Not sure how to pay yourself from your business?  Or what to pay yourself?  Or how much you should put to the side to pay income taxes?

There are a lot of percentages and formulas floating all around but is it right for you and your business?  How can you be sure?  

Deciding what you should pay yourself as a business owner can be a confusing matter to resolve but I’ve got you covered. 

Note:  This episode is especially for you if you’re a solopreneur (DBA/doing business as; sole proprietor or a single-member LLC treated as a sole proprietor). There’s a separate episode for business owners of corporations.

Mentioned in today’s episode: 

  • the question you should ask yourself BEFORE you start transferring money from your business
  • the quick calculation you can use to figure how much to pay yourself 
  • The Pay Yourself Calculator (part of the Money Metrics Tracker Bundle)

Have money questions?  Want me to give you my 2 cents on an upcoming episode?  Send your question to podcast@thecommoncents.com.

If you’re hanging out on social media, you can find me on Facebook, Instagram or Twitter…as @thecommoncents.

Episode 014 - Getting Paid: How To Pay Yourself (Part One)

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