In this episode, I’m walking you through exactly how I manage my business finances, not as an accountant, but as someone who has learned through experience.

I’m sharing what I did when I first started, what changed when my business started growing, and the simple systems I use now to stay organized.

What You’ll Learn in This Episode

• What I did when I made my first $500 in my business
• The moment I realized I needed better financial systems
• Why I opened an LLC and a business bank account
• How I keep my business and personal finances separate
• The simple spreadsheet system I use instead of QuickBooks
• How I track income, expenses, and deductions each month
• How I estimate and save for quarterly taxes (without surprises)
• How I organize my money for:
  • taxes
  • business expenses
  • profit
  • owner’s pay
• The difference between profit and paying yourself

Tools I Mentioned

I use a bookkeeping spreadsheet created specifically for TPT sellers.

It helps me:

• track all income and expenses
• calculate deductions
• estimate quarterly taxes

You can check it out:

👉 Emily Bryant Bookkeeping

Remember:

• The goal is to create a simple system that works for you

Even small changes like separating your accounts or tracking monthly can make a huge difference.

If you’re brand new and need help getting your TPT store started, I have a free starter mini course. You can get it here:

Free TPT Starter Mini Course

And if you’re in that in-between stage and you’re trying to figure out your next move, you can book a strategy call with me and we’ll map it out together.

Book a Teacher Business Clarity Call

📧 Got questions or want to share your story? Email me at info@monica-lopez.com. I read every message and would love to hear from you.