2 ms·
I’ve always thought of this rule (and the similar Profit First strategy, which I personally follow) as more of a guiding principle. When taxes, salaries, and e
by dceddia 4y ago
I’ve always thought of this rule (and the similar Profit First strategy, which I personally follow) as more of a guiding principle.
When taxes, salaries, and expenses come due, those need to be a priority, so before any money flows in or out, have a plan for how to set your own salary at X% while also meeting those commitments.