Finance…
Today’s post is going to be a hard post for a few people to read
If you are one of them, then PLEASE read it all and start with the recommendations
So last weekend I was down in Winchester with Holly, when her sister was telling me about how little money she has
We are all going to Florida in mid September and she is worried that she will actually have no money to go with her
Why?
Because money management is not something we get taught at schools or colleges or university
You see, most of us live way beyond our means
We have £300 coming in each week, yet we spend £305
Exactly the same in your fitness business
You are buying new equipment or signing up to new programmes
Yet, you just don’t have the money to do it
Then when the tax year comes around and you owe a few grand, you start panicking and have to borrow to cover the bill
Putting you in even more debt
I have been there, I have had MASSIVE credit card bills
Until the day, where I decided enough was enough
The time where DKnine Fitness changed, back at the start of 2017
So if you have more money going out then you have coming in
If you are not saving for the end of tax year bill
If you are always worried about your finances
Here is what I NEED you to do ?
1️⃣ Workout what you earn each month and open up a ISA or savings account and start putting your money into that account
2️⃣ Now write down what that leaves you with and what essentials you need each month
3️⃣ Download the last 3 months bank statements and mark down all the direct debits and all the money you spend on things that you don’t need
And then start cancelling them
You NEED to hold yourself accountable and you will get everything back under control
David 🙂
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Hi I’m David 🙂
I Help FitPros Around The World Generate Leads On A Daily Basis, With Lead Generating Websites, Laser Targeted Facebook Ads and “The Portal”