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

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