Episode 39: How We Handle Business Finances in Our Marriage (and What You Should Do)

Episode 39: How We Handle Business Finances in Our Marriage (and What You Should Do)

Ask Mary Beth
Ask Mary Beth
Episode 39: How We Handle Business Finances in Our Marriage (and What You Should Do)
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One of the fun parts of being a financial planner is getting to field and answer questions from clients and readers all around the country. In these Work Your Wealth episodes I’ll be taking time to address and answer questions I’ve come across from readers and clients throughout my career. On today’s episode, I welcomed back my favorite guest to help me answer some of of your money questions. Today Brian Storjohann (yep, my hubby) and I are diving in to tell you about how we handle and address my business (and the finances behind it) in our marriage.

We recorded this episode live from the FinCon booth at Podcast Movement, which means I actually let him sit next to me for this conversation! (Progress!!)

WHAT YOU’LL LEARN FROM THIS EPISODE:

  • How much of the numbers I share (and you should share) around your business finances with your spouse
  • How your business finances relate to and are intertwined with personal finances and goals
  • Ways to address the unease that can come with sharing business finances
  • How to structure conversations so there is no finger pointing or guilt around business success or hiccups
  • Why planning for your personal finances plays a big role in the success of your business
  • How we set income goals for the business(both individually and as a couple)
  • The dollar limit of business purchases that I share with Brian
  • How to plan in advance of business launches and investments to reduce stress
  • Why it is super important to share with your spouse when there are excess funds in the business
  • How sharing business numbers helps your spouse to better support you
  • How often we review numbers and how formal the conversation is
  • Expectations around how long it took for us to communicate effectively around our finances

 

LINKS MENTIONED ON THE SHOW:

LET’S CONNECT!

ENJOY THE SHOW?

Episode 09: The Business of Launching a Biz with Stephanie Burns

Episode 09: The Business of Launching a Biz with Stephanie Burns

Career
Career
Episode 09: The Business of Launching a Biz with Stephanie Burns
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This week I had the chance to chat with Stephanie Burns, founder of Chic CEO.

Stephanie is the founder of Chic CEO. Chic CEO is an online resource for female entrepreneurs – bringing how-to information, tools and community to women starting businesses. With 90,000 female entrepreneurs subscribed, Stephanie’s vision for Chic CEO is to be the number one resource for any woman who wants to follow her entrepreneurial dream.

Here’s WHAT YOU’LL LEARN FROM THIS EPISODE:

  • The biggest hurdle facing new business owners and how to overcome it.
  • The roadblocks encountered by women launching a business.
  • The exact place you need to begin when starting a business. Seriously. Start here.
  • How to get idea validation on your product or service offering.
  • Why fear is robbing you from potential opportunities and how to conquer it.
  • Resources you can find at the Chic CEO website to launch your business.

Links We MENTIONED ON THE SHOW:

GET SOCIAL WITH STEPHANIE AND LET HER KNOW YOU HEARD ABOUT HER HERE!

ENJOY THE SHOW?