347. If you’re paying a professional then do what they tell you to do

Business Buyer Diaries: the Reality Before, During, and After

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Navigating the choppy waters of financial transitions can be daunting, especially when unexpected changes catch you off guard. This week, we share our own story of navigating a major shift in our professional and personal finances. After receiving significant news that reshuffled roles within our team—including the appointment of an interim GM alongside our current GM who is transitioning out with severance—we found ourselves reevaluating our financial strategies. Join us as we candidly discuss the emotional and psychological challenges of adjusting to a more constrained budget, sharing insights into how we're simplifying our entrepreneurial ventures and practical steps for managing our finances effectively.
Our journey isn't just about cutting costs; it's about confronting discomfort and adapting to new financial realities while staying true to our frugal roots. Despite our pride in minimal spending and maintaining a stellar credit score, we've received advice urging us to fully utilize our budget, even if it means stepping outside our comfort zone. From sending a long email to our attorney with essential documents to reassessing our modest lifestyle—which includes swapping phones every few years and driving rusty vehicles—we explore how balancing familiar financial principles with new strategies can lead to stability. Tune in to hear our thoughts on embracing the discomfort necessary for financial growth, and perhaps find some inspiration for your own financial journey.

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