The impulse to raise one's standard of life might result in unstable financial circumstances as people start to see the results of their labors translated into higher income. The idea of delaying gratification becomes apparent as a key tactic to guarantee both individual financial well-being and the company's survival.

In this episode, Brad and Connor talk about:

• The impact of lifestyle creep on personal finances
• Importance of a "hills and valleys" account for seasonal businesses
• Strategies for delaying gratification and building smart money habits
• The significance of proactive financial planning
• Understanding good vs. bad debt in business
• Tips for creating a sustainable budget and financial clarity

Mentioned:

Website: https://progressfc.com/

Facebook: http://www.facebook.com/progresssolutionsername

Instagram: https://www.instagram.com/connorthefinancialcoach/

LinkedIn: http://www.linkedin.com/in/connor-tyson-chfc/me

Link to Resources:

Grab Brad's tell-all book: The Contractor Profit Blueprint

https://thecontractorprofitblueprint.com

You've been invited to check out Job Tread!

https://www.hammerandgrind.com/jobtread

Help us get the word out to other contractors by leaving us a review or sharing our podcast!

Hosted on Acast. See acast.com/privacy for more information.