This week, we take a closer look at bad debt vs. good debt, and what really qualifies as an emergency.
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Your Assignments:
1. Review your current monthly business expenses (or annualized expenses for the ones that don’t happen every month). What is your target figure for a 6-month cushion?
2. Continue your weekly Money Meetings.
3. Be ruthless about expenditures -do you need to spend on it now or can it wait? Group purchases whenever possible to avoidcompany fees.
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Lesson 1 | Lesson 2 | Lesson 3 | Lesson 4