Money Myths

Financial Clarity Starts Here.

Chaos masks uncertainty.

It’s like a blanket that makes you feel safe.

But the truth is…when your finances are chaotic, it’s hard to figure out where to start cleaning them up.

Today we’re going to address how to organize any chaotic financial situation.

3 easy steps:

1. What’s where
2. Create a cash plan
3. Simplify

What’s where?

To get started organizing your finances, you need to figure out what you have where.

This is as simple as using a spreadsheet to outline everything you own and everything you owe.

Here’s a simple template I use with my clients.

Use this template to provide you a high level view of your financial situation.

That’s really what your net worth is - and that’s why we start here.

This is your map.

You’ve now got a view on your entire financial picture and know exactly where to go.

Now we take a step into the detail and figure out what the heck to do with your cash.

Build your cash plan

Now you’re ready to build your cash plan.

When you have a cash plan, you know exactly how to follow the path you created.

I use YNAB for this with my clients.

You’re going to connect all of the relevant accounts from your net worth template when you create your cash plan.

That way all of your money gets a job and you have a plan for all of your cash.

My course Family Legacy Builder walks through exactly how to create your cash plan and use YNAB.

You can find out more info here.

Simplify your bank accounts

After you’ve used YNAB for a while, you’ll begin to get a new level of clarity.

You’ll notice when subscriptions bill and you can create categories to save for these.

You’ll have a plan for your emergency cash.

You’ll be able to eliminate any unnecessary charges.

And you’ll find out what your monthly nut is for your business and your family.

Once you dial this in, create a new family account and transfer your family cash there.

Move all family bills to the new accounts and keep the business bills on your business account.

You’ve now created a dynamic system and taken control of your finances.

If you’re ready to take control of your finances in the next 4 days, you can join my free Business Budget Bootcamp to create your cash plan today.

Money myth of the week 🤐

This limiting belief is THE THING holding you back from being good with your money.

Change your beliefs. Change your financial situation.

You can be good with your money by doing this one thing.

Commit to clarity.

Take ownership.

No one else will take care of your money like you.

Tell me your best dad joke 🤣

Got any dad jokes to share? Let ‘em rip by responding to this email. 😜

Thanks for reading, and see you next week!

Ryan Page, Backpocket CPA

​Find me on LinkedIn or Book a 1:1 Call​

Whenever you're ready, there are 3 ways I can help you:

1. ​Family Legacy Builder: Our course on how to take full control of your family finances. I share 8+ years of expertise in budgeting, saving, and developing your debt plan.
2. ​CASH Clean Up: Our flagship financial tune up that will have you in control of your finances in less than 2 hours.
3. ​Business Scan: Our deep dive review of your Quickbooks Online business books giving you an action plan of exactly how to fix your bookkeeping.

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