One of the most challenging things about starting your own business revolves around your very own cold hard cash. When you're starting out, you may scratch your head over how much you should pull from your savings account and dump into backing your idea. You may even head on over to the bank to chat about getting a loan to help fuel your mighty business plan.
Once the money starts pouring in, the head scratches over your money become even more confusing at times. You'll start to wonder how you should do your business accounting, pay taxes correctly, and even attempt to figure out how much of a salary you should take for yourself every month.
The best places to look for some of those answers are right inside books written by other fierce and fearless female entrepreneurs. Here are four of the best financial advice books to pick up this month:
1. Get Your Advice from a Shark
Author: Barbara Corcoran
If you've ever tuned into ABC's Shark Tank, you'll know Barbara Corcoran for her poise, determination, and at times, ruthlessness. But, you may wonder how she became a major player in real estate and the owner of a $6 billion dollar business. Her book tells her real-life story of how at age 22, she borrowed $1,000 from her boyfriend, quit her job as a waitress and started a small real estate office in New York City. Through her stories, you're able to watch her journey unfold and see how she took a small amount of borrowed cash and created a well-known empire.
2. Build a Relationship With Your Cash
Author: Amanda Steinberg
Who better to take money advice from than the founder of a financial site for women, Dailyworth.com. Amanda Steinberg's book dives deep into the relationships that women have with self-worth and money. The book outlines the key financial information that women need to know, while also cracking down on why women feel stressed and anxious when it comes to their own finances. She allows readers to feel as though money can be a source of freedom and independence, and that alone is why the book is worthy of a read.
3. Become a Badass With Your Cash
Author: Jen Sincero
You may have already fallen in love with Jen Sincero after reading her first book, You are a Badass, a couple of years ago. But she's back and this time; she's here to spew money advice that you've never heard before. Jen explores her own money transformation through personal essays with bite-size concepts and digestible advice. She helps readers tap into their natural ability to become rich, relate to money in a new way, and uncover what's holding a person back from making money.
4. Learn How to Go Big Instead of Going Home
Author: Julia Pimsleur
If you're looking for a book that gives advice from a handful of women entrepreneurs, who have raised capital, created powerful networks, and built multimillion-dollar companies – from scratch – this book is the one you should check out. It gives you the tips you need to secure funding, scale up and make the right connections. Plus, you'll find exercises at the end so that you can start working on your own money plan and strategy before you flip to the final page of this book.
WRITTEN BY
Jen Glantz