136: Bookkeeping for Beginners: 5 Pro Tips to Keep Your Business on Track

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Whether you're just starting out or you've been running your side hustle for a while but now find yourself staring down a heap of receipts and paperwork you’ve been avoiding, it’s time to take control. In this episode, Tanya Akimenko shares 5 pro bookkeeping tips to help you stay organized, avoid costly mistakes, and set your business up for success.

You'll learn:

Why setting up a system from day one is crucial
How to simplify bookkeeping so you actually stick with it
The habit that makes reviewing your finances easy
Why misclassifying expenses vs. assets can cost you big at tax time
How to overcome the fear of numbers and gain confidence in your finances

Plus, I’ll share a free accounting software I’ve used for over two years and where to find it.

If bookkeeping has been a struggle, this episode will give you practical steps to make it easier.

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Need a little (and sometimes big) push to start and stay focused to grow your side hustle? Dive into my online Masterclass: How To Turn Your Thoughts Into Wanted Things.

For the full show notes head on over to the home of Side Hustle Hero. https://www.sidehustlehero.com/136

What You’ll Hear:

01:17 Why Not Just Toss It All In A Shoebox?

02:52 Know Thyself - Pick Your Best Time

03:41 Consider Doing Your Bookkeeping Once A Week

04:38 No-Cost Bookkeeping System

06:05 A Free Accounting Software Option

07:50 Set Up A System

11:01 Build A Habit - Put The Task On A Calendar

11:21 Don’t Fear The Numbers

11:46 Know Your Numbers And Set Financial Goals

15:02 Initially Tanya’s Side Hustle Ran At A Loss