Where (and How) to Start, Calculating Your Enough Number, (Without having Nightmares) {Featuring Aryeh Sheinbein}

Published: March 12, 2024, 9 a.m.

In this episode of the Whiskey and Work Podcast, Kelsey sits down with financial planning and business valuation expert Aryeh Sheinbein. They discuss the lack of financial education and literacy among many entrepreneurs and business owners, the concept of the enough number, and the importance of knowing this number for achieving financial independence and retirement goals.\xa0 Sit back, relax and grab a pen and paper for this one \u2014 you\u2019re going to want to take some notes!\xa0



What we\u2019re talking about\u2026



  • Aryeh\u2019s expertise in financial planning and introducing the concept of the enough number.

  • Highlights the importance of knowing this number for achieving financial independence and retirement goals

  • Aryeh\u2019s journey into helping online business owners with financial literacy and wealth management

  • The lack of financial education and literacy among many entrepreneurs and business owners

  • The importance of understanding personal finances and managing money effectively to achieve long-term goals

  • The concept of the enough number, emphasizing the need to calculate one's current expenses accurately

  • Encouragement to approach this exercise without judgment or shame, focusing on understanding one's financial reality

  • Practical advice on how to calculate one's enough number by assessing monthly expenses and annualizing them

  • Recommendations for organizing expenses into categories and using tools like spreadsheets for clarity

  • Addressing common challenges and fears associated with financial planning, such as fear of judgment or stress around spending habits

  • The importance of setting aside time for financial planning and embracing self-awareness without judgment

  • The importance of regular investing and setting aside funds for future goals, such as retirement and major expenses

  • Highlighting the concept of Parkinson's law and the significance of disciplined saving and investing habits

  • To learn more or connect with Aryeh, visit the links below!\xa0





A {free} Tool or Two!\xa0

Did someone say free? Yup that\u2019s right. Kelsey\u2019s here to help with a few free tools to help launch your business and creative ideas! Click the links to start your journey.\xa0

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Links Mentioned

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Aryeh Sheinbein\u2019s Website

Aryeh Sheinbein\u2019s Instagram

Kelsey Murphy\u2019s Website\xa0

Kelsey Murphy\u2019s Instagram

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