Day 13 of 180 – Trekking Up the Money Mountain

Action Tip:  Doing the visual budget reveals money timing inconsistencies. What does that mean? Well, when running a side business, it means spending money before you made it!

For instance, a customer orders and you prepare and deliver the order before the customer pays. Backwards. They pay, you prepare and deliver the order.

Here you can see, the order was prepared on Friday, the client paid on delivery on Monday (Backwards Side Business Funding).

Search out the reasons why you did that backwards and change it going forward.  If you are running a side business to bring in income, then the clients paying first has to fund the business.

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