872: Savings Strategies for Entrepreneurs: How Gina Knox’s Clients Saved $7.5 Million Dollars
As the owner of a small business, every dollar counts, and strategic financial management can make all the difference. Today, we’re joined by self-proclaimed money nerd, Gina Knox, a money coach for entrepreneurs with variable income. Gina teaches business owners how to build their savings, pay themselves well, and create a wealth portfolio. In the last three years alone, she has helped her clients save over $7.5 million! Join The Co-op - The Membership for Online Businesses Connect with Abagail Instagram All the Links! In this episode, we break down tactical ways to approach cash flow, new ways to look at debt, and the money mindset beliefs you need to readdress to feel empowered to build the wealth you dream of! Gina also shares her unique perspective on some common industry strategies, offering you alternative paths to reach your financial goals. Whether you're a seasoned entrepreneur or just starting out, this conversation will provide you with new opportunities to reassess the thought patterns and money beliefs that have been holding you back! Episode Highlights An Unconventional Path to a Fulfilling, Finance-Focused Career. [0:01:45] How NOT to Manage Your Business and Personal Finances. [0:11:28] The Cash Flow Waterfall Method. [0:17:50] Why it’s Important to Reframe Your Perspective on Debt. [0:23:07] Your Guide to Mastering Your Money Mindset. [0:29:14] The Variable Income System for Paying Yourself Well. [0:38:48] Thank you for listening! Please subscribe, rate, and review The Strategy Hour Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated. For show notes, go to bossproject.com/podcast.