Savings

I want to be the boss! – Part 3

This is third in a series of blogs for those who want to start their own business.

Now that you know what your living expenses are and your discretionary expenses are, it’s time to put this information to use.

Step 4:  Creating a plan

You’ve got the knowledge, move forward.  To build on the previous step, we’re still working on minimizing the fear.  To start your business with strength I suggest you build up a cushion – save at least six months to twelve months worth of living expenses before quitting your day job.  This will… Continue reading