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Why You Need to Separate Business and Personal Finances as a Creative Entrepreneur
Episode 331st July 2024 • Creative Minds, Smart Money: Finance & Business Tips for Creatives • Samantha Eck | Bookkeeper for Creatives
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Welcome to Creative Minds, Smart Money—the go-to podcast for creative entrepreneurs looking to thrive financially without losing their creative edge! I’m your host, Samantha Eck, and in today’s episode, we’re tackling one of the biggest financial musts for any creative business owner: separating your business and personal finances.

I’ll explain why keeping your finances separate is a game-changer, from avoiding legal issues to having a clearer picture of your business’s health. We’ll chat about the risks of mixing funds (trust me, it’s not worth it!) and I’ll walk you through practical steps to make sure you’re staying on track. From setting up a business bank account to using accounting software, we’ve got all the tools and strategies you need to streamline your financial management and keep that creative energy flowing.

Connect with Samantha:

Website: https://www.firestormfinance.com/

Instagram: https://www.instagram.com/firestormfinance/

Threads: https://www.threads.net/@firestormfinance?hl=en

Pinterest: https://www.pinterest.com/firestormfinance/

Newsletter: https://firestormfinance.myflodesk.com/ajmiv1kyt1

00:00 Introduction to Creative Minds Smart Money Podcast

00:39 The Importance of Separating Business and Personal Finances

03:11 Steps to Separate Business and Personal Finances

05:23 Tools and Strategies for Financial Management

08:46 Case Study: Ella's Financial Transformation

10:01 Conclusion and Final Thoughts

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