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12: How to Stop Overspending In Your Business: 3 Part Framework for Making Financial-Based Decisions
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While there are things that we need to invest in to grow and sustain our businesses, overspending in your business is making it harder for you to scale.
Because at the heart of overspending is a lack of skill around how to make the right financial investments at the right time, which leads to joining the wrong offers and not getting the return on your time and money.
Investing in another coach because you “should have a coach” or because all of your biz besties have doesn’t mean it’s the right investment for you right now.
In today’s episode of Harmonious Wealth, I’m guiding you through the 3-step framework for how to make financial-based decisions so you can stop overinvesting, confidently invest in the right offers at the right time, and actually see a return on your investment every time.
03:12 — The exact questions to ask yourself to quickly determine if the offer is right for you right now
09:18 — 3-step framework to use to evaluate an investment and understand the short- and long-term affects on your business
18:37 — How to use cashflow planning to understand your financial outlook
📚MENTIONED IN THIS EPISODE
• Cashflow Planner: lovelyfinancials.com/planner
• Profit First: https://amzn.to/3UQRFjE
🎉Enter the Harmonious Wealth Hour Giveaway!
3 people will win a 1:1 Harmonious Wealth Hour call where we will identify your biggest financial goal for the next 12 months and create a plan for you to achieve it!
- Subscribe to Harmonious Wealth on YouTube and your favorite podcast app
- Leave a review on Apple Podcasts
- Take a screenshot of the review and submit in the Review Form here so we can email you if you win
You have until Thursday, April 25th to enter and we'll select three winners, who will be notified by email!
💸Register for the Free Webinar: Your Revenue Goals Don't Matter If You Don't Have the Lifestyle and Legacy Plan to Show for It
lovelyfinancials.com/openhouse
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Email Series - Heal your relationship with money and grow wealth through your business. Each week you'll receive tips on how to face your money, improve your profit, manage the money you have and, more importnately, harness the wealth within through your faith.
Bookkeeping - Receive bookkeeping with NO tax surprises
Profit Planning Intensive - Increase your profit by 25%
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