5 Tips for Managing Your Personal Finances As An Entrepreneur

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ByDianna Labrien

If you’re in the midst of starting up a new business, congratulations. While incredibly challenging, this adventure into the startup world is an amazingly rewarding experience. It’s exciting to see a business grow, but when you feel your financial situation being stretched beyond its limits, things can get a little more stressful than enjoyable.

The following tips will help you to succeed as an entrepreneur, by allowing you to get your personal finances in order.

Avoid Excessive Credit Card Debt

It’s inevitable that you are going to put some of your personal income and savings towards your growing business each month. As a result, you may be tempted to rely on your credit cards for monthly living expenses, or to use credit cards to fund your business.

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