan?
1:05:00 - Do you take precautions for worst-case scenarios, such as life insurance?
1:13:00 - How important is having a life insurance policy and a plan for your family?
1:15:00 - What are some products you offer and the best place to reach you?
1:18:30 - Advice for aspiring entrepreneurs
Previous Episode: https://www.youtube.com/watch?v=NrTqtV4f-aI&t=1s
Facebook: https://www.facebook.com/chrisjames2001
Podcast: https://itunes.apple.com/us/podcast/money-peach/id1132260670?mt=2 Website: http://www.moneypeach.com/