Katherine North – Money in the Bank

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Katherine North – Money in the Bank

Money in the Bank
How to manage your money so you always have enough (even as a creative entrepreneur)
Too many creative entrepreneurs…

Live in a state of constant panic

Are afraid to even know what’s going on with their money

Keep blindly buying programs & hiring coaches

Worry whether their families will be okay

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Wonder if they should just give up and get a job

Have to offer huge discounts to bring $$$ in the door

Rack up scary amounts of credit card debt

When you get a handle on your money, you…

Feel calm and in control, even during lean months

Always have enough for your household bills

See what expenses and income are on the horizon

Enjoy your freedom (isn’t that the whole point?!)

Easily have enough set aside to pay your taxes

Rest easy because you have safety nets in place

Know when to hold on to your cash, and when to invest in your business
Most money advice is aimed at people with JOBS (and SALARIES).

The ‘experts’ work off the assumption that you get a predictable regular paycheck and that the only way you can grow your net worth is by a slow and gradual increase in that income over decades. And then you’ll stop working and retire.

So they all have the same advice: you need to save, play it safe, and follow the rules.

But an entrepreneur (or freelancer, or creative, or solopreneur) breaks all those rules!

(Gleefully is how we break those rules! Hi, have we met? I don’t have a compliant bone in my body.)

Our income can swing WILDLY from month to month. And if we play our cards right, our businesses have the potential to bring in exponentially more income in the coming years.

But without careful management, our businesses also have the potential to rake up debt, eat up our savings, and leave us in a perpetual state of desperate panic.

Has this ever happened to you?

You make a huge sale, and in a pink glow of visionary zeal, you invest all that money back into the business! You buy new equipment! A new website! A high-end coaching program! …and then two months later, you’re scrambling to pay yourself, your employees, and OH YEAH what about the taxes?!

It doesn’t have to be this way.
You know the standard advice.

Max out your 401K, take your company match.

Get a 30-year fixed mortgage, put 20% down.

Cut out lattes, save $50 million for retirement.

Cut up your credit cards, don’t ever take on debt.

Get Katherine North – Money in the Bank download