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EP 031 | Why Smart Entrepreneurs Do Dumb Things With Money - Part 1

Business of Design ® | Interior Designers, Decorators, Architects & Landscapers
Business of Design ® | Interior Designers, Decorators, Architects & Landscapers
Episode • Oct 25, 2017 • 52m
Why do smart entrepreneurs do dumb things with money? And more importantly, what can we do right now to make a positive and lasting change in our financial health and maturity? Money expert, Bruce Sellery has actionable advice.

In this episode we learn:
- the questions to ask yourself when you’re ready to get serious about your financial health
- how to make immediate changes to your financial strategies
- how to use a community to support your new habits
- why being financially savvy matters

Take Aways

Sustainable spending

Analyze—Review spending for two months. Note that you spend x$ on groceries x$ on your car, x$ on dining out, etc. Then look at the analytics.

Brainstorm—What are one or two things you can do differently? Don’t try to change everything at once. Identify a couple of areas that you can make a change.

Change—Implement the changes in those one or two areas.

Rinse and repeat!

Also, automate savings into retirement plan.

It’s time to take control of your business.
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