The Black Boss Show

031: 10 Money Rules Every Entrepreneur Needs to Implement ASAP


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In this episode, Kevin shares his rules, principles and ideals about MONEY. Get ready to soak up valuable knowledge needed to get your personal finances right. If you want to grow your personal finances and learn how to manage your money NOW. Tune in.

3 Black Boss Values
  • The financial decisions we make today impact future generations
  • Savings, Investments and Assets should be your focus!
  • Spend money for YOU and no one else
Sponsors
  • Black Boss Club
  • Black Boss Shop
Show Notes High level Overview
  • It’s our job as Black Bosses to take control of our personal finances and take the necessary steps to ensure our generational wealth
  • Spend money to make money - each investment should benefit your financial future
  • Take the time now to learn how to manage your money, so you can secure your financial future
  • Follow Kevin’s concrete steps to learn from his financial mistakes
Timestamps

[1:32] Kevin is dropping his personal finance game so you can learn from him

[2:22] #1 - Pay Yourself First

[4:32] #2 - Live Within Your Means

[7:25] #3 - The 40 / 50 / 10 Rule

[8:51] #4 - It’s Not About How Much Money You Make, It’s About How Much You Keep

[13:03] #5 - Invest for Future Generations

[14:47] Black Boss Valuable Minute

[17:46] #6 - Spend Money on What You Spend Money On

[21:54] #7 - Spend Money on What Makes You Happy

[24:52] #8 - Screw Consumer Debt 

[26:53] #9 - Never Go Into Debt Unless It Will Make You Money

[28:23] #10 - Don’t Let People Know How Much Money You Have

Resources
  • Pay Yourself First

 

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The Black Boss ShowBy Kevin Stimpson

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