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Brown Ambition

The BA Q&A: $60,000 In Credit Card Debt!

Brown Ambition

iHeartPodcasts

Education, Self-improvement, Business

4.82.6K Ratings

🗓️ 22 April 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Mandi is back again to tackle your hard-hitting questions! This week is all about credit and Mandi gives great advice on how to tackle credit card debt and when to close a credit card.

We want to hear from you! Drop us a note at brownambitionpodast@gmail.com or hit us up on instagram @brownambitionpodcast

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Transcript

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0:00.0

There's gift I've ever received has to be a bike when I was younger, a pedal bike.

0:07.0

It was a sort of slick little road bike and I remember it was all like it was so it was all wrapped up

0:12.7

but it was so obvious what it was obviously because nothing shaped like a bike and I had a little ribbon on it and I was so

0:17.0

I guess. For that was a life changer and I'm still sort of big on cycling around my area now so for that one change me a little.

0:24.0

Enjoy in every sip with red cups now back at Starbucks.

0:31.0

Hey hey B.A. fam it's Mandy here for another episode of the B.A.Q.A. The B.A.Q.A.

0:43.0

I hope you guys are having a wonderful start to the month. I am so excited to be here taking all of your wonderful questions.

0:50.0

Hit us up at brandenvisionpodcast.com. Let that be the first stop on your tour of our website or brand new website.

0:57.0

If you haven't seen it please check it out. It's beautiful if I do say so myself.

1:00.0

And while you're there ask us anything you can email us at brandenvisionpodcast through the website.

1:05.0

You can find out how to find us on Instagram through the website. So brandenvisionpodcast.com.

1:10.0

I cannot wait to get your questions. Anything career money I am your girl and thank you all again for the continued support.

1:17.0

What else is happening in my world? Y'all know I am coming up on a year of Mandy money. I can't believe it.

1:26.0

Oh man it's almost been a year. I got to figure out how to plan a party. If y'all have any ideas of how to celebrate a year in business just let me know.

1:34.0

Because my deep you know Leo Hart here the lion wants to dance okay I want a party. I love an affair. I love to have a good time.

1:44.0

So I'm just thinking back on a year in business it's tax season right now. And for any entrepreneurs out there who are like sweating it you know first quarter taxes and then closing out taxes for last year.

1:57.0

My accountant is my secret weapon and I'm not even going to sit here and pretend like I know a bunch of stuff and can give lots of advice on how to you know manage your taxes this time of year.

2:08.0

But my biggest piece of advice is to don't stick her head in the sand actually go ahead and hire someone it is worth the money not only to find an accountant but also to find a bookkeeper.

2:19.0

Even in the first quarter of this year I didn't think I did anything that funky. But when I tell you my bookkeeper had about 12 13 different questions for me to answer and line items and my expenses and my income to figure out oh my goodness.

2:34.0

So I'm so glad I'm getting on top of that. Where did I find my bookkeeper and my accountant I asked a friend I asked a fellow business owner you know where do you do your taxes.

2:44.0

And I asked someone local so that I could find someone local and fortunately I interviewed them both and their husband and wife duo and they are fabulous.

2:52.0

So if you're someone who's whether you've just launched a business or you've been in business for a couple of years I'm talking to you newbie entrepreneurs like myself go ahead and outsource that and get some help.

...

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