Become Sensible

By: Fiona Nguyen
  • Summary

  • Imagine transforming the way you think about your business finances, and unlocking your full potential.


    I’m Fiona Nguyen, CPA and the innovative mind behind Balannx, and that’s the goal of my podcast.


    This is not just another finance podcast; it's a lifeline for impact-driven entrepreneurs eager to navigate the complexities of accounting and taxes with confidence and clarity. I’m dedicated to empowering small business owners and entrepreneurs with the financial and tax knowledge needed to thrive. Born from a passion for making a difference and fueled by the questions and feedback from my community, this podcast aims to bridge the gap in financial understanding, transforming complex concepts into actionable insights.


    Each episode is designed with you, the impact-driven entrepreneur, at its core. We’ll delve into financial accounting and tax topics, breaking down the complexities into simple tools and strategies to enhance your decision-making and business growth.


    I’ll invite guest experts to share innovative growth strategies and answer your most pressing questions. Your suggestions and feedback shape our content, making it relevant to your daily financial and tax challenges. Join us on this journey to financial wisdom and success!


    Reach out with comments, suggestions, or questions to becomesensible@gmail.com.


    Hosted on Acast. See acast.com/privacy for more information.

    HAI FIONA NGUYEN
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Episodes
  • Harness the Power of the 75-Day Challenge to Transform Your Business
    Sep 19 2024

    Are you overwhelmed by the pressures of running a business? Feeling like the weight of taxes, finances, and daily responsibilities is too much? In this episode, we dive deep into the realities entrepreneurs rarely talk about --- the hard parts. But don't worry, there's a proven method to turn things around, and it's all about resilience.


    On this episode of Become Sensible, Fiona shares her personal journey of applying the principles of the 75-Day Hard Challenge to both her business and life. She breaks down how setting daily habits like reading, networking, and financial discipline can completely transform your business performance. Learn how small changes can lead to massive growth and how you can close the year with momentum by starting your own 75-day challenge today.


    "Running a business is hard, but you have everything you need to overcome the challenge."


    Links:

    • Atomic Habits by James Clear
    • 75 Hard Challenge Rules



    Connect

    • Follow me, Fiona Nguyen, on LinkedIn. Learn more about Balannx.


    ****


    Timestamps

    0:00 - Introduction and business struggles

    2:30 - Introduction to the 75-Day Hard Challenge

    5:00 - Rules of the 75-Day Hard Challenge

    7:00 - Personal experience and impact of the challenge

    8:30 - Productivity and deep work

    10:30 - Applying the 75-Day Hard principles to business

    15:00 - Content creation and productivity systems

    16:30 - Benefits of the 75-Day Hard Challenge

    19:00 - Tips for preparing and succeeding with the challenge

    22:30 - Personal goal of completing a triathlon

    24:00 - Encouragement and concluding thoughts

    28:00 - Closing remarks


    Hosted on Acast. See acast.com/privacy for more information.

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    29 mins
  • How to Estimate Your Taxes: My Essential Tips for Freelancers and Business Owners
    Sep 12 2024

    Are you a business owner, freelancer, or have income from multiple sources? I know firsthand how overwhelming estimated taxes can feel, but trust me---it's crucial to your financial health. Want to know how to avoid penalties and make the process smoother?


    On this episode of Become Sensible, I'm breaking down the basics of estimated taxes. I'll explain why it's necessary to pay throughout the year, the deadlines you can't miss, and what strategies you can use to avoid a hefty tax bill at the end of the year. Whether you're earning from a business, investments, or a side hustle, I've got practical advice to help you manage your taxes effectively.


    "Financial decisions are personal, and your tax strategy should be tailored to fit your unique situation."


    Links

    • IRS: Estimated Taxes Overview
    • Tax Planning Tips: Tax Foundation


    Connect

    Follow me, Fiona Nguyen, on LinkedIn. Learn more about Balannx.


    Hosted on Acast. See acast.com/privacy for more information.

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    18 mins
  • How to Save on Taxes as a Business Owner
    Sep 5 2024

    Are you paying more taxes than you should? I get it—taxes are a huge part of your expenses, and most business owners don't realize how much they could actually save with the right strategies. If you want to keep more of your hard-earned money, you're in the right place. In this episode, I'm going to show you exactly how to do that!


    On this episode of Become Sensible, I will walk you through some of the most powerful tax-saving strategies out there. From understanding tax brackets to selecting the best business structure, maximizing deductions, and even contributing to your retirement---there are so many ways to make small changes that can lead to massive savings. Whether you're new to business or you've been at it for years, these tips could save you tens of thousands of dollars every year!


    "A good accountant isn't just a cost; they're an investment in your future wealth."


    Links:

    • IRS Tax Brackets


    Connect:

    Follow me, Fiona Nguyen, on LinkedIn. Learn more about Balannx.


    Hosted on Acast. See acast.com/privacy for more information.

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    32 mins

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