5 EASY Steps To Know Your Numbers

In the last episode of the Thriving Artists Podcast, we talked all about why knowing your numbers is important and shared some reasons we want all artists to know their numbers… like we want you to celebrate more and take time off! In Episode #11, 5 EASY Steps To Know Your Numbers, we have broken down steps on how to accomplish this goal. This episode is going to be useful if you are feeling lost with your money and financial systems or if you are totally new to tracking your money. If you are someone who has a system in place already this episode will be a great check in and reminder to keep going. With these easy steps, you can create a consistent system to track your financial data so that you can be self-empowered to achieve your goals. Jamie and Kaylan’s EASY steps to know your numbers are: Book in time: Get out a calendar and give yourself a real chunk of time to get your system in place and organized. Start with last month: Tracking your money from last month gives you the most recent snapshot of your business money health. List your expenses: Use a spreadsheet, app, or bookkeeping software to make a list of your expenses. This makes you see and think about exactly where your money is going! List your earnings: What is important about knowing this number no matter how wonderful or depressing it is, is that we can then make important decisions from this data that lead to concrete goals.Make a commitment: After this initial step, keep it going! This is a living record and your financial app is only useful when the data is updated and used. One month is great but six months or a year really starts to tell a story. Join the community at https://thrive-together-network.mn.co/