507: Allocating Income The Right Way
Jake Conway is back on the show today to discuss personal and business finance. We get really tactical in this episode with some tips on working towards three specific goals that will ensure you make it through any unforeseen situation. Jake lays out how much cash you should be keeping in the business account, personal account, and setting aside for this year’s tax liability.
During the show, we discuss:
- Where to allocate extra funds
- How much money to hold in your business account
- Preparing for your tax liability
- How much money to keep for personal spending