CHAPTER TWENTY-ONE

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Be Moneywise

Treat your business like a business.

—MARY CHRISTENSEN

Home-based businesses come with significant financial advantages. Not only can you control how much you earn; you can control how much you keep. By managing your money wisely you’ll earn more, save more, and keep more of your hard-earned cash.

KEEP PERSONAL AND BUSINESS FINANCESSEPARATE

Operate separate credit card, debit card, and checking accounts for your business and pay yourself a weekly allowance. If you need more, transfer the funds from your business to your personal account first.

Don’t make the rookie mistake of treating your income as your personal ...

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