“I use a percentage in my head about how much I spend per thing.”

Chris Header · The Ecommerce Roadmap · 344: How Kris Doubled Her Sales in One Year and Stayed Profitable

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18:08

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What was described

set a personal rule to spend only a certain percentage of revenue on each expense

Said nearby on the same subject

“I want you to take a percentage of your profits each month… 5%, 10%, 15%, whatever, and set that aside for business retained earnings”
DR
Dave Ramsey
The Ramsey Show ·
How they work 5%, 10%, 15% Share this moment
“You come up with a list of people, how much you want to spend on each person. You have a total budget. If you spend more on somebody than you expected, then that means you have to spend less on somebody else.”
CH
Clark Howard
The Clark Howard Podcast ·
How they work Share this moment
“Imagine planning expenses around three promising conversations, then discovering that only one person is ready to proceed.”
PA
Paul Alex
The Level Up Podcast w/ Paul Alex ·
Hard number 3 promising conversations, 1 person ready Share this moment
“One thing people often don't realize is things like income protection, uh, when paid in your own personal name can be a tax deductible, um, expense for yourself personally, which means, you know, for a high income earner, potentially with not a lot of deductions, um, you know, every single dollar that they're spending on income protection can actually reduce...”
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