2/10/26

The Power of Financial Wellness Assessments for Small Business Owners

In this episode, Katrena discusses the importance of financial wellness and the role of financial assessments in achieving it. She draws parallels between financial health and physical health, emphasizing the need for regular checkups and assessments to identify blind spots and improve financial management. The conversation also delves into the emotional and mental aspects of finances, the components of a financial wellness assessment, and the benefits of financial coaching. Katrena highlights the services offered by StudioM Financial, including one-on-one coaching and entrepreneurship support, encouraging listeners to take proactive steps towards their financial wellness.

Takeaways

  • Financial wellness assessments are crucial for understanding your financial health.

  • Regular checkups help identify blind spots in financial management.

  • Emotional and mental aspects of finances are important to address.

  • There is no quick fix for financial wellness; it requires time and effort.

  • Awareness of financial blind spots can lead to better decision-making.

  • Financial coaching can help change your mindset about money.

  • Confidence in managing finances is a key outcome of financial coaching.

The financial wellness assessment includes various components like savings and debt management. StudioM Financial offers personalized coaching and entrepreneurship support. Engaging in financial discussions can enhance understanding and decision-making.

Register for the StudioM Office Hours: https://calendly.com/letstalk-studiomfinancial/sm-open-hours Connect with us on social media: https://linktr.ee/StudioMfin Until we meet, keep working on the change.

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In the Way Back Machine - The Financial House