The reality is that cash and cash flow – or the lack thereof – are two of the biggest issues in business. Getting a handle on your personal and business debt and figuring out how you can make changes to take the financial pressure off is what Gail is good at. This is all the more important when you factor in life’s challenges: kids, family pressure and more! If you missed this AMAZING event with Gail, you can watch it here:
About Gail Vaz-Oxlade
Gail Vaz-Oxlade is a mom, step-mom, grandmama, writer, tv host, radio personality, gardener, reader, knitter and cook extraordinaire. She loves the colour periwinkle and the word “perspicacity.” Her latest project is a little Heinz 57 by the name of Tabitha.
She has won three Gemini awards as the host Til Debt Do U$ Part, Prince$$, and Money Moron. She does a once-a-week shift for NewsTalk1010 on The Monday Night Late Shift at 10 p.m. where she talks about life, the universe & everything. Gail blogs daily at her website, gailvazoxlade.com. Her books include Debt-Free Forever, Money Rules, and her latest, Saving for School, all published by HarperCollins Canada.
Notes from the event:
9 Tips for Handling Your Personal & Business $$
Maintain separate accounts
Keep good records all year long.
Use a separate credit card for your biz.
Give yourself a salary.
Limit your personal exposure to debt.
Practice discipline with your personal money; transfer those skills to the biz.
Know when to take the next step:
Be tax smart
Get a good accountant.