75. Pay Yourself First: A guide for business owners

As business owners, we pour our time, energy, and resources into making our businesses successful—but what about paying ourselves? Too often, business owners (especially in family businesses) put themselves last, taking whatever is left over instead of ensuring they earn a sustainable income.

In this episode of The Rural Bookkeeping Podcast, we dive into why paying yourself first is a game-changer for both your business and personal financial well-being.

We’ll explore:
✅ Why many business owners feel guilty about paying themselves—and how to shift that mindset
✅ The common trap of living on what’s left instead of structuring a fair and sustainable wage
✅ How Profit First principles can help you build a system where your pay comes first
✅ Family business dynamics—why some partners feel they can’t ask for their fair share
✅ Practical steps to structure your business finances so you can earn the income you deserve

If you’ve ever felt like you “shouldn’t” take more from your business or struggled to prioritise your own financial needs, this episode is for you! Tune in to learn how to pay yourself first—without guilt, stress, or fear of judgement.

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