But even when her income rose, she still felt broke until she changed the way she managed money.
At that time, she was working as a hairstylist in Minneapolis, making little more than minimum wage and struggling to pay her bills.
One of the first things that a lot of business owners don't realize is how important it can be to have a set salary.
Their overall goal was to have enough of an emergency fund that could cover both their living expenses and their business expenses for a year.
But once all the amounts owed became clear, they were able to set goals to pay off each debt.
Persons:
Rachel Pedersen, —, Pedersen, " Pedersen, Poul Pedersen, doesn't, there's
Organizations:
Service
Locations:
Dakota, Minneapolis