Money. It’s a taboo subject when it comes to what we make, how we spend, whether we have a rainy day fund or if we’re on the right track to be ready for retirement. And that’s just personal finances. If you throw in business finances, it gets a lot more challenging.
“We can tell our values by looking at our checkbook stubs.”
– Gloria Steinem
I don’t have the magic bullet for you. I can’t tell you how to organize your finances – personal or business. But I can point you to some really smart people who have ideas that might help you. They’re also smart people who can teach you a thing or two about managing money, sometimes for your personal finances and sometimes in your business.
“Women with money and women in power are two uncomfortable ideas in our society.”
– Candace Bushnell
The best advice I’ve got? If you need to learn something, find a good resource to get the right information for you.
The second best advice? If you need to outsource to a bookkeeper and/or accountant, don’t even hesitate.
Since I’m not a money expert, I’m going to fill up this post with people who are way smarter and have better insights about personal and business finances than I ever will.
Check them out. Learn from them. (Some are US-based, but many principles still apply.)
Podcasts to help you with your money
Bad With Money
If you’re interested in exploring the feelings money engenders in you and others, check out Bad With Money (warning: language) for straight talk on this taboo topic.
Jean Chatzky of HerMoney firmly believes women need financial advice that’s tailored to their unique relationship with money.
Money Girl’s Quick and Dirty Tips for a Richer Life
I love the Q&D podcasts. They’re short, sweet and informative. And this one has personal finance, investment and business advice all in one place.
Get the money scoop from Jessica Moorhouse in this podcast that covers budgeting, saving, debt repayment, investing, side hustles and more.
The name says it all – Because Money, right? This podcast serves up real conversations about money in Canada.
Books written by people who are smart about money
This book promises to teach you all the things you missed out on learning about personal finance when you were in school. That’s definitely worth reading since personal finance isn’t taught in many schools.
Stop Over-Thinking Your Money! by Preet Banerjee
This book comes highly recommended, but I haven’t read it yet. It sounds excellent for many reasons. But mostly, I look at Preet’s picture on the cover and I think anyone who can look that chill about money is worth checking out.
The Wealthy Barber by David Chilton
I got to see David Chilton speak when he was in Ottawa a number of years ago. I got so much out of just hearing him talk for an hour – I even remember quite a bit. Writing this is inspiring me to go re-read The Wealthy Barber.
“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.”
Don’t ever let money hold you back from what you’re trying to do. Hire smart money people to help and learn everything you can from them along the way. And, if you get your financial house in order, you’ll no doubt be in much better shape in your business, too.
“You can only become truly accomplished at something you love. Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you.”
WBN President, 2015-18
Chief Marketing Strategist and Storyteller
Karen C. Wilson Communications