The RD Entrepreneur SymposiumFinancial Planning for Entrepreneurs
with Kristy Runzer, CFP®
Financial Planning for Entrepreneurs
Kristy Runzer, CFP®
Kristy Runzer is the Financial Planner for Entrepreneurs and the founder of OnRoute Financial. She serves entrepreneurs who are tired of feeling like they’re not in control of their money and want to make strategic and intentional financial decisions to reach their goals.
What we’ll cover:
Laying your financial foundation
Creating your financial plan
Working your financial plan
Money carries emotion. Embarrassed, ashamed, stressed, judgment, freedom,.
What does the process look like for creating a financial plan for life and business.
Looking forward with finances. Strategic and intentional to plan for future. MOney is a tool that can help us design and create this life and business that we love. Money is a tool that serves you.
How would you live if you had financial freedom and how can you step into the person today?
7:35 Lay your foundation, create your plan, work your plan
13:05 Lay your foundation: set clear money goals. Mindset : worthiness, dump the shoulds. Getting practical: think short, mid, and long term. Put some #s to your goals.
Organize your numbers: business: balance sheet (assets-debt = net with), profit loss: revenue – expenses = profit, bookkeeping software: quickbooks
Personal: assets + dept: mint.com, income and expenses: clarity money (free app)
29:00 Create your plan. Business planning: salary, profit, expenses, taxes, revenue
Personal: savings + investing, debt repayment, retirement, tax planning, estate planning, insurance planning
40:48 Work your plan: start taking action right away, regular check ins., create financial processes
50:00 mindset reminders