Wednesday Feb 05, 2025

EPISODE 158 : Stop mixing your money (business vs personal) : Here’s why it matters

Hey friend, welcome back!

After receiving a flood of DMs about separating personal and business finances, I knew I had to dive deeper into this topic. It might seem like common sense, but trust me—so many business owners get this wrong, and the consequences can be costly.

In this episode, I’ll break down:

✅ Why mixing business and personal finances is a financial disaster waiting to happen
✅ The legal risks (and how to protect your personal assets)
✅ How keeping things separate makes tax time way less stressful
✅ The power of building business credit—and why lenders care about it
✅ Practical, actionable steps to clean up your accounts and take back control

If you’ve ever found yourself wondering, "Does it really matter if I use my business card for personal expenses?"—then this episode is for you. Let’s get your money in order so you can grow your business with clarity and confidence!

🎧 Hit play now and let’s dive in!

 

Resources as mentioned throughout the episode ..

🔗 Getting Started with Xero mini course

🔗 Getting Started with Quickbooks mini course

Comments (0)

To leave or reply to comments, please download free Podbean or

No Comments

Copyright 2020 All rights reserved.

Podcast Powered By Podbean

Version: 20241125