Portion of personal savings allocated to startup costs Recreation activities (includes gym/club dues/restaurants)
If you slip into the red, chances are your business will, too. Underestimating personal expenses is one of the biggest mistakes a new business owner can make. These include everything you'll spend money on, such as your rent or mortgage, car payments, car insurance, credit cards with outstanding balances, gym membership and grocery bills. Be sure to include all annual, quarterly and monthly expenses. First, put together a comprehensive list of your expenses. Your salary will depend on your living expenses, financial situation and comfort level with drawing on personal savings. He is known for giving sound financial advices based on current financial situation and in accordance with an individual's short, medium and long term needs.įollow Chinkee Tan on twitter and facebook to get out of debt as fast as possible and make your money work for you.Here are the factors to consider before determining exactly how much to pay yourself. He is the most sought-after expert on personal finance. He hosts the award-winning show "Chink Positive". NameĬhinkee Tan is a well-known Wealth/Life Coach, author of numerous best-selling books on money-wise strategies and financial wellness. Once you confirm, you will get an email that has the links to purchase Chinkee Tan's books and training programs. You will receive an opt-in confirmation email to ensure you are not being added without your consent. If you want to receive the give-away being offered on this blog, just fill up this form to reserve (DO THIS FIRST). Kindly note that you have to leave a message at this post or send me a message through email as soon as the purchase has been made.
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If you sign up in the form below to reserve the Money Kit, I will send you a a FREE E-Book on Freelancing which can help you earn extra money and help you over that chasm between where you are and where you want to be. Chinkee Tan which help people learn the basics of saving, budgeting, staying out of debt and investing money.īut wait, you get FREE Book Gifts (totalling to over P 2000) when you place your ORDER now! Till Debt Do Us Part Book – a book by Mr. (d) lets you know if you are living within or beyond your means.Ĭhink Positive DVD Guide – Chinkee Tan’s video that can help you and guide you on your personal journey. (c) keep track how much you are earning on a monthly, semi-annual or annual basis (b) keep track of your monthly, semi-annual or annual expenses
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