Podcast appearances and mentions of melissa whaley

In this episode of Created for This, host Danielle Roberts is joined by Melissa Whaley to discuss the importance of consistency in achieving success, specifically from an ADHD perspective.   We share personal stories and practical tips for overcoming roadblocks to consistency, such as burnout and unrealistic expectations. The conversation provides helpful strategies for prioritizing tasks, engaging in self-care, and using accountability tools. Listeners are encouraged to focus on small, achievable goals and to align their activities with their core values and current life seasons.   00:00 Introduction and Welcome 00:37 Meet Melissa Whaley: Success Through Consistency 01:28 The Struggle with Consistency 02:33 Mindset and Decision Making 04:27 Balancing Self-Care and Responsibilities 06:22 The Importance of Prioritizing 16:50 Tools and Tips for Consistency 25:09 Prioritizing Marriage and Family Time 26:39 Engaging the Creative Side 28:00 Aligning Goals with Core Values 29:38 The Importance of Taking Breaks 32:09 Adapting to Life's Seasons 34:37 Understanding Capacity and Avoiding Burnout 38:29 The Role of Accountability 41:46 Final Thoughts and Encouragement   Melissa can be found on Instagram, or you can get her core values workbook. Please go show her some love.   Other episodes Melissa and I have recorded are: Episode 111: Stop Sacrificing Your Marriage on the Alter of Business Episode 104: Danielle and Melissa Share Their Top 3 House Management Tips Bonus: Melissa and Danielle's Favorite Christian Money Books (and Our No List)  Episode 83: Lies Women Believe about Money and Business   *Affiliate links are present in these show notes. I earn a small commission when you order through my links, at no cost to you. Thank you for supporting myself and my family through your purchase.

Melissa and I both have seen so many marriages of small business owners end in divorce. We find this heartbreaking. Today we're here to encourage you to stop laying your marriage on the alter and sacrificing it for your business.  Join Melissa Whaley, Christian Life Coach with an emphasis on marriage coaching, and I as we discuss one of the most important things for married women - your marriage.  We look at: - What makes marriage healthy - How women can view submission as good (Eph. 5:22-33) - Involving your husband in your business - Mistakes we've made and how we're doing things differently.   Previous Episodes with Melissa Episode 104: Top 3 Household Management Tips Episode 83: Lies Women Believe about Money with Melissa Whaley Find Melissa and her Freebie Instagram https://www.instagram.com/ohheymelissawhaley/   and https://www.instagram.com/thetrailblazinglife/   Youtube https://www.youtube.com/@thetrailblazinglife   Website http://www.trailblazingcoach.com   Freebie Family Values Cheat Sheets https://trailblazing.podia.com/family-values-cheat-sheets  

God's given us homes to steward, and steward them well. Melissa Whaley joins me to chat about our top three house management tips. These are tips that are practical and ones that can be implemented straight away. As moms, Melissa and I have 10 kids between us. We are giving you things that make sense as moms and business owners because we're right there with you! We also share perspectives from our husbands - these are good! (We want you to talk to your own husband about these things!)   Melissa's found on Instagram over at Trailblazing Homeschool or her personal account, Oh Hey Melissa Whaley. Referenced in this podcast: Power of a Praying Wife book Atomic Habits Melissa's Values Workbook Danielle's Time Blocking Notebook or Digital Download  

Breast Cancer Survivor, Melissa Whaley comes on the show to tell her unbelievable story.  We usually focus on Great Stories on our show but hers is off the charts, it's absolutely amazing!  She shares from that first phone call from her doctor to now being cancer free.   Why does she share her story?  It was not easy for her to share but she does so to help others that have no idea what to do or where to go for help.  She felt alone just 18 months ago.  Now she is a beacon for others.  Her 4 Pillars have made her stronger as she recovers from this terrible, deadly disease.  Now, she wants to be a resource and someone to lean on as other women start their own path from discovery to recovery.   Breast Cancer affects 1 in 8 women. That is 25% of all women, that is a staggering statistic.  Recently, CT accepted the Real Men Wear Pink Nomination for Breast Cancer Awareness Month.  He immediately reached out to Melissa to be a Special Guest on the podcast.  Hopefully, we can continue to raise meaningful dollars that will save lives.  Melissa shared that there is hope thanks to new technology and new research.   Please donate if you are able.  25% of the women in your life are counting on you.  https://secure.acsevents.org/site/STR/?fr_id=103175&pg=personal&px=Wear Pink (acsevents.org) Thank you Melissa for sharing your story!    CT & Rich … and Phil!!!    

I'm jumping in and telling you my money story. A few weeks ago I posted an episode with Melissa Whaley and her money story. We talked about how she's worked hard to share her money thoughts and attitude. Today I'm going to share my story as we're in the middle of the open cart for my new class series Renew Your Money Mindset. There's been so much that's gone into this class series. I've loved talking and learning about money mindset in the last 3 or 4 years. My first abundance challenge was in 2018.  It's so cool to see God bring up the same topics repeatedly. In 2016, I wrote in my devotional, Created for This, and day 5 is called Money Matters. In this devotional, I read through the devotional and share the Bible passage Romans 12:13 which says, "Contribute to the needs of the saints and seek to show hospitality." Additionally, Matthew 6:20-24 says, "but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also. “The eye is the lamp of the body. So, if your eye is healthy, your whole body will be full of light, but if your eye is bad, your whole body will be full of darkness. If then the light in you is darkness, how great is the darkness! “No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money." In this episode, you'll here: My own relationship with money has taken a lot of work to rewrite my thoughts on money. For me, it has been studying God's word and principles about money. Anxiety and fear over money and what would happen are still things I think about, but not to the same degree. My childhood money story has impacted my current money thoughts. My husband and I started our marriage with very little money and we have struggled a lot over the last 10 years. I share about how I've used money emotionally, resulting in debt and bad spending habits. How my viewpoint on money has changed as a result of my own need to turn around my spending habits - seeing myself as a steward of the money we've been given. Combating scarcity mindset with Bible verses. Specifically Philippians 4:19, "And my God will supply every need of yours according to his riches in glory in Christ Jesus." Affirmations have been so helpful when facing struggles with money. Meditating on the scripture verses has helped those biblical truths to take root in my heart. In order to get our money back under order, it's been hard. It's included arguments and frustrations in our marriage because of difficult money conversations. It's still a very emotional part of our lives for me. My own personal struggle to cut down on my spending. Following The Budget Mom and using her Budget by Paycheck method to help with overspending and saving money. Creating a mindset that focuses on generosity. The focus has been on stewardship which is something I'll be talking more about in the Renew Your Money Mindset classes. My whole outlook on money has changed. But it's been a heart change.  I don't think it's wrong to desire more money when our focus is to bless others through generosity of sharing what God's given. I'm inviting you to step in and discover what God has for you, so you can have joy and freedom in an area God desperately wants to capture your heart. Renew Your Money Mindset is for you if you're wanting to learn money mindset from a Christian, biblically-based program. The live round closes on June 18. If you have questions, email dmr@daniellemroberts.com. Money book I recommend: (Amazon affiliate links which means I earn a commission from your purchases at no cost to you.) Your New Money Mindset Money Possessions and Eternity Neither Riches Nor Poverty How Should I Think About Money?

To join the email waitlist for Renew Your Money Mindset when it launches on June 14, click here.  

In today's episode, we're talking TAXES with my accountant and tax expert, Melissa Whaley. DOES TAX SEASON = PANIC ATTACK? You don’t know what to do, you’re not sure how much you've made, and you’re mildly terrified of what you might owe… You're Melissa's favorite type of client! Her team works virtually with online business owners who light up over their work but freak out over their numbers. They help you drop the dread and get in control. When they say, “know your numbers”, it really means… “know your BUSINESS“. ABOUT MELISSA: Melissa Whaley is CEO, a licensed tax pro, financial strategist, public speaker, educator, and beachy California girl. With five kids, she understands the pressures and stresses of running a business. She grew up in a family of entrepreneurs and remembers hearing those all-too-familiar conversations about making money and tax deductions. She stumbled into taxes after signing up for a tax preparing class nine years ago. Together, with her team, she takes all the fear and guesswork away from your tax season. www.melissawhaley.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/dontbestuck/support

Notes Coming.   Follow Melissa Whaley on Instagram Check out her website

Build a website in just 5 days (even if you're not techie) at www.free5daywebsitechallenge.com Already have a website? Take the Free "Jumpstart Your Website Traffic" marketing mini-course at www.jumpstartyourwebsitetraffic.com Leave a Review! So it’s about two weeks after tax day here in the US, so by now you’ve probably gone through the tedious process of filing your income taxes. It’s the unglamourous part of online business that nobody really talks about. Sure, we all talk about the freedom, flexibility and financial independence that comes with being your own boss and owning your own business - but the flip side of that is that we’re also still responsible for all the boring and sometimes complicated administrative stuff that we also were annoyed by at our day jobs, like filling out expense reports and other tedious stuff like that. So when it comes to taxes, if you’re a side hustler, you’ve got that extra layer of reporting your side hustle income and expenses on top of your W2 wages, and then making sure you’re paying taxes to all the people you’re required to pay taxes to, like in my case it’s Federal, State and local, and I’m honestly never 100% confident that I’m doing it right. And I don’t know if you’ve ever had this experience, but the couple of times that I’ve tried to hire a CPA in the past, I left those meetings even more confused than when I walked in, feeling like I needed to learn a whole other language in order to follow the conversation and knowing that this definitely is not the right person for me if they can’t - or won’t - explain things to me in a way that I can understand. That’s why I’m so excited to bring you today’s guest, Melissa Whaley. She’s an accountant who works specifically with online business owners like us to help us understand the financial side our businesses without making us feel like total idiots in the process! I’m so excited to have Melissa on the podcast today, not only for my own selfish reasons because I’ve been doing my books and taxes on my own for so long and have always had this really uneasy feeling about whether or not I’m doing it right, but because Melissa’s just like us. She started out working at a large tax company, and she wanted the freedom, flexibility and financial independence that comes with running your own business - especially because she’s got four kids! But she saw a gap in the way her clients were being served, and she stepped in to fill it. Today on the podcast Melissa and I are talking about: Exactly how and why Melissa helps online entrepreneurs and side hustlers like us with our business financials and taxes. How Melissa took a skill she already had and turned it into an online business. The general rule for knowing when you need to start paying quarterly taxes when you’re still side hustling. How to look at your business finances in a way that makes sense as a layperson. What to pay attention to when it comes to your expenses. What to look for when choosing an accountant or CPA. How Melissa manages running her business as a wife and mother of four. Melissa’s best advice for growing your team. The one belief Melissa had to change about herself to get where she is today. Resources Mentioned in this Episode: www.MelissaWhaley.com The Legal Roadmap Podcast with Autumn Witt Boyd - Tax Strategies for 7-Figure Businesses Where to connect with Melissa: Melissa’s Instagram www.MelissaWhaley.com My favorite quotes from Melissa: “When you’re an expert in an area it’s not that you have everything memorized in your head, it’s that you know enough about the subject to be able to research and find the right answer.” “If you ignore your numbers for too long, that’s a recipe for your business to implode and for you to burn out.” “When you know the numbers in your business it’s really empowering. It really helps you make that next good decision to move your business in a positive direction.” "It’s important to be able to step back, evaluate where you’re at and where your business is at and say, ‘Ok I need to make these changes.’” “We want to have businesses that make us feel good and feel fulfilled and we are enjoying serving other people.” Bio: Melissa is a Virtual Tax Advisor for creative business owners. She helps demystify taxes for people who light up over their work and freak out over their numbers. She is a California native, married to her college sweetheart for 10 years and they have 4 awesome kids together. You can find her chugging iced coffee while geeking out over all things tax.

What sets Christian business owners apart from the rest? Should we follow the standard business advice out there, or should we be doing things differently? In this conversation, Holly and I dive into the topic of business again. In episode 38, you heard Holly interview me as I shared about my business journey. But today, we are digging into some key principles that we believe set us apart as Christian women in business. Whether you have a business of your own, work in a business environment, or have considered working from home or starting a business, this episode is sure to give you some points to consider! And if you are someone who would like to earn some extra income from home, join me for my free workshop to help you understand your options. It's taking place April 9th, 2019 at 12:30pm Eastern. Sign up here for the free workshop:5 Ways to Earn Income From Home. Ministry or Business? Before we discuss the key principles, we want to tackle one question that we received in our private Facebook group: How do I know if I have a ministry or a business? Holly and I each share our perspectives on this, and we note that we all have a ministry, regardless of what kind of work we do. We are all called to bring glory to God in whatever we do, and we’re also called to make disciples. However, if we are purely discussing ministry vs. business in an organizational sense, we identify a ministry as typically being a non-profit organization whereas a business would be for-profit. In this conversation, we are primarily focusing on business in the traditional sense, where a product or service is being offered in exchange for money. 5 Key Business Principles as a Christian Business Owner: 1. Our focus is a Kingdom focus instead of an earthly one. Colossians 3:2 - “Set your minds on things that are above, not on things that are on earth.” Having a Kingdom focus will affect the way we view work itself, the way we view our money, and the way we treat others. In episode 3, Abby Rike Rockenbaugh shared that in Christian leadership, we might do things differently than what the typical business advice might be.   2. We steward our money and recognize that it belongs to God. When we view our business finances in this way it really gives us a good perspective on how we handle things.  We are working in God's business and we are handling God’s money so what we do with it matters. Deal with your money mindset. Take your finances seriously. It’s not wrong to make money.   Hebrews 13:5 “Keep your life free from the love of money, and be content with what you have, for he has said, 'I will never leave you or forsake you.'" The issue is not earning money but rather having a love of money. It comes down to trusting God to provide what you need. At the same time, you need to be willing to work when necessary without being obsessed with money or wealth. Listen to the How They Blog episode about making money as a blogger or online. Listen to episode 35 with Melissa Whaley. Visit Holly's website to learn more about her bookkeeping services. Download Holly's FREE Guide: Best Practices for Handling Money as a Christian Business Owner   3. We treat our clients and customers as people made in God’s image, not just as a means to an end. We believe that if you are a Christian business owner, then every person you interact with should be treated with dignity and respect, because they are made in God’s image. This means that even if they hold different values than you do, or even if they are rude or unkind, we still have the choice to treat them with kindness. Also means that we don’t see our clients or customers just as dollar signs or stats on a page… but rather real people. Honesty, respect, and integrity should mark us as Christian business owners. It’s also important to remember that we never really know what others are going through. We are able to meet people’s needs and minister to them even in the business world by showing them love. Your business does not have to be faith-based to be effective or to be a ministry.   4. With our marketing, we are strategic but not sleazy. There’s a lot of things you can do in marketing that are legal and even praised in the business world…. But they can sometimes become sleazy. It’s possible to promote a product or service without being dishonest. It’s also vital not to be desperate in our marketing attempts. It’s not wrong to sell or to use marketing tools in your efforts, and it’s important to recognize that not everyone will love what you do or buy your product or service.   5. We operate out of our core values. What are core values? They are how we make our decisions. We all have them, but we’re not all intentional about identifying them. Getting clear on your core values will help you make clear decisions. Our core values should be connected to our faith in some way. When we follow other business mentors or leaders, we need to discern whether what they are teaching line up with our core values and/or line up with Biblical principles. It’s easy to get “FOMO” and feel worried about missing out on business or leads if you don’t know what your core values are. Other Episodes Mentioned: Episode 3: Surviving Loss & Embracing Leadership with Abby Rike Rockenbaugh Episode 35: Healing from Ministry Hurts with Melissa Whaley Episode 36: Ditching Balance for Surrender Episode 38: From Social Worker to Business Owner   Connect with Esther, Holly, and the Christian Woman Leadership Podcast:   Esther’s Instagram Holly’s Instagram Podcast Instagram Facebook Page   Episode Sponsor: Confident Leader Club   Today’s show is brought to you by the Confident Leader Club. If you’re a Christian woman leading in ministry or business, and you have a desire for deeper community with other leaders, accountability towards reaching your goals, access to ALL the downloads I’ve created, monthly bonus content including workshops and trainings on specific topics, and much more, I want to invite you to check it out. Visit confidentleaderclub.com to learn more. Key Quotes: “The love of money can affect rich, middle class, and poor. When our obsession becomes money, that is when it’s a wrong perspective and a wrong attitude.” “If I were to only serve Christian business owners, I’m actually losing an opportunity to minister to people who might not otherwise get to know God.” This episode was originally published on estherlittlefield.com/episode40.

Have you ever been hurt through your time in ministry? Do you wonder how to weave faith into the day-to-day operations of your business? What role does obedience play when you’re processing hard times while growing your business? In this episode, I talk with virtual tax advisor Melissa Whaley about what leadership looks like when you’re processing ministry hurts plus how our faith grows as we lead our businesses. Simple ways to weave your faith into your business: Share principles of what Jesus taught. In Melissa’s case, she shares about the importance of paying taxes and being honest. Don’t be ashamed to share your faith and talk about how God is working in your life. Melissa will share with others God’s view on money. Encourage people to grow in their faith. Melissa does this by encouraging people to be good steward of their business and personal finances. Processing ministry hurts Anyone who has gone through a church split or left a church knows that it’s emotionally difficult to process. After going through a split at her church, Melissa shared these lessons: Remember that it takes time to heal, trust, and start relationships again. You may need a change of pace like a house church. Obey what God asks you to do even if you don’t feel like doing it. Evaluate whether visiting a spiritual director might be a fit for you. Be kind to yourself as you adjust from having a leadership role to simply attending on a Sunday morning. Melissa’s book recommendations: Daring Greatly* by Brene Brown Rising Strong* by Brene Brown Key Quotes from episode: “If you have other people watching you and following your example, you’re a leader.” “God can equip you to lead in a small or large capacity.” “My purpose is not to make as much money as possible, but to serve people well and to help them and to weave my faith into my business." For the full show notes for this episode, visit estherlittlefield.com/episode35. Connect with Melissa Whaley: Website Instagram Facebook Discounted Tax Guide   Other Ways to Connect with Esther & Holly and the Christian Woman Leadership Podcast: Website Esther’s Instagram Holly’s Instagram Podcast Instagram Facebook Page  Episode Sponsor: Confident Leader Club Today’s show is brought to you by the Confident Leader Club. If you’re a Christian woman leading in ministry or business, and you have a desire for deeper community with other leaders, accountability towards reaching your goals, access to ALL the downloads I’ve created, monthly bonus content including workshops and trainings on specific topics, and much more, I want to invite you to check it out. Visit confidentleaderclub.com to learn more. This episode was originally published on estherlittlefield.com/episode35. To join the Purposeful Leadership Facebook Group, go to estherlittlefield.com/group. *Affiliate links.

The post Episode 134: Making Your Wedding Business Taxes Easier & Less Stressful with Melissa Whaley appeared first on Evolve Your Wedding Business - Wedding Business Marketing & Strategy.

Does tax season have you feeling blue? Are you struggling to figure out how to manage your self employment tax, income tax, and also how to figure out SALES tax, too?  Running a business is hard. And crunching numbers is just another stressor to add on top of it all.  That's why I asked Tax Advisor Melissa Whaley to hop on the Rebel Boss Ladies show with us. Not only is she a rebel herself, but her tax insight will help you simplify taxes and ultimately save you money in the long term.  Melissa Whaley has been nerding out over taxes for over 10 years. She's a virtual tax advisor for online and creative businesses and is going to share her experiences working with online business owners and digital product sellers. Get ready, because she's about to share everything you need to know about finances when you sell digital products online. Enjoy the show! Check out EdenFried.com/012 to read this as a blog   //GUEST BIO// Melissa is a Virtual Tax Advisor for creative business owners. She helps demystify taxes for people who light up over their work and freak out over their numbers. She is a California native, married to her college sweetheart for 10 years and they have 4 awesome kids together. You can find her chugging iced coffee while geeking out over all things tax.   //LINKS IN THE SHOW// Visit Melissa's website – https://www.melissawhaley.com Follow Melissa on Instagram right here Melissa recommends checking this site out for sales tax information for digital products! https://www.taxjar.com/ Check out Melissa's PDF guide to tax deductions here   //LET'S CONNECT// Visit the site over at EdenFried.com Instagram| click here to join in on the fun Pinterest | https://www.pinterest.com/bloggerinsights/   //FREE GIFTS// Learn how I made my first ever $1k online and started to build my life of freedom and flexibility - download the ebook here at edenfried.com/case-study Create your first sales funnel with these FREE sales funnel templates: access here at edenfried.com/sales-funnel-worksheet Skyrocket your email list by using these 20 list building methods (free guide): https://edenfried.com/list-building-freebie/ 

Something that has recently been mind-blowing to me was that when I was recently asked about how business was going, I responded that I was content with where I was. I’m usually the person who wants more money, I need more other things, I want to do more and be more. I’m content about my accountability coaching, teaching people about essential oils, my planner and my other side projects. Contentment is hard for me. I’m a perfectionist and I expect a lot from myself. I feel like I should be further along, or be making more money. As entrepreneurs, I feel like we have to constantly be reaching for more and better. For me, that contentment comes down to a lot of money mindset work. How is that possible? Well, I’ve been working a lot on knowing the numbers in my business. By knowing how much money we have, how much money I’m bringing in and where the money is going. My husband has a full-time job outside the home and our money is our two incomes combined. I feel in some ways responsible because I’m the one who is choosing to work so I’m the one paying the daycare bill and not paying the daycare bill which is ludacris. For me, knowing my number is how much I’m spending in my business if I’m not a payment plan if we need to buy groceries, or how much we need for other things. I know that the money that I’m making is taking care of our needs. I’m content knowing that what we’re doing is working and it’s good. I also know that our God is an abundant God. That’s been a huge switch for me recently. Contentment is so much of a heart game. Paul says in Philippians 4, that had learned to be content in all circumstances. This mindset shift is why I’m so passionate about what Melissa Whaley and I have put together for Know Your Numbers Live (formerly Q4 Financial Fix). Know Your Numbers Live is a 6-week program with training from Tax Advisor, Melissa Whaley, on Have a clear system on how to track your income and expenses Have the tools and skills to get your 2018 income and expenses sorted and ready for tax filing Gain a better understanding of how you work and how to prioritize the work The knowledge you need to take your business up a notch with Accountability Coach, me, Danielle Roberts, so you actually finish the program and start off 2019 on solid financial footing. Join us here now!

Melissa Whaley joins me to talk about how she is not using her college degree of Youth Ministry but serving business owners as a virtual tax advisor or entrepreneurs. She helps implement financial systems for people who light up over their work and freak out over their numbers. She is a California native, married to her college sweetheart for 10yrs and they have 4 awesome kids together. You can find her chugging iced coffee while geeking out over all things tax. Q4 Financial Fix - Stop the finance overwhelm and lessen your money anxiety with a three-month program from Melissa and me where Melissa will be teaching three live classes on various business finance topics and I'll be providing four 15-minute accountability calls to ensure you actually get the work done. You'll be ready for tax season 2019 and going into the new year financially stronger. This program closes for enrollment on October 20 so sign up now. The first five people get a free 30-minute strategy and goal planning session. Hang out with Melissa on Instagram or check out her website. For informative videos and tutorials, go watch her on YouTube.

Julie and Melissa talked about the fun in numbers and taxes.

Tax advisor and financial strategist Melissa Whaley and I talk about why having a tax pro on your team is essential as you grow your business towards seven- or eight-figures! Learn the benefits of working with a financial advisor, how a pro can save money both short-term and long-term, and some pitfalls of DIY’ing this area of your business. Melissa also explained the tax advantages to filing taxes as an S corporation, and when a business owner should at least have a consultation with a financial advisor who can help with tax planning. We even talked about how you can lose the liability protection an LLC or corporation provides for your personal assets if you are commingling personal and business funds (piercing the corporate veil). You can find more from Melissa at https://melissawhaley.com/ Sign up below to get a free 5 Minute Intellectual Property Audit.  You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm). This podcast is information, not legal advice specific to your situation.

Today I’m talking with Melissa Whaley of MelissaWhaley.com and we are chatting all about being financially savvy in your business. Melissa shares a lot of great information like getting started with the right accounting system (including some free ones that she suggests). She also talks about staying up to date with your finances and what you should be doing yourself versus what you should look into outsourcing early in your business. She also discusses some of the mistakes she sees business owner’s making in their finances and how you can fix them, as well as why being financially savvy is a benefit to our clients and customers and our own business. Melissa Whaley is a licensed Tax Pro, Financial Strategist, and California Momma of 3. Melissa works virtually with creative business owners who light up over their work and freak out over their numbers. Her favorite things are sipping a good latte and exploring outdoors with her family.

Though tax season is a stressful time for many freelancers, we avoid asking for help or even talking about money. But the subject of finances shouldn’t be taboo – nor should it be a source of anxiety for you as an entrepreneur. In fact, today’s guest will teach you how to karate chop that stress and get your finances in order.  Melissa Whaley is a licensed tax professional, financial strategist and California mama of three. If profit is not a word you use to describe your business, then Melissa will work with you to build systems and make that dream a reality. As the owner of Whaley Bookkeeping and Tax, she helps solopreneurs and small businesses get their finances on the right track via virtual bookkeeping and tax consulting services. Listen in as Melissa shares strategies for tracking expenses and calculating quarterly estimated taxes, and get her advice regarding the free online tools available. Now is the time to stop feeling overwhelmed and get the deductions you deserve!   Key Takeaways The difference between revenue and profit Revenue denotes the amount of money paid to a business Operating expenses and taxes must be subtracted from revenue to determine profit   How much should freelancers be setting aside for taxes 5% of profit at a minimum Melissa recommends 25%   The deductions freelancers deserve but often miss Cell phone bill Monthly subscriptions to tools/apps Mileage Client dinners   The importance of creating a system to track expenses and income Ensures freelancer will receive deserved deductions Allows self-employed to pay taxes quarterly Prevents stress at tax time   The necessity of establishing a relationship with a tax professional No easy answers apply to every business Help understand how business, personal and family finances work together Assist with decision-making as business grows and changes Identify deductions specific to your situation Interpret IRS codes and/or represent you if necessary   Melissa’s top tip for new and aspiring online business owners Open a separate bank account for business   Resources Wave Accounting   Connect with Melissa Whaley Website Instagram

Money is something all business owners handle whether it's analyzing profit, paying others or calculating taxes. Join Melissa and Tonya as they discuss best practices for handling money and gain tips from Melissa for maximizing you time by creating money systems. Melissa Whaley is a licensed Tax Pro, Bookkeeper, and California girl. She help entrepreneurs karate chop their stress and get their finances in order. Melissa loves hanging out with friends over coffee and that's what she wants my clients and students to experience. Grab a cup and let's learn about the financial side of running your business with Melissa! IN THIS EPISODE 1:00 Melissa is joining Tonya to talk about the money side of business. 3:20 Melissa's parents were both entrepreneurs and how money was growing up. 6:02 What Melissa has learned from her parents about money and about budgeting through maxing out credit cards and spending money in college. 10:29 How Melissa helps business owners to build the systems to track their money. Her sweet spot in helping them figure out where they're spending money and then figuring out the puzzle of taxes. 12:41 Melissa's favorite tools for working with money. 15:05 Easy tips and habits to implement that will make it easier to see what money is available for your business. A lot of times the systems Melissa uses can be overwhelming, but find a system that works for you. 20:25 Realize that you don't have to do it all by yourself if you need help. You can also have an accountability partner who would check in with if you're doing what you need to do. 22:20 How to set profit goals and how to meet them. 25:24 Advice from Melissa on taxes and tax season. The common questions she receives on deductions and the answers. 29:40 How Melissa works with tax clients and what she offers for her monthly clients. [bctt tweet="If you don't know how much you've made then your money is running you, you're not running your money." username="tonyarineer"] KEY TAKEAWAYS How Melissa learned from being in debt and how she started getting her finances under control. Melissa's favorite things about working with entrepreneurs and their money. Make a commitment to yourself that you're going to sit down and work on your business. Evaluate your spending habits on a monthly basis. How Melissa serves clients. EPISODE RESOURCES Wave Quickbooks Free Money Mindset Training- just in case you're ready to take your profit power to the next level! Hang out with us inside our free Facebook Community- where every day is a party! CONTINUE THE PROFIT PARTY WITH MELISSA Melissa's website Melissa's Facebook page Melissa's YouTube channel SHARE THE LOVE! Thanks so much for hanging out with me! Have some feedback you'd love to share? Leave a comment below. Or... if you want your comment or biz question featured on an upcoming episode, leave a voicemail. I'd love to spotlight you! If this episode was valuable, please help by paying it forward and sharing with a friend :-)

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