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Pay Yourself First, Not Last
Send us a textWelcome back to the Creative Minds Smart Money Podcast! In today’s episode, we’re covering one of the most essential (and often neglected) parts of running a business: how to pay yourself.Join Samantha as she breaks down:The different ways to pay yourself depending on your business structure (and why S-Corps require you to take a reasonable salary!).Why understanding cash flow and profit is key to figuring out how much to pay yourself.The golden rule for paying yourself: 30-50% of your monthly profit.How to save for taxes (because Uncle Sam always wants his cut).The importance of setting up a routine so your pay is consistent.And finally, the mindset shift: paying yourself is NOT a luxury—it’s an absolute must.Ready to start paying yourself properly? This episode gives you the step-by-step breakdown.Connect with Samantha:Website: https://www.firestormfinance.com/Instagram: https://www.instagram.com/firestormfinance/Threads: https://www.threads.net/@firestormfinance?hl=enPinterest: https://www.pinterest.com/firestormfinance/Newsletter: https://firestorm-finance.ck.page/8194316ed3Have a suggestion for something or someone you'd like to see on this podcast? Fill out this form here.
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