About this episode
In this episode of the Dollars and Dumbbells podcast, host Justin Green, a Certified Financial Planner, outlines five critical money mistakes that online coaches make which can inhibit their wealth growth.
These mistakes include not separating business and personal finances, carrying high-interest debt, not paying themselves adequately, lacking an emergency fund, and failing to invest outside of their business.
The episode emphasizes the importance of financial discipline and strategic planning for online coaches aiming to build and sustain wealth.
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01:00 Mistake #1: Mixing Business and Personal Finances
02:09 Mistake #2: Carrying High-Interest Debt
03:41 Mistake #3: Not Paying Yourself Enough
05:40 Mistake #4: Lack of an Emergency Fund
06:48 Mistake #5: Not Investing Outside Your Business
