Side Hustle Ideas // Online Business // Passive Income Ideas - 10 Smart Ways to Manage Business Finances Like a Pro!

Here are 10 Ways To Manage Business Finances Like a Pro (Even If You’re Just Starting). Sign up to Revolut Business https://www.revolut.com/rb/thehumblepenny to receive a £200 welcome bonus when you add money to your account by May 31, 2025. Subscription fees and T&Cs apply, new UK Business customers only. AD - This video is sponsored by Revolut. ✅ Read our Sunday Times Bestseller, Financial Joy - https://geni.us/financialjoy ✅ Join Financial Joy Academy - https://FinancialJoyAcademy.com for our community of Dream Makers achieving Financial Freedom and business goals together. ✅ FREE 42-week Take Control & Grow Your Money Programme - https://thehumblepenny.com/takecontrol ✅ Visit The Humble Penny Shop - https://shop.thehumblepenny.com/collections/all ✅ Book 121 Power Hour Coaching - https://checkout.financialjoyacademy.com/power-hour/ ✅ Book 121 Financial Freedom Coaching - https://checkout.financialjoyacademy.com/financial-freedom ✅ Gain investing confidence in only 12 days with the 'Super Simple Investing' course - https://thehumblepenny.com/SSI ✅ Other Coaching Offerings: https://thehumblepenny.com/coaching ★★ RESOURCES MENTIONED ★★ 👉🏽Invest THIS In An ISA To Make £2,000 Per Month Passive Income (Tax-Free) - https://youtu.be/uiJs9ZBlQlU?si=o5M2z67llrODP0DS 👉🏽If You Have £5,000 In The Bank, Do These 5 Things - https://youtu.be/Ckdqp7WvdfY ★★ SUBSCRIBE TO OUR CHANNEL HERE ★★ https://www.youtube.com/thehumblepenny?sub_confirmation=1 ★★ POPULAR VIDEOS ★★ I Wish I Knew THIS About INVESTING MONEY When I Was 20 - https://youtu.be/C9c4TCAe1SE 9 BEST Passive Income Ideas for £1000 per month (In 2025) - https://youtu.be/qwn_Gc46ahE 5 Breakthrough Passive Income Ideas - https://youtu.be/FJUKYuo6Oyw 7 Things No One Tells You About Passive Income - https://youtu.be/6Mw0yncGj5Y How To Invest £1000 (9 Best Ways to Invest) - https://www.youtube.com/watch?v=0jRQk8Xkvxg ★★ READ THE BLOG VERSION ★★ You've Been Trained To Be Poor! (10 Shocking Money Traps) - https://thehumblepenny.com/trained-to-be-poor-money-traps/ ★★ EQUIPMENT USED ★★ Canon EOS M50 Camera - https://amzn.to/2zcz1K0 Canon 5D Mark II Camera - https://amzn.to/2xRF1XD Canon EF 24 - 70mm F2.8L Lens - https://amzn.to/2lFwdRQ Canon EF 50mm F1.4L Lens - https://amzn.to/2lF6Sr9 Manfrotto Tripod - https://amzn.to/2YC3Sto Apple iMac 2019 - https://amzn.to/2lEXNyz Rode Microphone - https://amzn.to/2lFs0O2 ★★ ABOUT US ★★ KEN: I'm married to Mary (the other half of The Humble Penny) and I'm a proud dad. Former CFO by day with over 12 years of experience in the investment business. I'm a Chartered Accountant and hold an MBA from Cambridge University. To explore my creativity, I'm a blogger, YouTuber, speaker, etc. I create from my experiences as a family man and First Generation Immigrant. I have a passion for all things Personal Finance, Business, and Personal Development. I also love Photography, Music, Travel, and Sport. We became Financially Independent at age 34 and our story has been featured on the BBC, ITV, Financial Times, The Sunday Times, etc. ★★ WANNA CONNECT? ★★ Blog - https://thehumblepenny.com Insta - https://www.instagram.com/thehumblepenny Pinterest- https://www.pinterest.co.uk/thehumblepenny Twitter - https://twitter.com/thehumblepenny Facebook - https://www.facebook.com/thehumblepenny/ ★★ BUILD WEALTH ★★ Visit our online school at Financial Joy Academy for all our wealth building Action Plans: https://www.financialjoyacademy.com/ Massive thanks for watching and following our channel :) ♥ 0:00 - Intro 0:31 - About me 1:00 - 10. Budget With Buckets 1:49 - 9. Separate Business and Personal Finances 2:15 - Join Revolut Business 3:23 - 8. Pay Yourself a Salary No Matter How Small 4:00 - 7. Track Your Cash Flow Weekly 4:27 - 6. Negotiate Favourable Payment Terms 5:31 - 5. Set Aside Taxes Automatically 5:51 - 4. Automate Your Admin 6:06 - 3. Review and Discuss Finances Monthly Like a CEO 6:57 - 2. Track Profit, Not Just Revenue 7:25 - 1️. Build Financial Systems, Not Just Income 7:49 - Bonus point 8:19 - Conclusion Best, Ken and Mary #sidehustle #startingbusiness #businessfinances ★★ WHAT THIS VIDEO IS ABOUT★★ 10 Smart Ways to Manage BUSINESS FINANCES Like a Pro! This video may contain affiliate links and we may get paid a small commission if you click on a link.