Originally Posted by FrozenJag

Excellent post.

Also try and make sure your partner in life is on the same page as you are.

I feel im above average at money management, sometimes I reinvest too much into my business though. Right now im working on building up a larger emergency fund before investing too much more into business.

Why?

Well its smart to have a 6 month emergency fund anyway, but if your in business for yourself your business needs its own (especially if you have employees) emergency fund aswell. Especially those of us that are pretty dependent on search engine traffic. It can all go away very quickly and leave you with a big dent in your income.