Tea with Coach T. Tv Ep #7: How I Used These Strategies to Create an Effective Financial Plan

Organize and Prioritize to Simplify Lives


How I Used These Strategies to Create an Effective Financial Plan

4 Key Elements to Financial Planning


Mindset - Management - Money

Today I'm spilling the tea about financial planning


Why is a Financial Plan Important For Your Business?

A well-put-together financial plan can help you achieve greater confidence in your business while generating a better understanding of how to allocate resources. It shows your business is committed to spending wisely and its ability to meet financial obligations. A financial plan helps you determine what choices will impact revenue and which occasions call for dipping into reserve funds.


Financial management is the umbrella term for thorough bookkeeping, making accurate projections, creating financial statements and accessing business financing. Managing all of this efficiently lets you make the decisions to run your company successfully. Some of the first steps for good financial management include:

1. starting a budget

2. have accessible cash

3. accessing lines of credit

4. opening a bank account for business expenses.

5. hiring an accountant


 

ARE YOU ENGAGING IN CHRONIC PROCRASTINATION?

Since we are discussing SELF ASSESSMENT. Take this quick survey to see if you chronically engage in procrastination. 90% of adults 19-55 engage in chronic unhealthy procrastination. Time is one thing in life you can NEVER get back. When you practice procrastination you lose a lot of it. Another detrimental problem with practicing procrastination is the large amount of money that is being wasted yearly.


TAKE THE 2 MINUTES SURVEY




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In your head who do you want to be? Are you living the life you envision. Well I am here to tell you if you engage in chronic procrastination, the answer to that question is definitely NO. I’m inviting you to join me on my upcoming free online training class where I’m going to shed light on How to STOP Procrastinating & START Monetizing Your Purpose.


This training will not only show you how to use the 7 Strategies to Stop Engaging in Procrastination to live the live you are destine to live, it will also enlighten you on how to begin Monetizing Your Purpose.


Make sure to get registered by clicking on the RED box on the picture.➡



 

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4 Key Elements to Financial Planning