Welcome back to the Creative Minds Smart Money Podcast! In today’s episode, we’re covering one of the most essential (and often neglected) parts of running a business: how to pay yourself.
Join Samantha as she breaks down:
The different ways to pay yourself depending on your business structure (and why S-Corps require you to take a reasonable salary!).
Why understanding cash flow and profit is key to figuring out how much to pay yourself.
The golden rule for paying yourself: 30-50% of your monthly profit.
How to save for taxes (because Uncle Sam always wants his cut).
The importance of setting up a routine so your pay is consistent.
And finally, the mindset shift: paying yourself is NOT a luxury—it’s an absolute must.
Ready to start paying yourself properly? This episode gives you the step-by-step breakdown.