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Sep 7, 2020

I got a surprise text message from my brother-in-law and his long-time girlfriend a few weeks ago. They wanted me to help them put together a personal budget.

I was honestly shocked they were asking for help on this.

They’re both in their early twenties and finishing up their last year of school, so it would be really easy for them to just “wing it.” I know when I was their age, it was the last thing on my mind—in fact, I avoided it altogether. I waited 5-6 years before I put together my own first personal budget, so I was blown away by their maturity and desire to learn new skills as young adults.

I was so blown away, in fact, that it inspired an entire podcast episode!

So for this episode, we discuss:

  • Why it was easy to put off looking at my personal financial situation head-on

  • Why we can’t afford to put our heads in the sand around money as entrepreneurs 

  • Why a more disciplined approach to your finances creates more freedom and clarity

  • Why it’s never too late to change the way you think about and relate to money

  • Why managing your personal finances is essentially the same as managing your business’s finances

  • How data and numbers can inspire behavioral changes in your money habits

  • Why being clear about your financial goals can help you achieve them