When you start a business there are 4 different taxes you should be aware of. Unpaid taxes are a major reason businesses fail. Understand , that the money you collect is taxed, so a portion of that money goes to the government. That is why it is beneficial to have a bookkeeper. We will keep track of how much you owe and when you owe it based on the transactions made in your business.
One of the best ways to avoid financial setbacks is to save money. When you have an emergency fund it is helpful to pull from it when you are in need. We all will have unexpected finances that come our way, the key to avoid a setback is to save your money over time. Living from paycheck to paycheck is not only stressful but it is beneath God's will for our life.
You know what really get on my nerve, when we try to live up to others expectations of success. We see the finish product or the result of someone else's work and compare that to our own life. That is the ultimate torture. Don't compare someone else's results to work you have not yet done. Its not fair to yourself. We can be inspired, we can even admire others but the worse thing we can do is compare. You know why, it will ruin our starting point. We go in debt trying to keep up or look the part and we don't take in consideration where someone else started from. A lot of people don't share the starting portion of their life. Many people don't mind reliving their downfalls or beginnings if it means it will help someone else. This is typically because they are healed and are no longer are trying to prove their worth to anyone. Some people are still dealing with their past, so their is no way they can share it with you.