How Money Affects Your Business Decisions (Psychology of Money)

In today's podcast, Vince Shorb from National Financial Educators Council and Stephen Halasnik from Financing Solutions discuss how money affects business decisions. Sound financial management is highly indispensable for running a thriving business. However, many businesses failed due to the inability of their owners to make an informed financial decision. As a business owner, you should cultivate a good money habit by learning how to save for a rainy day, keep good credit and make a long-term financial plan. Plus, you need to strike a balance between your lifestyle and money.