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Do you better manage personal finances or business finances?

EKG Pulse Graph with Glowing Blue Line

Our reader poll today asks: Which do you manage more closely: your personal finances or your business’ finances?

  • I manage my personal finances much more rigorously: 29.7%
  • I pay much more attention to my business’ finances: 30.6%
  • I strike a good balance on managing both equally well: 36.1%
  • I don’t manage my personal or my business finances well: 3.5%

Money matters. Most of you report paying a lot of attention to business finances, but be careful that attention doesn’t come at the expense of your personal finances. If your own finances get messy because of mismanagement, it can cause issues with job performance. This isn’t only about making sure your checking account is full and retirement plan is maxed out. Take care of all aspects of your financial well-being. That includes protecting yourself from identity theft and fraud. Those two items alone can cause you problems when you go to get a job, move or get a loan. Protect your identity from theft, and manage your credit carefully. With all the high-profile security breaches of late, it’s probably a good idea to pay some attention to that part of your life.

Do you agree with these poll results? Let us know in the comments below!

Mike Figliuolo at thoughtLEADERS, LLC

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These results were originally a SmartPulse poll in SmartBrief on Leadership which tracks feedback from more than 210,000 business leaders. Get smarter on leadership and sign up for the SmartBrief on Leadership e-newsletter.

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