Lightbulb Moments in Finance: Illuminating Your Path to Location and Time Independence

Light Up Your Worth

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This episode of Light Up Your Worth explores the intersection of financial independence and personal growth with guest Penny Rose, a former forensic accountant turned tax strategist for creators and coaches. The discussion covers key topics for entrepreneurs, including the "Triangle of Freedom" (balancing financial, time, and location independence), transitioning from a traditional job to self-employment, and essential tax strategies for small business owners. Penny shares valuable insights on setting up a strong financial foundation, emphasizing the importance of understanding one's numbers and planning for taxes from the start. The conversation also touches on the challenges and considerations of running a location-independent business, particularly regarding state taxes.

Memorable quotes from the episode include:

"Knowledge is power. Many of us are afraid to look at our numbers, but you're not able to make the best decisions possible for your own finances if you're afraid to look at your credit card statement or your tax return."

"Habits I developed when I had a very small business continue. Because once you get the process set up, and you start doing it, it doesn't matter. You could hundred X your revenue and hopefully not a hundred X your expenses."

This discussion relates to the Light Up Your Worth podcast title by empowering midlife women to take control of their financial futures as part of their personal development journey. It encourages listeners to face their financial fears, understand their worth in monetary terms, and make informed decisions about their businesses and lifestyles. The episode illuminates the path to financial independence and location freedom, aligning with the holistic and spiritual mindset of the target audience by showing how practical financial knowledge can support overall life goals and personal growth.

Connect with Penny:
Instagram: https://www.instagram.com/mamapreneur_moneypro

Thank you for tuning into another illuminating episode of Light Up Your Worth. Your presence here is a testament to your commitment to healing, personal growth, and self discovery. As we conclude, remember, your worth is innate, your light is powerful beyond words, and your potential is limitless.
Remember, when you own your worth, your light shines with abundance. Until next time, let your inner light shine. Sending sunshine.

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