Managing personal finances as a small business owner can feel confusing and overwhelming to many. However, business owners who can manage their personal finances will be more financially successful in their businesses as well!

Many business owners do not know how much money they need to run their household. This can lead to underpricing products/services as well as cash flow challenges.

This video is meant to help the small business owner who is confused and frustrated with handling their personal finance situation.

Hannah uses Monarch as her personal finance tracking and budgeting system. To get a free extended trial, visit https://www.claracfo.com/monarch

Hannah also mentioned some personal finance people you may be interested in checking out:
Ramit Sethi: https://www.iwillteachyoutoberich.com/ ‪@ramitsethi‬
Tori Dunlap: https://herfirst100k.com/ ‪@HerFirst100K‬
Vivian Tu: https://www.yourrichbff.com/ ‪@YourRichBFF‬

To learn more about CFO services for B2B services providers making over $1M in annual revenue, go to: https://claracfo.com/cfoservices/'>https://claracfo.com/cfoservices/

Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO'>https://claracfo.com/QBO

‍♀‍Got Employees? Talk to ADP! They can help you if you are a small business owner or an accountant or advisor who works with small businesses. Learn more here: https://claracfo.com/adprun'>https://claracfo.com/adprun

Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio'>https://claracfo.com/melio

(As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases)

Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/

Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.

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