Episode 45 - Why We Need to Understand Finance for Property Investing
Once you decide to deal in property, you need to prepare your mind for all the financial aspects of your business. But how can you account for the income and expenses you make on a regular basis if you’re still fearing math? In today’s episode, I’ll be discussing the concept of finance and why you must understand it if you want your property business to thrive.
What You Will Learn In This Episode:
- Why you need to understand the finance aspect of property investing
- The right questions to ask yourself when you feel the fear of finance creep in
- How to get over your fear of math and finance
- The importance of having a healthy mindset when doing your finances
Understanding finances comes in handy when creating a strategy that works for your business, because that’s how you get to elevate your profits and make smarter decisions. You can also seek the services of a financial professional if you’d prefer to focus less on doing the finances and more on dealing with properties.
Resources:
- Download my Property Business Checklist at https://www.rachaeltroughton.com/checklist
- Find me on Instagram https://www.instagram.com/rachael_troughton