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Pay Yourself First, Not Last
Manage episode 451138954 series 3594635
Innehåll tillhandahållet av Samantha Eck | Bookkeeper for Creatives. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Samantha Eck | Bookkeeper for Creatives eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
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Welcome back to the Creative Minds Smart Money Podcast! In today’s episode, we’re covering one of the most essential (and often neglected) parts of running a business: how to pay yourself.
Join Samantha as she breaks down:
- The different ways to pay yourself depending on your business structure (and why S-Corps require you to take a reasonable salary!).
- Why understanding cash flow and profit is key to figuring out how much to pay yourself.
- The golden rule for paying yourself: 30-50% of your monthly profit.
- How to save for taxes (because Uncle Sam always wants his cut).
- The importance of setting up a routine so your pay is consistent.
- And finally, the mindset shift: paying yourself is NOT a luxury—it’s an absolute must.
Ready to start paying yourself properly? This episode gives you the step-by-step breakdown.
Connect with Samantha:
Website: https://www.firestormfinance.com/
Instagram: https://www.instagram.com/firestormfinance/
Threads: https://www.threads.net/@firestormfinance?hl=en
Pinterest: https://www.pinterest.com/firestormfinance/
Newsletter: https://firestormfinance.myflodesk.com/ajmiv1kyt1
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