Tag's: budget

And so far, we've talked about creating the plan, creating the budget, the next thing you want to do is enter the budget into your financial software. So, I'm using QuickBooks for an example, but it doesn't have to be QuickBooks. So, you enter your budget and the first thing you want to do before you enter the budget is clear the create a chart or account that matches the

So now that we know what we need, how do we get that information? Well, to get the information you need from your accounting system, you have to start with a plan, how can you get what you want when you don't even know how you're going to get it. You need to say, "This is exactly what I need. So here is my plan to get there." Starting with

Did you start your business just to meet your lifestyle needs? In other words, you started a business because you wanted to spend more time with your family, maybe provide for your family, or you just wanted to travel or do whatever and didn't want to be tied down by the demands of an employer, but at the same time you wanted to have a business so you can have

Some lifestyle entrepreneurs have no problem projecting their income and expenses to come up with a budget. However, developing a financial independence budget is one issue most lifestyle entrepreneurs do not address.  Previously I talked about how to create your business project by predicting your level of activity. This time I am going to discuss how to create your personal budget based on what you plan to achieve on your