*Contest Available for 

the month of March





*This site may contain affiliate links to products. I may receive a commission for purchases made through these links.

*This is not legal advice nor am I an accountant.  This is just my personal opinion.

Accountability


When you withdraw from or spend money out of your bank account, how do you keep track of everything?  Or do you have so much money that whenever you perform transactions in your account, you could care less what your account looks like?  Believe it or not, there are people who actually don't keep track of their transactions.  I know you didn't ask me but I'll say it anyway....that's not a good idea.

Keeping track of all of your income streams, no matter how small, is very important.  Your home-based business is even more important than traditional jobs when it comes to keeping track of your income.  Why?  Because you are not only held accountable for keeping track of your income, but you are also held accountable for deducting your own income taxes.

If you have your own personal CPA, then that's great!  Unless you are married and your CPA is your husband or wife and they are happy to take care of your daily recordings, then YOU must record every penny daily if you are in charge of what each income stream brings in.  You are held accountable for your own business dealings.


Tracking devices


How do you keep track of your personal bank account transactions?  Well, I truly believe that when you have a home-based business or home-based businesses, you should handle that a little differently. What I mean is, the tracking devices can be somewhat different but with the same concept.  The concept is tracking what goes in and what comes out.  

As far as the tracking devices for your personal bank account transactions, you probably have phone alerts set up on your phone whenever there is movement in your account.  Or you may have a bank app on your phone where you can see all of your bank transactions.  You can also use your laptop to log into your bank account and print off your transactions or statements to keep in your records.  There are many ways to keep track of your bank transactions.

When it comes to tracking your multiple income streams, along with using one or two of the ways mentioned in the above paragraph, why not keep track of what you bring in the old fashioned way by using paper, pen, and a calculator?  YES!  THAT'S RIGHT!  No matter what those intelligent AI gurus believe, those three items will never become obsolete (my opinion, of course).  I know there are plenty of people in this huge, wide world who do not own a computer or use bank apps.

The good 'ol paper, pen, and calculator method comes in handy especially when you are bringing in money daily.  All you have to do is take a few minutes, check your business activities on your phone or on your computer, write down the amounts, calculate, then go on about your day.  Now that's quick!  

I know that a lot of people prefer keeping track using software on their computer or cell phone, and that's okay, too.  It wouldn't hurt if you utilized both methods just in case something tragic happens.  I'm not saying it will happen, but it's better to be safe than sorry.  Just make sure you keep your tracking papers in a safe place as well as backing up your files from your computer onto a USB drive.  Having more than one USB drive would be a smart move on your part.  Please, don't keep sensitive numbers such as your SSN on your documents.  NOT a smart move!  As far as your EIN number, well...that's up to you.


Free Tracking Device


If you are in the process of becoming an entrepreneur, if you are a brand new entrepreneur, or if you have been an entrepreneur for some time now, I would like to give to you my Weekly Side Hustle Income Goal Sheet for FREE.  No strings attached!  This sheet is created just for you.  It's in PNG format and you can download it for free HERE.  Print as many copies as you'd like.  😊


CONTEST!!! 

For the month of March, you will have a chance to win one item for FREE.  To enter, I am offering you a 50% off coupon (below) for my 19 page Quarterly Side Hustle Income Tracker which is regularly $6.99 in my Etsy store.  Don't forget to write down the discount code.  When you purchase that item, you will receive two entries in the contest.  I will receive a notice whenever you make that purchase.  Rate your purchase and you will receive 1 more entry.  If you review your purchase and reference my blog (Life In A Dayly Hustle), you will receive another entry.  Throughout the month of March, there will be other ways to enter this contest.  The contest will end March 31, 2022 at 11:59 PM EST.  Please make sure you check my blog at least once a week for new ideas and other ways to enter this contest.

Please watch the video below for the items available for FREE.  There will only be one prize winner.

  
                                 
   WATCH THIS QUICK VIDEO FOR PRIZE OPTIONS