For example, you can choose to spend your money on car and have payment each month.
But soon the car smell will go away, and you will be left with huge monthly payment probably some regret and you will start to think of all the things you could have done with that money instead..
you need to pause and ask yourself, is this want or is this really need.
You want to have in place to order things for your business so you buying what you need and not just what your employees want.
you will want to decide if it's smart to buy or if you could lease it.
take step back and look at where you spent your money and see if there is area you did not realize or if there is area you could cut back on..
Roth IRA can be used tax-free for your first home purchase, for education or ideally, you can leave the in Roth IRA for your retirement..
Ideally, this money is in money market account, and you can utilize advisor to help you be strategic about where you allocate your savings..
This way, you have the cash for payroll and can continue to run your business until invoices are paid or your business growth returns..
The best way to get your life back on track is to get budget, get rid of your debt and create financial plan.
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