While many real estate professionals would like to make more money each year, they may find that their bank accounts aren’t filling up as quickly as they’d like, despite closing more deals. They may scratch their heads and wonder where all the money went. Even the best salesman can find himself behind the eight ball when it comes to making ends meet and building a successful business. When you don’t have the luxury of a steady paycheck, it’s important to make the money you do earn stretch to cover the lean times. Although creating a budget is important, it’s only part of the solution. The other part is tracking your expenses. Keeping track of what you spend means you can keep more of what you earn, which in turn helps your business thrive financially. It’s important to develop a tracking habit so that when you get busy, you’re still able to make time to record and update your expenses. Continue reading →
Tracking your expenses is a great way to start taking charge of your expenses.
Many of us want to achieve financial freedom—or at least financial stability—but aren’t sure how or where to start. Taking control of your finances is essential if you want to lead a thriving business. After all, how can you expect to reach your financial goals if you’re not sure where your money is going each month? Make 2015 the year that you start on the path to achieving financial freedom with these tips. Continue reading →
Many of us have the goal of achieving financial freedom—that is, having enough money to eliminate debt and live a comfortable life. In this snippet from the real estate event, MasterMind Summit 2013, Brian Buffini provides a unique way to view money. Continue reading →
Track your expenses with Referral Maker real estate CRM.
Unlike professionals in other industries, you don’t rely on a steady paycheck coming in twice a month. Your paycheck depends on when your transactions close, which makes some months are more lucrative than others. To have enough money to cover the lean times, it’s important to create and stick to a spending plan for your business. Part of this plan is tracking your expenses. “Oh, but that sounds so tedious,” you might be thinking. Keeping track of what you spend allows you to keep more of what you earn, so that you can run a financially thriving business. Here are three reasons to track your business expenses. Continue reading →