In this episode of About That Wallet, I welcome the insightful Phil McGilray, a seasoned financial coach with a wealth of experience in personal finance and entrepreneurship. They delve into the transformative power of budgeting, highlighting Phil's unique approach inspired by his grandmother's method of using glass jars to manage money. Phil shares how this tactile strategy can help individuals regain control over their finances, making budgeting a more engaging and effective process.The conversation explores the importance of financial literacy for aspiring entrepreneurs, emphasizing the need to understand cash flow and basic business finance. Phil breaks down the Thrive Financial Protocol, a framework designed to help entrepreneurs build sustainable businesses while ensuring they maintain a healthy work-life balance. Listeners will learn about the key metrics to track, the significance of transparency, and how to reclaim joy in their entrepreneurial journey.Additionally, Phil discusses the challenges of navigating the complexities of starting or buying a business, urging listeners to approach entrepreneurship with clarity and purpose. He emphasizes the importance of making a difference through one's work and how financial success can enable individuals to give back to their communities.💬 Question of the Day: What budgeting methods have you found most effective in managing your finances? Share your thoughts in the comments!🔗 Connect with Phil McGilray:Personal Finance: https://grandmasjars.comBusiness Finance: https://philmcgilray.com💡 If you enjoyed this episode, don’t forget to:✅ Subscribe to About That Wallet✅ Leave a review to help others find valuable financial insights✅ Share this episode with friends and family!=|| 📚 Chapters ||=(00:00) Welcome and Introduction(02:30) Phil's Financial Journey(10:15) The Glass Jars Budgeting Method(20:00) Understanding Cash Flow for Entrepreneurs(30:15) The Thrive Financial Protocol Explained(40:00) Navigating Business Ownership(50:30) Final Thoughts and Resources(55:00) How to Connect with Phil🙏🏽 Thank you for tuning in!Your support helps more people build strong financial habits and achieve their goals.📩 Join the About That Wallet Newsletter for budgeting tips, saving strategies, and more:👉 https://aboutthatwallet.com/newsletter✨ Follow Anthony Weaver:Instagram: @AboutThatWalletTwitter: @AboutThatWalletWebsite: aboutthatwallet.comBe a Guest: https://aboutthatwallet.com/guestpromo⚠️ DISCLAIMER:This content is for educational purposes only and is not financial advice. Always consult a licensed financial professional when needed.#AboutThatWallet #FinancialLiteracy #Entrepreneurship #Budgeting #ThriveFinancialProtocolEpisode 301