Personal finance for entrepreneurs – my basic tips. I’ve never been too worried about money. Now with three little ones I’m more worried about not having it. Every end of the month I am surprised again with how much we spend as a family to maintain the standard of living we have. We don’t have great luxuries either but in the end all the supposedly small expenses add up. People who are not successful usually avoid unpleasant situations so as not to have that feeling of pressure.
Don't spend your money on nonsense
Don’t spend your money on nonsense. What was clear to me years ago is that I needed to think about the pension issue. As an entrepreneur, no one will pay me a pension, so I have to job function email list take care of this matter. I have already started investing in my future but today I will not talk about myself. This would be my advice on personal finances for entrepreneurs. When I say “nonsense” I am referring above all to whims. Don’t buy a new car, don’t “invest” in your own loft studio apartment. What happens over time is the following. Your stress tolerance goes up every time you expose yourself to complicated situations.
Invest in assets that generate passive income
Invest in assets that generate passive income. Especially your own business. It is important that you do not run the risk of ruining yourself B2C Fax with the first idea you launch . It is very likely that you are going to fail so you should not have gone up to your eyeballs in debt to execute the idea you had. Do things with your head and above all with a cushion. As time goes by you will experience moments that for other people generate a feeling of anxiety as the most normal thing in the world.
