#2369 - Q&A: “Separating business and personal expenses…”
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 27 June 2023
⏱️ 5 minutes
🧾️ Download transcript
Summary
This personal trainer is struggling with separating his personal and business finances. Can we give him a boost so he can get back to focusing on push-ups?
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Hey, what's up, Chris Gellibout here, your host of SideHustle School. |
| 0:13.4 | Thanks for tuning in today. |
| 0:14.4 | Got a listener call from Sunny Orlando, Florida. |
| 0:17.1 | We're going to hear from Alex. |
| 0:18.4 | Alex has recently embarked on a personal training side hustle, offering both in-person |
| 0:22.9 | and virtual sessions. |
| 0:23.9 | As he begins to acquire clients and process payments, he's trying to figure out the tricky |
| 0:29.2 | waters of financial management. |
| 0:31.0 | Now, specifically, he wants to understand how to separate his personal and business finances. |
| 0:35.3 | That's important. |
| 0:36.4 | What the tax implications might be, also important, and whether he should formally register his |
| 0:40.7 | hustle as a business. |
| 0:42.2 | Okay, these are good questions. |
| 0:43.9 | Topics mini-sidesshores should consider. |
| 0:46.3 | So let's delve into it in a few short action-packed minutes, hopefully getting you something helpful |
| 0:50.7 | and allow you to be set up for financial success. |
| 0:53.4 | Personal trainer finances. |
| 0:54.4 | That's what we're talking about today in just 30 seconds. |
| 0:59.2 | What's up, guys? |
| 1:10.3 | I'm Alex from Orlando. |
| 1:12.1 | I've recently started a side hustle as a personal trainer, offering both in-person and virtual |
| 1:18.8 | sessions. |
... |
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