Join Small Business Money School: https://ginaknox.co/school 

In this episode, Gina Knox discusses the importance of understanding return on investment (ROI) in business. She emphasizes the need for business owners to identify high and low ROI investments to effectively manage their finances and pay off debt. Through personal anecdotes and practical advice, Gina outlines criteria for making high ROI investments, the significance of addressing current business problems, and the lessons learned from past low ROI investments. Ultimately, she encourages listeners to develop a playbook for making informed investment decisions that lead to business growth and success.

Timestamps:

00:00 - Understanding ROI in Business Investments
02:55 - Identifying High ROI Investments
05:49 - Criteria for High ROI Investments
09:02 - The Importance of Current Business Problems
11:56 - Learning from Low ROI Investments
15:14 - Transforming Business Mindset
18:03 - Creating a Playbook for Successcape

Category: Entrepreneurship

Keywords: Debt, debt pay off, how to pay off business debt, ROI, return on investment, savings, financial literacy, small business finance, small business, entrepreneurship, entrepreneur, p&l, profit and loss, profitability, increase profit

Read the full blog post here: https://theretiredmillennial.substack.com/p/her-fi-story-no-3-gina-31-20000000 

In this episode, Gina Knox discusses her journey within the FIRE (Financial Independence Retire Early) community, emphasizing that one does not need to adhere to strict frugality to achieve financial independence. She shares her personal evolution from a frugal mindset to focusing on earning more money, breaking traditional FIRE rules, and embarking on a no-buy challenge as a creative exercise. Ultimately, Gina highlights the importance of building a fulfilling life today rather than merely escaping a 9-to-5 job, advocating for a balanced approach to financial security and personal happiness.

Timestamps:

00:00 - Introduction to Financial Independence and FIRE
03:14 - The Shift from Frugality to Earning More
05:58 - Breaking Traditional FIRE Rules
09:13 - The No-Buy Challenge and Personal Growth
12:09 - Building a Life You Don't Want to Escape

Category: Investing

Keywords: Financial Independence, FIRE, Frugality, Earning More, No-Buy Challenge, Personal Growth, Wealth Building, Money Mindset, Work Optional, Life Design, Small Business, Entrepreneurship, Entrepreneur, Business Owner

Doors close at midnight TONIGHT November 18th!

In this episode of Small Business Big Money, Gina Knox discusses the challenges small business owners face during economic downturns, particularly focusing on revenue declines. She emphasizes the importance of understanding the cyclical nature of business, advocating for a strategy that prioritizes expense management over risky financial swings. Gina shares insights on how to stabilize a business financially, manage through booms and busts, and ultimately thrive in the long term. The conversation highlights the necessity of financial literacy and strategic planning for sustainable growth.

Timestamps:

00:00 - Introduction to Financial Thriving
00:58 - Understanding Revenue Decline
05:09 - The Risks of Big Swings
08:05 - Lowering Expenses: A Practical Strategy
12:20 - Long-Term Business Strategy
17:00 - Managing Finances Through Booms and Busts
20:25 - Making Your Business Profitable Again

Category: Debt

Keywords: small business, financial stability, revenue decline, expense management, business strategy, financial literacy, economic cycles, profitability, business growth, financial coaching

When you join by MIDNIGHT tonight, November 12th - you'll also receive a bonus 1:1 call with a Money School Coach to create your debt pay off plan, personally designed for you.

In this episode, Gina Knox discusses the importance of addressing business debt and introduces a debt payoff challenge as part of the Small Business Money School program. She emphasizes the emotional impact of debt on business owners and outlines the core problems that lead to debt accumulation. Gina provides strategies for overcoming these issues and highlights the resources available through her program to help business owners achieve financial stability and success.

Timestamps:

00:00 - Introduction to Business Debt Solutions
02:56 - Understanding the Emotional Impact of Debt
06:09 - Identifying Core Problems Leading to Debt
08:50 - Strategies for Debt Payoff
12:06 - Overview of Small Business Money School

Category: Debt

Keywords: business debt, debt-free, financial strategy, Small Business Money School, debt payoff challenge, emotional impact of debt, business finance, money management, financial coaching, entrepreneurship

Join us live on November 11th at 1pm CST. Register at the link above., Replay will be sent after to all who register.

In this episode, Gina Knox discusses the anxiety surrounding debt payoff among entrepreneurs, emphasizing the common belief that a sudden influx of money, or a 'windfall', will solve their debt issues. She explains how this mindset can lead to increased pressure and poor financial decisions, ultimately prolonging the debt payoff process. Instead, Gina advocates for a more sustainable approach to managing debt by addressing core financial issues and implementing effective strategies that align with current cash flow, rather than relying on future earnings.

Timestamps:

00:00 - Understanding Debt Payoff Anxiety
07:13 - The Myth of the Windfall
11:56 - Strategies for Sustainable Debt Management

Category: Debt

Keywords: debt, debt payoff, entrepreneurship, financial stability, cash flow, windfall, business expenses, debt management, financial anxiety, investment strategies

Join us live on November 11th at 1pm CST. Register at the link above., Replay will be sent after to all who register.

In this podcast episode, Gina Knox discusses the concept of 'double debt' and the common pitfalls that business owners face when managing debt. She emphasizes the importance of understanding the root causes of debt, such as lack of cash flow strategy, expense management, and tax planning. Gina encourages listeners to address these core issues before considering debt consolidation, as failing to do so can lead to a cycle of increasing debt. The episode concludes with an invitation to a masterclass focused on effective debt management strategies.

Timestamps:

00:00 - Introduction to Debt Mastery
03:14 - Understanding Double Debt
06:04 - The 3 Core Problems That Leade to Debt
08:57 - Strategies to Avoid Double Debt
12:10 - Conclusion and Call to Action

Category: Debt

Keywords: debt management, double debt, cash flow strategy, expense strategy, tax strategy, business finance, debt consolidation, financial planning, business owners, debt masterclass

Samone Blakely is a dating coach for unchurched women of faith, and she has an INCREDIBLE story that she shares with us in this episode of Small Business Big Money. Samone tells us how she went from teen mom, to cult member, to overeducated Wendy's employee, to CPA at a big 4 accounting firm, to divorce, to million dollar business owner, to burning through all her savings and building debt. She shares with us how she saved her company from near closure.

Join us live on November 11th at 1pm CST. Register at the link above

TorahCents is known for her practical and unorthodox approach to dating for Women of Faith. She believes that dating should be delicious…and if it’s not…you’re doing it wrong.

She has helped thousands of women attract quality men, confidently date for the relationships they desire and has been fully launched on a mission to help women of faith create real options in men and choose themselves first (instead of waiting for a man to choose them).

🔥She’s the Founder of Curved to Cuffed™️ - the #1 mentorship for successful women of faith who want to attract quality, marriage-minded men. ⁣
⁣
💍 And the Creator of the Triple Threat Success Method™️ that has helped women go from no dates to a wedding date in less than a year. ⁣⁣

And when she’s not coaching you may see her releasing new episodes of her podcast, learning new tricks in her pole dancing class, spending time with her family and of course…having fun dating quality men. "

Instagram: www.instagram.com/torahcents 
Website: www.curved2cuffed.com 

00:00 - Introduction to Samone Blakely and Her Journey
02:48 - Understanding Unchurched Women and Their Faith
06:04 - Escaping the Cult: A Personal Story of Liberation
08:53 - From Struggles to Success: Education and Career Path
12:09 - Transitioning to a Dating Coach: The Journey Begins
14:48 - Navigating Marriage and Divorce as a Dating Coach
18:12 - Empowering Women of Faith: The Mission
20:53 - Financial Growth and Challenges in Business
24:13 - Lessons Learned: Spending and Financial Awareness
26:06 - The Journey to Financial Neutrality
30:39 - Building a System for Financial Management
34:43 - Understanding and Managing Debt
38:33 - Transforming Perspectives on Debt
45:10 - The Power of a $19 Dress

Category: Entrepreneurship

Keywords: dating coach, unchurched women, faith, personal growth, cult experience, financial challenges, empowerment, marriage, divorce, business success, financial management, money mindset, debt management, personal finance, coaching, abundance, financial neutrality, business growth, money school, financial healing

Join us live on November 11th at 1pm CST. Register at the link above

In this podcast episode, Gina Knox interviews Patti Calkins, a myofascial therapist and business owner, about her journey in entrepreneurship, financial growth, and the challenges she faced along the way. Patti shares her experiences of starting her business, the financial strategies she learned in Money School, and her evolving approach to managing her owner's pay and personal finances. The conversation highlights the importance of financial education and the impact of coaching on business success. In this conversation, Gina Knox and Patti Calkins explore the evolution of money mindsets across generations, the impact of overspending, and the importance of financial education. They discuss personal experiences with debt, retirement planning, and the significance of instilling financial stability in future generations. The dialogue emphasizes the need for proactive financial management to avoid the cycle of poverty and ensure a secure future.

Patti is the owner of Exhale Myofascial Release RVA in Richmond, Virginia. She opened her business, specializing in myofascial release in 2022. She made the choice to go to massage school following years of working as a physical therapist assistant.She has in three years grown her business to $250k with employees.

Website: http://www.exhalemfr.com/
Instagram: @exhalerva
Facebook: Exhale Myofascial Release RVA

00:00 - Introduction to Patti Calkins
03:37 - Financial Growth and Challenges
08:51 - Transformative Year in Money School
14:02 - Owner's Pay and Financial Management
18:08 - Generational Shifts in Spending Mindset
20:13 - Understanding Money Mindset and Overspending
22:44 - Navigating Debt and Financial Decisions
24:30 - Retirement Planning and Financial Security
26:21 - The Importance of Early Retirement Savings
30:49 - Financial Stability for Future Generations
32:39 - Breaking the Cycle of Financial Instability

Category: Entrepreneurship

Keywords: entrepreneurship, financial growth, myofascial therapy, MFR Coach, MFR, business coaching, small business, money management, personal finance, owner’s pay, coaching, business success, money mindset, overspending, retirement planning, financial security, generational wealth, budgeting, debt management, financial education, wealth building, financial stability

In this heartfelt conversation, Gina Knox interviews her mother, Aracely Knox, exploring the profound lessons learned about money, family values, and personal growth throughout different stages of life. They discuss Aracely's childhood, her cultural background, and how these experiences shaped her approach to spending and budgeting. The conversation delves into the importance of quality over quantity in purchases and the significance of shared family goals in achieving happiness and security. In this conversation, Gina Knox shares her insights on family traditions, financial preparedness, and the importance of facing death with acceptance. She reflects on her evolving relationship with money as she transitions into a new chapter of life, emphasizing the significance of values and wise spending. Gina encourages open discussions about death and financial planning, highlighting the need for organization and clarity in these matters. She concludes with valuable life lessons on prioritizing what truly matters and avoiding unnecessary expenditures.

00:00 - Introduction to Family Values and Lessons
02:50 - Childhood Memories and Parental Influence
05:45 - Cultural Background and Family Heritage
09:05 - Understanding Money in Childhood
11:52 - Transitioning from Youth to Adulthood
15:05 - Adulthood and Family Goals
18:04 - Value Spending vs. Justification Spending
28:05 - Family Traditions and Culinary Heritage
30:21 - Financial Preparedness for Life's Final Chapter
35:49 - Facing Death: Acceptance and Planning
42:04 - Evolving Relationship with Money
51:05 - Life Lessons: Values and Financial Wisdom

Category: Saving

Keywords: family values, money management, childhood lessons, cultural heritage, adulthood transitions, value spending, budgeting, thrift, personal finance, life lessons, family traditions, financial preparedness, death acceptance, money management, life lessons

Enrollment for this fall round is open October 7th - 11th 2024