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#116: How I'd Handle Business Money Differently If I Were Starting Over with Gina Knox
7th March 2024 • Take It Personally • Maddie Peschong
00:00:00 00:37:28

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One of my goals at the beginning of 2024 was to act like a grown up when it comes to my finances, and I have to say, I'm killing it so far–and that is in huge part to the program 6 Figure Saver. I'm thrilled to have Gina Knox, the financial coach behind 6 Figure Saver, on the podcast today.

Gina is known in her circle as Money's Mom, and helps entrepreneurs with variable income save six figures in their businesses. In under three months, I've saved just shy of $40,000 in this program without cutting expenses or strict budgeting. Instead, Gina emphasizes the significance of spending on the right things, and paying yourself as part of your operating expenses–not an afterthought.

The episode delves into what Gina (and I) would do differently if starting our businesses again, with a strong focus on financial strategies including setting realistic income goals, focusing on current problems rather than future ones, avoiding unnecessary spending, and the importance of paying oneself as a business owner. Here are some highlights:

01:10 The Impact of Gina's Program: Six Figure Saver 05:07 Gina's Advice on Organizing Business Finances 06:22 Introduction to the Cashflow Waterfall Strategy 10:09 The Importance of Strategic Spending in Business 10:52 Creating an Annual Investment Plan 11:58 The Dangers of Future Problem Spending 18:59 Setting Realistic Goals for Business Growth 20:59 Overcoming Money Blocking Thoughts 23:31 The Value of Focusing on One Service 25:19 The Importance of Paying Yourself as a Business Owner

You can follow Gina on Instagram, and find more information about 6 Figure Saver here. The program is now enrolling.

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