You can’t out-earn a scarcity mindset — here’s how to rewire your thinking and start building the kind of wealth that feels as good as it looks.

When you’re starting a business, you have to move fast and stay lean. You have a personal credit card already — so why not just swipe that for a few business expenses? Or deposit a client payment straight into your personal account because you have bills that need to be paid ASAP? Going to the trouble of setting up a separate banking system for your company feels like friction. In our work with startup founders and small business owners, we see this all the time, but here’s t

Let’s talk about receipts — one of those small, unglamorous habits that quietly separates business owners who are in control from those constantly playing catch-up. Which Receipts Do I Need to Keep? Legally, the IRS requires you to keep receipts for any expense of $75 or more . That’s your baseline. If you want financial transparency, keep all receipts. Jen, CEO of Godiva Financial, our go-to tax expert, advises: “A complete record gives you the confidence to make decisions a

You are the proud owner of a business and, like most, you set up shop via an LLC. Recently, you’ve heard talk about S Corps being better,...

If you’ve recently launched your business and you’re looking to minimize overhead, this article will walk you through how to do your bookkeeping yourself until you’re ready to hire an accountant . Bookkeeping is the foundation of good accounting. It’s not that complicated, but it does require mastering some fundamentals and sustained attention to detail. Small errors can turn into much larger issues later on. We’re going to assume that you’ve already set up your business bank

How to set up a bookkeeping system for your new business in less than two hours. 1. Sign up for a Bank Account Creating separate accounts...