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Real Business Owners

Episode 53: How We Handle Our Personal Finances

Real Business Owners

Trevor Cowley

Business

4.9713 Ratings

🗓️ 3 June 2020

⏱️ 58 minutes

🧾️ Download transcript

Summary

DISCLAIMER - We are not financial advisors and can’t make any guarantees. All we’re doing is talking about how we approach money and things we’re doing to hopefully set ourselves up for longterm wealth!

Here’s the short of today’s episode, live as far below your means as you reasonably can! Resist the temptation to buy all the shit you want, and you’ll ultimately end up much better off!

In this episode, we discuss personal strategies to avoid overspending as well as the importance of living simply, even as the money starts to roll in.

Video of this podcast is available at YouTube.com/RealBusinessOwners.

Connect with us on Instagram and Facebook @RealBusinessOwners.

Need bookkeeping or accounting services for your business? Reach out to Easier Accounting at 888-620-0770 or by visiting EasierAccounting.com.

Transcript

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0:00.0

Real Business owners.

0:03.1

Welcome back to the Real Business Owners podcast.

0:05.3

This is episode 53 with myself, Trevor Cowley.

0:10.1

What's up?

0:10.9

And Keelow G.

0:12.8

So today we're going to talk about, oh, this episode is brought to you by Easier Accounting.

0:17.5

I haven't said that in a hot minute.

0:19.4

Yeah.

0:19.6

Well, we got to highlight that.

0:20.6

It's our full first year, too, man. Oh, yeah. For the podcast. The first year's in the books.

0:25.4

Yeah. So the first year of the real business owners podcast is brought to them or us or you by easier

0:33.3

accounting and 60-day credit repair. So now that we got our personal plug out of the way,

0:37.9

we're going to jump into today's topic, which is how we deal with our personal finances

0:42.8

and how we connect those to our long-term goals. Okay. So we had an individual reach out

0:48.9

on direct message on Instagram and said, hey, you know, would you do some financial advice or something

0:54.7

like that? And I said, we can't do that because we're not financial advisors, right? There's some

0:59.2

legalities there that, you know, we don't want to cross that line. There's legalities there if you

1:03.7

are licensed. Yeah. You got to step lightly with that topic. Yeah, we can tell people to do

1:08.8

with their money. Yeah. You know, we could tell you what we've done with our money and, you know, how we view money or whatever it is.

1:15.2

But we definitely can't say, hey, go here, invest this, do that, because then it puts us in a situation where there's some liabilities.

1:21.2

But so he messaged back and said, you know, no, just how you guys deal with your personal finances. So we thought that that would be a good topic today to cover with you on the one-year

1:30.9

anniversary of the podcast.

...

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