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James Han
Financial Coach @ Money Mastery
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Common cashflow issues when setting up a small business

· 3 min read
James Han
Financial Coach @ Money Mastery

Setting up a small business is an empowering career choice. It’s often a chance to turn your passions or talents into a livelihood – you’ll be your own boss and create something meaningful.

But as exciting as the journey is, it’s not without potential hurdles to overcome. One of the main challenges small business owners face is managing cash flow. For many entrepreneurs, cash flow issues can feel like an uphill battle, threatening to derail even the most promising ventures. In this guide, we’re going to look at three of the most common issues – and what you can do to solve them.

Use Tag to Thread a Financial Story

· 4 min read
James Han
Financial Coach @ Money Mastery

Why Tags are Awesome?

Unlike categories, tags offer freedom by nature. Whenever an idea or thought comes to mind, you can instantly add a tag to capture it.

Because of their flexibility, the most effective way to use tags is to map them to specific financial stories—real-life events that you want to track closely.

My friend Shaw once told me that his parents-in-law would be visiting in a few months. He’s super excited to share his life with them, but he also wants to keep an eye on how much he’ll spend—on hotels, meals, travel, fun activities, and more.

Categories are not enough for this purpose.