“Keep them very separate... not keeping good records... having an accountant who's going to hold you accountable for how you spend your money.”
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Said on Entrepreneurs on Fire
Cody Garrett · ChooseFI | Financial Independence Podcast · 621 | The Math Says You're Fine. Why Don't You Feel Fine? | Cody Garrett
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named separate accounts (e.g., travel, charitable giving) to earmark money for specific purposes
“Keep them very separate... not keeping good records... having an accountant who's going to hold you accountable for how you spend your money.”
“Open a separate savings account, name it after your college or your exam, and set up an automatic transfer every payday that roughly matches what you'll need across the year”
“Setting up dedicated accounts, you give yourself permission in the future to spend the money on what you said that money was supposed to be for”
“We traveled to 28 different communities. Over 30,000 kilometers, the team traveled across Canada from the Yukon right to Newfoundland to bring it city-specific events to different communities across the country.”
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