The Profit Letters

On Saturday, I took the family to the Orange County Fair to celebrate my daughter’s birthday. She brought her three little ones—and we ended up at the pig races (yes, seriously). But the real event on the local news?   One of the mama pigs had just given birth to 9 piglets—on the same day […]

#22 9 Piglets, 10 Nipples… and a Cash Flow Wake-Up Call

Karen Lake here from Finance MakeOver If you are always looking at your business bank balance before payroll or making big purchases –  this video is for you.  Years ago, when I first started using a cash flow system, it looked like this:A Google SheetManual transfers every two weeksWeekly meetings with my bookkeeper It worked […]

#21 “Your Cash Flow Assistant Is Waiting…”

Let me tell you about my sister. She’s brilliant.She can quote Shakespeare.She can pass any test on zero sleep.She makes me look like the average sibling. But when it comes to math?Instant anxiety. So years ago, when she got married, she agreed to be in charge of paying the bills. And here was her system: […]

#20 My Brilliant Sister and the Bills That Broke the Bank

For Father’s Day, I got my husband a Boys in Blue T-shirt—because in our house, we’re die-hard Dodgers fans. And, of course, we’re all still buzzing about Shohei Ohtani’s $700 million contract.Except… here’s what most people don’t realize: He’s not getting all $700M up front. In fact, he’s only taking $2M/year during his playing contract—and […]

#19 What Ohtani’s $700M Deal Teaches About Cash Flow

This week, my daughter Savannah—who’s a barista at the sweetest little café inside a park in Colorado—sent me a photo that made my day. A tiny baby bird had gotten separated from its nest.  No mama bird in sight. Just this fragile, puffed-up chick waiting on the ground, chirping and hopeful. Savannah was able to […]

#18 The Baby Bird & The weekly MONEY Ritual

During a meeting with my mentor this week, he said something that stopped me in my tracks:  “You need to dial in your mantras.”  Not your goals. Not your metrics. Your mantras.  Because here’s the thing: a mantra isn’t just a fluffy affirmation from the ‘80s. It’s the internal script you reach for when you’re […]

#17 What You Tell Yourself *Matters More Than You Think*

As my husband said this weekend…“It’s the end of an era.” In 2023, I sold the music school I had built and loved for over a decade. We poured heart, soul, and hundreds of songs into that place—my daughter taught piano, I taught voice, and we had 25 amazing employees, a beautiful studio with 9 […]

#16 “Why Scaling Means Saying Goodbye”

Last weekend, we had Dodgers’ tickets for a Saturday game—and my daughter noticed on our shared Apple calendar. She called, “Hey, what are you doing this weekend?” already knowing the answer.When I told her about the game, she hinted that a certain 3-year-old would love to go. You guessed it—my grandson loves baseball, thanks to […]

#15 Caught on Camera: The Illusion of Success

I still remember the day I got serious about my finances. I was Googling bookkeeping rates for QuickBooks Online, and I just about choked.$50–$100 per hour!?And that didn’t even include cleanup or strategy. Just data entry.I thought, “Okay… let’s say they work 5–10 hours a week… there’s no way I can afford that.”So I had […]

#14 I thought I could DIY my bookkeeping… it cost me thousands.

My family is obsessed with musical theater.  Two of my youngest daughters are so into musical theater that, honestly, “obsessed” might be an understatement.  So last weekend was a great weekend: we caught a teen production of Hadestown on Friday and followed it up with the Broadway touring cast of Mamma Mia on Saturday. Both […]

#13 “One of us is crying…” — Mamma Mia & the cost of going solo