How to Keep Your Business and Personal Money Healthy

In this article, we delve into the essential strategies for maintaining a healthy balance between your business and personal finances. From setting up robust budgeting practices to understanding the importance of separate emergency funds, and navigating the complexities of insurance coverage including health, life, and disability insurances, this guide is designed to safeguard both your personal well-being and business success. By illustrating practical steps and real-life scenarios, we aim to empower entrepreneurs with the knowledge to make informed financial decisions, ensuring a stable and prosperous journey in both their personal lives and business ventures.
Sometimes life’s timing is perfect. We have written before about the best way to use an inheritance. Last Sunday, we came across an almost ideal scenario for when a young couple could receive an inheritance. Here are some of the best ways this couple could respond. It’s food for thought for any younger person.
It is Australian Open time again and the world’s attention focusses on Australia’s very own Grand Slam Tennis Tournament. Happily, with Covid restrictions much less this year, we will see a blockbuster tournament. May the best players win.