If you’re a passionate entrepreneur with a great service and happy customers, the problem might not be you—it might be your financial systems.💸 It’s time for a Finance MakeOver. We’ll give you the roadmap, tools, and simple strategies to turn your cash-eating business into a lean, green profit machine. Connect with Me.
Co-mingling could kill your business
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Hi Reader, As many of you know, I own a short-term rental business in Lake Arrowhead, California — we own a big, beautiful home we host for family reunions, birthdays, events, and even church retreats. 🏔️🏡 This week, a property manager friend called me asking about insurance for her cleaning company. Totally valid question — but as we talked, I realized something that stopped me cold… She had formed an LLC over a year ago for liability protection — but all of her income and expenses were still running through her PERSONAL bank account. Which means your LLC was protecting ABSOLUTELY nothing!!! Because legally… If your business money flows through your personal bank account, No separation. And this part matters: ⚠️ Insurance does NOT fix that problem. Insurance pays claims — but it does not protect your personal assets if your business and personal money are commingled. (YES that is a word! ) If something goes wrong, lawyers don’t stop at your business — they can come after:
I told her, “Insurance is important — but first, we have to fix your banking.” And if any part of her story sounds familiar to you… 👉 Now is the time to get a REAL business bank account. That’s why I recommend Relay: ✅ Free to open 👉 Open your FREE Relay business account here: Once your business income flows into Relay, your LLC protection finally has teeth. No more co-mingling. 👉 Get it set up today: This is one of the most important steps you can take to protect your future. Don’t do it tomorrow - do it now!
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Finance MakeOver
If you’re a passionate entrepreneur with a great service and happy customers, the problem might not be you—it might be your financial systems.💸 It’s time for a Finance MakeOver. We’ll give you the roadmap, tools, and simple strategies to turn your cash-eating business into a lean, green profit machine. Connect with Me.
Dear Reader, Several years ago we were in Hurricane, Utah, spending time with our cousins. My husband, my two daughters, and I went ATV-ing with our favorite cousins. If you’ve never been to that part of Utah, everything is red.Red dirt. Red sand. Red rocks. I made one critical mistake:I wore a cute shirt I actually liked. That shirt is now permanently stained red. Lesson learned — don’t wear nice clothes when you’re riding ATVs in southern Utah. After the ride, we parked the ATVs in the...
Dear Reader, When I was growing up, church activities were our entertainment — especially in middle school and high school. And the big event every weekend was a dance. I grew up in Southern California, in Riverside. My dad was a professor at UCR, so we went wherever the dances were happening — Riverside, Costa Mesa, Corona, Irvine — whatever church gym was hosting that week. Now here’s the funny part. My background was ballet. Serious ballet.Nutcracker every year. Pointe shoes.Three to five...
Dear Reader, As you know, we’ve moved to Utah, and lately we’ve been unpacking the garage and closets to get ready for a party this weekend. In the middle of it all, my husband brought me a box from his office and said, “I think this is yours.” Inside were three old, envelope-sized wallets. One was black and sparkly.One had fun pictures on it.One was simple blue leather. And instantly, I was taken back about ten years. Back then, I used a full envelope system. I would literally go to the...