Episode 3

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Published on:

31st Jul 2024

Why You Need to Separate Business and Personal Finances as a Creative Entrepreneur

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Welcome to Creative Minds, Smart Money—the go-to podcast for creative entrepreneurs looking to thrive financially without losing their creative edge! I’m your host, Samantha Eck, and in today’s episode, we’re tackling one of the biggest financial musts for any creative business owner: separating your business and personal finances.

I’ll explain why keeping your finances separate is a game-changer, from avoiding legal issues to having a clearer picture of your business’s health. We’ll chat about the risks of mixing funds (trust me, it’s not worth it!) and I’ll walk you through practical steps to make sure you’re staying on track. From setting up a business bank account to using accounting software, we’ve got all the tools and strategies you need to streamline your financial management and keep that creative energy flowing.

Connect with Samantha:

Website: https://www.firestormfinance.com/

Instagram: https://www.instagram.com/firestormfinance/

Threads: https://www.threads.net/@firestormfinance?hl=en

Pinterest: https://www.pinterest.com/firestormfinance/

Newsletter: https://firestormfinance.myflodesk.com/ajmiv1kyt1

00:00 Introduction to Creative Minds Smart Money Podcast

00:39 The Importance of Separating Business and Personal Finances

03:11 Steps to Separate Business and Personal Finances

05:23 Tools and Strategies for Financial Management

08:46 Case Study: Ella's Financial Transformation

10:01 Conclusion and Final Thoughts

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About the Podcast

Creative Minds, Smart Money: Finance & Business Tips for Creatives

Welcome to Creative Minds, Smart Money – the go-to podcast for creative entrepreneurs who want to master their money without losing their artistic spark. Hosted by Samantha Eck, a creative business bookkeeper on a mission to help you thrive, we’re here to tackle the financial side of your business in a way that makes sense for your creative brain.

We’ll break down bookkeeping basics and money strategies designed specifically for creatives – from pricing your services with confidence, to mastering cash flow so you can keep your business running smoothly (even in the slow months). You’ll get actionable tips on how to manage your money, grow your creative business, and still have time (and funds!) left for what you love.

Along the way, we’ll dive into marketing tips, business systems, and the mindset shifts that’ll help you build a sustainable creative business without sacrificing your passion or paycheck. And every now and then, I’ll bring in industry experts to share their insights on key areas like business growth and operational efficiency.

So, if you're ready to blend creativity with financial success, hit subscribe, and let’s turn your creative talents into a thriving business that fuels your dreams!

About your host

Profile picture for Samantha Eck

Samantha Eck

Samantha Eck is the powerhouse behind Firestorm Finance, where she transforms messy financials into crystal-clear roadmaps for success. With six years of corporate accounting under her belt, a formal education in numbers, and the street cred of running two creative businesses, she’s uniquely equipped to help fellow creatives decode the story their numbers are trying to tell. When Samantha’s not wrangling QuickBooks, you’ll find her dominating on Xbox or curled up with a page-turner, her husband by her side and her pup Vivi keeping watch. She knows that clarity in the books leads to big, dreamy business moves. Ready to see for yourself? Tune into her podcast, Creative Minds, Smart Money, where she makes money talk feel like catching up with a friend.