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

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. Become a member of Business of Design®, today: https://businessofdesign.com/?ref=2&campaign=podcast