How to manage your money and life like a business: build your financial EQ

March 16
44 mins

View Transcript

Episode Description

In this episode I'm talking about a piece of advice that has come up over and over again in conversations about money in recent months, which is this: manage your money and your life like its a business and you're in charge.

Developing emotional intelligence around your money is a critical part of being good with money – but we're not taught how to do it. Starting with this business-style approach to managing your money helps you see it like a tool, rather than an extension of your identity or a representation of your worth.

Highlights:

  • Treating your life like a business to give you the clarity you need for success
  • Allocating funds to your different life "departments"
  • Being proactive and reactive accordingly
  • Investing in growth and efficiency
  • Adopting a "margin mindset"
  • Identifying when your lifestyle isn't viable (and what to do instead)
  • Viewing things from a big picture perspective by taking an annual approach to expenses

ORDER THE WARDROBE PROJECT!

ORDER MY FIRST BOOK, GOOD WITH MONEY

Where to find me

Website: https://thebrokegeneration.com/
Instagram: https://instagram.com/the.brokegeneration
TikTok: https://www.tiktok.com/@the.brokegeneration  

Sign up to The Glue: the money psychology and mindset newsletter www.thebrokegeneration.com/subscribe, where you’ll also get your free Financial Values workbook.

See omnystudio.com/listener for privacy information.

See all episodes