027: Danetha Doe; Keeping Track of Your Money
Episode description
This episode is brought to you by The Kolada Group.
Today, I’m talking about bookkeeping. My guest is Danetha Doe, who is an accountant for mom-preneurs.
Topics:
- (1:24) Introducing Danetha
- (2:20) Past financial management issues
- (4:57) What led to Danetha’s current business structure
- (8:20) YOU have to care about your finances
- (9:23) Why people come to Danetha
- (11:41) Step 1: organize
- (12:53) Danetha’s recommendations for personal and business finances
- (14:02) Step 2: daily routine
- (16:07) Step 3: weekly bookkeeping date
- (19:39) Financial freedom is a journey
- (20:39) It’s easy!
- (21:28) Danetha’s best financial investment
- (23:27) Worst financial investment: expensive schooling
Quotes of the Week:
“I didn’t realize that there is seasonality with business – there are times of the year when you make money and times of the year when money is a little bit tighter.”– Danetha
“No one cares more about your money than you do. It’s like going to the dentist. Yes, they care about your teeth, but you need to be the one who is doing the daily crushing and flossing. Same with your finances – you are ultimately the best person to make those decisions for you and your finances.”– Danetha
“Waiting for tax season to look at your finances is like waiting until after you’ve gotten your report card to then study for the exams.” - Danetha
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