About this episode

Tanya Fox discusses the flaws of traditional budgeting for entrepreneurs and introduces the concept of a living budget.

Most entrepreneurs were taught one budget. Build it once, defend it forever, feel like a failure the second life changes. That's not a budgeting problem. That's a broken model. In this episode, Tanya breaks down why the "one-and-done" budget was never built for a moving business, and introduces the living budget: a plan with three real jobs: giving every dollar a purpose, turning big decisions into math instead of mood, and making profit on purpose instead of hoping it shows up at the end of the month. If you've ever built a budget in January and abandoned it by February, this episode is for you. What you'll learn: Why avoiding your numbers is really about avoiding a decision The 3 jobs every living budget needs to do The difference between tracking money and managing it The 3 most common ways smart entrepreneurs sabotage their own money plan

People in this episode

Host: Tanya Fox

Topics covered

• budgeting
• entrepreneurship
• financial management
• living budget
• profit planning

Keywords

• budgeting
• entrepreneurs
• financial planning
• profit
• money management

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