In this episode, we bring the Profit First mindset home—literally.
I’m Deb, a Profit First Professional, and I’m here to show you how the same principles that build financially healthy businesses can also transform your personal finances. By creating a simple, intentional structure around your income, you can reduce stress, take control, and start building a life with clarity and confidence.
We’ll explore a powerful three-part approach to personal budgeting, dividing your money into:
Essentials – what you need to live well
Enjoyment – what brings you joy and fulfilment
Future savings – what protects and empowers your future
Because when you treat your personal finances with the same care as your business, you create space for both freedom and stability.
About the Podcast:
This episode of the Financially Healthy Business Podcast flips the script—applying business-level strategy to everyday money decisions.
I share how you can take control of your personal income using a simplified Profit First approach, helping you ditch the overwhelm and gain peace of mind. We look at:
The mindset shift from chaos to clarity
How to set up a personal allocation system
Why intentional spending is just as important as saving
You’ll come away with a practical structure for managing your money—and a new sense of ease when it comes to making financial decisions at home.
With 15–20 minute episodes that are clear, practical, and empowering, this series helps you take control of your finances—in business and in life.
Manage your money. Reduce your stress. Fund the life you want.
Takeaways:
This podcast emphasizes the necessity of managing personal finances with the same discipline as business finances.
Listeners are encouraged to allocate their income into three distinct categories for better financial management.
The 'Profit First' methodology can be effectively applied to personal budgeting for greater peace of mind.
Establishing separate accounts for essentials, fun, and savings can alleviate financial stress and guilt.
The host shares personal experiences to demonstrate how structured budgeting leads to reduced financial anxiety.
The episode concludes with an invitation to explore further financial roles in the upcoming discussion.
Foreign Healthy Business Podcast for business owners who want the confidence on cash flow that supports the life they actually want to live.
Speaker A:
I'm Deb Halliday, Profit First Professional founder of award winning accountancy practice the Accounts Ladies and the Accounts Office Academy and author of how to Build a Financially Healthy Business.
Speaker A:
Learn how to take control of your finances, reduce stress and grow sustainably because your business should support your life, not consume it.
Speaker A:
Let's get started.
Speaker A:
Hello again, I'm Deb Halliday and today on the Financially Healthy Business Podcast, we're taking the Profit first mindset and applying it to your personal life.
Speaker A:
Yes, you can run your home like a business without making it feel cold or corporate.
Speaker A:
This is about peace of mind, so let's dive in.
Speaker A:
I'm going to use small figures so it's easy to follow along.
Speaker A:
Profit first is a business system where you allocate money to profit expenses and owners pay right away.
Speaker A:
We can adapt that at home with three pots.
Speaker A:
1.
Speaker A:
Essentials bills, food, fuel, maybe £2,100amonth.
Speaker A:
2.
Speaker A:
Fun holidays, treats, hobbies.
Speaker A:
Let's say £600 3.
Speaker A:
Future savings emergencies retirement example £300 each time you pay yourself from the business, say £3,000.
Speaker A:
Split it.
Speaker A:
A simple ratio might be 70% essentials 20% fun 10% future.
Speaker A:
Adjust as needed.
Speaker A:
This removes guilt from spending and builds a buffer.
Speaker A:
I started this years ago and now I never stress about a car.
Speaker A:
Repair your task this Open three personal accounts or use spaces if your bank allows.
Speaker A:
Set up a simple split with whatever you can manage.
Speaker A:
Want the percentages and a tracker?
Speaker A:
It's on the accountsoffice.co.uk Run your home with intention, just like your business.
Speaker A:
Next time we'll explore the three financial roles you play.
Speaker A:
See you soon.
Speaker A:
Thanks for tuning in to the Financially Healthy Business Podcast.
Speaker A:
If today's episode helped you take a step closer to building a business that supports your life, share it with a fellow business owner.
Speaker A:
Follow the show or leave a review.
Speaker A:
It all helps to get the message to the people that need it.
Speaker A:
For further Support, head to ww.financiallyhealthybusiness.co.uk to find out more information on my online coaching program.
