EPISODE 140 : How to create a successful savings plan

Picture this for a moment : your business is flourishing, you’re turning your dreams into reality, and you have the freedom to face any economic change that comes your way with confidence. Now, hold onto that vision, because attaining such financial stability is well within your grasp! In fact, it's not an elusive dream but a practical and achievable reality – all it takes is a powerful savings plan.

Unveiling the true potential of your business pursuits begins with understanding the significance of a well structured and deliberate savings plan.

If the current economic climate has taught us anything, it’s that being prepared for change is essential. A savings plan helps you weather unexpected storms, economic downturns, or sudden market shifts without jeopardising the future of your business.

Neglecting your finances and putting off a savings plan can be detrimental. The longer you ignore your financial situation, the harder it becomes to make real change and secure your business's future. Let’s chat savings plans.

Take a listen. A x

Key moments throughout the episode ...

• Step one : Assess your current financial situation PLUS actionable steps to do this [02:16]
• Step two : Set clear savings goals PLUS actionable steps to do this [06:59]
• Step three : Open a separate savings bank account PLUS what you should look for in an account [09:23]
• Step four : Set savings withdrawals on automatic [10:44]
• Bonus Point : Regularly review financial goals and progress and make adjustments as needed [11:52]

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