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Boosting Your Financial IQ

The Boosting Your Financial IQ podcast deconstructs accounting and financial concepts to provide listeners with a holistic understanding of how money works and how to create more value. The host, Steve Coughran, brings his wealth of experience working as a business owner, management consultant, and CFO to share examples, stories, and analogies that deepen business acumen and build skills related to financial literacy. Boosting Your Financial IQ centers in on financial and accounting topics that will empower you to identify value drivers and boost financial performance. Whether you are new to finance or a seasoned professional, this fresh podcast will equip you with real-life financial knowledge that will enable you to speak the language of money. Visit www.byfiq.com to learn more.

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Boosting Your Financial IQ

82: The Power of Paying Yourself

October 10, 2023 • Steve Coughran • Season 1 • Episode 82

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In the latest episode of the Boosting Your Financial IQ podcast, hosted by Steve Coughran, listeners are taken on a journey to understand the transformative power of paying yourself first. With his extensive experience as a business owner, management consultant, and CFO, Coughran shares valuable insights on how individuals can invest in their financial future. He emphasizes the importance of increasing earnings, reducing costs, and creating margin to set aside for savings accounts, retirement funds, or individual brokerage accounts. Furthermore, Coughran delves into how businesses can adopt a profit-first mentality to achieve the desired level of profitability. Through clear explanations, relatable examples, and actionable advice, Coughran empowers his audience to take control of their financial well-being and build a solid foundation for long-term success.

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BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

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