Podcast Episode #393: Budgets & Bankruptcy with Ean Murphy
I began by confessing that I've never had a budget so I asked her to explain what exactly is a budget when your income is -- by the very nature of your work -- unstable.
I love Ean's definition: a budget is "your best guess of what's going to happen" and she acknowledges that often, a budget is quickly out of date.
Ean's business is about helping creative professionals reframe how they think about money, teaching them what they need to know about their financial situation -- and no more! She claims that you don't have to learn accounting to be financially literate and to understand the basic concepts that will let you run a successful solo creative business.
She breaks down all the financial jargon so you can understand your money and, most important, keep more of it.
Here are some of the resources mentioned in this episode:
- Ean's Profit First for Creatives Facebook Group
- More interviews with Ean
- Profit First by Mike Michalowicz
You can listen here (or below):