Marc Bineham
speaker
467 appearances
1 recordings
1 series
first heard Aug 2022
last heard Aug 2022
Marc Bineham’s voice in public audio — every appearance, attributed to the second.
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Appearances
So it's not that you shouldn't both know, but one will prefer.
So that's fine as long as you both understand it.
Great.
I think the first thing is teaching them some savings, some cash flow, because you learn pretty quickly if you're in your own business or anything like that, cash flow is king.
And it's so important.
And it's not so much getting into a tight budget or anything like that, because most people think negative connotations around a budget, but understanding where your cash is going.
Because from my generation, we were paid weekly.
very rare to find anyone paid weekly.
They're either paid fortnightly or more typically monthly now.
And what I see is that if you're getting paid your salary once a month, first week or two is great.
Third week's a bit tough.
And fourth week, there's either no money or
unfortunately, maybe going into debt to get to that next pay period.
So getting an understanding of firstly, how that cash flow is going.
And secondly, where it's going so that you feel in control, because most people say, you know, where did that money go all month?
You know, I've made this amount of money in the last six months, where did it all go?
So keeping a bit of a
a track of, and what's great is pretty well every bank does it for you.
It's automatic.
You can just, you can track all the different types of things and just having it, having a look and saying, okay, this is how much, as you said before, Netflix and all your subscriptions, this is how much Uber eats I get and all that.
Showing 341–360 of 467 · page 18 of 24
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