Daily Archives: October 15, 2018


As an Entrepreneur You Need To Pay Yourself First

One of the most important important concepts in personal finance is to pay yourself first. Whilst this concept particular resonates with people who are self employed, many self employed people tend to glean over its importance. Self employed entrepreneurs usually find it difficult to get the balance right between withdrawing money from the business and paying themselves first and keeping the money in the business and helping it grow. But entrepreneurs need to pay themselves first as well in order to gain a sound financial footing and to build their personal wealth. How much should you pay yourself when you’re self-employed? A good rule of thumb that I have heard […]