The Ruby Freelancers Show 025 – Managing Finances

by woody2shoes on August 21, 2012

Panel

  • Charles Max Wood (   )
  • Eric Davis (  )

Discussion

  • Have 3-6 months of expenses in an emergency fund.
  • Manage Expenses
  • Evaluating Purchases
  • Place large purchases on a wishlist, wait before purchasing.
  • Deposit to emergency fund to cover large costs that are on the horizon.
  • Personal Finance Management
  • Give yourself an allowance.
  • Retirement Investing
  • Put away a small amount each month for taxes.
  • Determining the size of your emergency fund.
  • Writing off business expenses when there is personal activity included (check with your tax accountant).

Picks

  • (Eric)
  • Air Compressor (Chuck)
  • Hydraulic Jack and Jack Stands (Chuck)

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