Beauty of Wealth
Beauty of Wealth
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Hairstylist Profit First
Are you a booth rent hairstylist or salon owner wondering if you have the proper accounts in place? Are you saving enough for taxes, operating expenses and maximizing your write-offs? Most importantly, are you paying yourself enough? In this video we go over the 3 must have accounts every beauty professoinal must have to maximize your income.
Don't forget to like, comment, and subscribe for more hairstylist tips and advice!
Say hi on social:
Instagram: @beautyofwealth_
Website: beautyofwealth.hair
Facebook Group: The Wealthy Stylist
zhlédnutí: 20

Video

What they DID NOT teach us in hair school
zhlédnutí 16Před 21 hodinou
Hair school was amazing and it gave me the foundation that I needed to be a stylist. However, running my own chair for almost 15 years now I realize there were so many things I was not taught in hair school. I could have made more money and saved 6 figures if I would have known what I know now coming out of hair school. In this video we break down all of the things I wish I knew when coming out...
Successful Hairstylist Money Mindset
zhlédnutí 32Před 14 dny
I don’t know about you, but as a hairstylist I was not taught about money, especially in hair school! It wasn’t until I went on a journey to learn about money that I realized I had to change my MONEY MINDSET. In this video we are going to discuss what had to shift to really make changes in my finances. I learned very quickly that money can either work for you, or work against you. Don't forget ...
INVESTING AS A HAIRSTYLIST
zhlédnutí 27Před 21 dnem
Do you want to invest for yourself and maximize your money for you and your family? In this video we go over investment basics that were not taught to us in hairschool. We discuss not only the correct mindset you must have but also actionable steps to take to the future you want. Don't forget to like, comment, and subscribe for more hairstylist tips and advice! Say hi on social: Instagram: @bea...
Hairstylist and Retirement Options
zhlédnutí 55Před měsícem
Picturing yourself doing roller sets in your 70’s? Let’s make sure this isn’t you by creating a retirement plan now. In this video we break down amazing retirement options for stylists that will grow your money and help you save on taxes. We discuss each retirement option and break down how much you can contribute and go into detail on how they work. Don't forget to like, comment, and subscribe...
Hair stylist pricing formula
zhlédnutí 54Před měsícem
Do you ever wonder what you should be charging for your services? Are you emotional discounting? Are you just pricing your services based on your neighbor? In this video I share a formula that shows you exactly what you should be charging your clients based on what numbers you are trying to achieve. This takes the guessing game out of charging and no more emotional discounting! Don't forget to ...
10 Things I WISH I Would Have Known Starting As a Hairstylist
zhlédnutí 40Před měsícem
Starting out as a hairstylist? Watch this! In this video, I share the 10 things I wish I had known before becoming a booth rent hairstylist. From building your clientele to marketing your business, these tips will help you avoid common mistakes and set you up for success. 💇‍♀️💰 As a hairstylist with almost 15 years of experience, I've learned a lot about what it takes to thrive in this industry...
How To Get Wealthy As A Hairstylist
zhlédnutí 67Před měsícem
Are you a successful hairstylist making a ton of money but still feel poor? In this video, I'm sharing 9 money habits that can keep you stuck and feeling poor if you don't make a change. Learn how to avoid these pitfalls and start building a better financial future for yourself and your loved ones. WHAT YOU'LL LEARN: 1. Paying Yourself Last 2. Getting Comfortable with Bad Debt 3. Not Having an ...
Making MORE MONEY as a Hairstylist
zhlédnutí 53Před měsícem
Are you a hairstylist struggling to get ahead financially? Do you want to learn how to save more, build wealth, and achieve financial freedom? In this video, we reveal how one smart investment allowed us to live rent-free, save money, and build equity-all at the same time. In 2019, we bought a duplex, lived in one unit, and rented out the other. The rental income covered our mortgage, letting u...
Setting My Business Up As A Hairstylist
zhlédnutí 20Před 2 měsíci
Are you a hairstylist wondering if forming an S-Corp is the right move for your business? In this video, we break down everything you need to know about S-Corps, including how to pay yourself a reasonable salary and manage profits and distributions to maximize your tax benefits. I've been in the hair industry for almost 15 years and transitioning to an S-Corp has been a game-changer for me. Not...
Retirement for Hairstylists
zhlédnutí 19Před 2 měsíci
As a booth rent hairstylist, I know the struggles of feeling financially stuck and directionless. In this video, I share my journey from drowning in six figures of debt to finding clarity and purpose. Learn how creating a vision, setting specific goals, and making promise statements transformed my life and business. Subscribe for more hairstylist tips on managing finances and achieving your dre...
Quarterly Taxes for Hairstylists
zhlédnutí 15Před 2 měsíci
Are you a booth rent hair stylist or beauty industry professional working as a 1099 independent contractor? Do you find yourself paying penalties and interest to the IRS every year? In this video, I'll show you how to plan and pay your quarterly taxes to avoid unnecessary fees and keep more of your hard-earned money! After doing hair for over 13 years, I discovered the hard way that you're supp...
How Stylists Track Their Income and Expenses
zhlédnutí 84Před 2 měsíci
As a hairstylist, managing your personal finances is just as crucial as mastering your craft. In this video, I discuss why it's vital for hairstylists to track their income and expenses on a personal level. Discover how keeping a close eye on your finances can help you achieve your personal goals, reduce stress, and improve your overall financial health. I'll share tips on setting up an easy-to...
How I Make Money When I Am Not Behind The Chair
zhlédnutí 59Před 3 měsíci
I absolutely love doing hair! Over the last 15 years I have really enjoyed making my clients beautiful and more importantly, happy. With that being said, I know I cannot be behind the chair the rest of my life. My body is already hurting at 35 years old! How do you think us stylists and beauty professionals will feel when we are 50? I know that I must prepare for my future self and start to loo...
Broke Hairstylist Turned Millionaire
zhlédnutí 24Před 3 měsíci
I was a broke and stressed hairstylist with 6 figures of debt. I want to show you how I turned my finances and became a millionaire by the age of 32 (and still growing!) I have been in the salon almost 15 years and I always hear “I want financial freedom” but what does this mean? Making 6 figures behind the chair was not enough. I was still living outside of my means. This tends to happen when ...
How To Start Investing As A Stylist
zhlédnutí 52Před 4 měsíci
How To Start Investing As A Stylist
How to Budget on an Inconsistent Income AS A HAIRSTYLIST
zhlédnutí 43Před 4 měsíci
How to Budget on an Inconsistent Income AS A HAIRSTYLIST
3 Bank accounts every stylist should have!
zhlédnutí 59Před 5 měsíci
3 Bank accounts every stylist should have!

Komentáře

  • @majidul-qq2mb
    @majidul-qq2mb Před 2 dny

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  • @BeautyofWealth-qn9sg

    We want to hear from you! What do you wish you would have known coming out of hair school?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 17 dny

    We want to hear from you! What is your relationship with money? Were you taught money from your parents or at hair school?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 23 dny

    We want to hear from you. Are you currently investing? Do you know these investment basics and what you are investing in?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před měsícem

    Do you currently have a retirement set up? What is your favorite type of retirement account? Do you know what you are invested in inside of the retirement account? These are all important questions to maximize your future nest egg!

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před měsícem

    I want to hear from you! Do you knowhow much you are profiting per service? Do you find yourself emotional discounting?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před měsícem

    What would you add to this? What would you have like to known when starting as a new stylist? What would you tell your younger self?

  • @imAbidK.
    @imAbidK. Před měsícem

    Hello sir/mam, I enjoyed watching this video, please I want to contact you. What is your email?

    • @BeautyofWealth-qn9sg
      @BeautyofWealth-qn9sg Před měsícem

      Thank you! We are so glad you enjoyed it! 😀

    • @imAbidK.
      @imAbidK. Před měsícem

      @@BeautyofWealth-qn9sg Hello Mam, I want to talk about your YT channel your YT channel has some problems. When you feel free reply to me then I explain it.

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před měsícem

    Thank you so much for watching! We would love to hear from you. What do you think about these 9 money habits? Is there anything else holding you back?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před měsícem

    We want to hear from you! What are your thoughts on owning real estate? Do you already have investment properties? What are some of the pros and cons that you have experienced?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 2 měsíci

    We want to hear from you! Are you currently taxed as an S-corp? What did this do for your tax situation? Are you considering going S-corp?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 2 měsíci

    We want to hear from you! Do you sometimes feel lost or like you don't have a specific purpose for your life and business?

  • @bannned
    @bannned Před 2 měsíci

    I use notion!!

    • @BeautyofWealth-qn9sg
      @BeautyofWealth-qn9sg Před 2 měsíci

      I have never heard of Notion. We will check it out! Thank you for the tip.

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 2 měsíci

    We want to hear from you! Do you pay in quarterly to the IRS or do you wait until the end of the year and pay a lump sum?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 2 měsíci

    We want to hear from you! Do you track your income and expenses? If so, how are you doing it?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 3 měsíci

    We want to hear from you! Do you already have other streams of revenue not including the chair? Do you want to learn how to build other income? What are you doing to create additional income?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 4 měsíci

    I want to hear from you! Have you or do you feel stressed with no one to turn to?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 4 měsíci

    Thank you so much for watching! We want to hear from you as well. Have you started investing for retirement? Do you know which investment accounts are the best for you and what to invest in?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 4 měsíci

    Thank you so much for watching! We want to hear from you as well. Do you have trouble budgeting on an inconsistent income? What are some strategies that have worked for you?

  • @BeautyofWealth-qn9sg
    @BeautyofWealth-qn9sg Před 5 měsíci

    Thanks for watching! Do you struggle with knowing where your money is going and how to properly structure your business accounts?