Bookkeeping tips to help you build a solid financial foundation for your business.
Have you ever thought, if I could just make more money then I wouldn't be living client payment to client payment... then I would be rich?? (ok, maybe you haven't actually used the word rich but you catch my drift).
Well, I believe it isn't your income which determines your "richness." It's your spending habits. If you have bad spending habits, an increase in income will only mean an increase in spending. You get an extra client project and think "woohoo, I'm going on vacation!"
Suddenly, the extra money is gone and you didn't even go vacation yet. You didn't have extra money that you thought you would. Where did it go?
That is why you must focus on your spending habits. Here are some bookkeeper approved spending habits: