EP 031 | Money Habits Every Interior Designer Should Know with Bruce Sellery (Part 1)

October 25, 2017

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Why do smart business owners make poor financial decisions?

In this episode, Kimberley Seldon speaks with financial expert Bruce Sellery about the habits, beliefs, and behaviors that influence financial success. Together, they explore practical ways entrepreneurs can improve their financial health, make better decisions, and build lasting wealth.

For interior designers who want to strengthen their financial confidence and create a more profitable business, this conversation offers actionable advice that can be implemented immediately.

In this episode, we learn:
• The key questions to ask when you’re ready to take control of your financial future
• How small changes can have a significant impact on your financial health
• Why community and accountability help create lasting habits
• How better financial decisions lead to stronger business outcomes
• Why financial literacy is an essential skill for every business owner
• How understanding your numbers creates greater confidence and control

 

Take Aways

Sustainable spending

1. Analyze—Review spending for two months. Note that you spend x$ on groceries x$ on your car, x$ on dining out, etc. Then look at the analytics.

2. Brainstorm—What are one or two things you can do differently? Don’t try to change everything at once. Identify a couple of areas that you can make a change.

3. Change—Implement the changes in those one or two areas.

Rinse and repeat!

Also, automate savings into a retirement plan.

Personal Finance Expert
CBC, Cityline, MoneySense

Bruce Sellery is on a mission to help people get a handle on their money so they can live the life they want.

He is the author of two bestselling books, including Moolala: Why Smart People Do Dumb Things with Their Money (and What You Can Do About It) and Moolala: Guide to Rockin’ your RRSP.

He is the personal finance expert for the national lifestyle show Cityline and is a regular contributor on Breakfast Television, CBC TV’s On the Money, and CBC Radio. He writes advice columns for Chatelaine, Today’s Parent and Moneysense Magazine and was the host of Million Dollar Neighborhood on OWN: Oprah Winfrey Network. He spent ten years with CTV’s Business News Network, anchoring from both Toronto and New York City.

Prior to a career change to journalism, Bruce was a Brand Manager at Procter & Gamble. He is a graduate of the Smith School of Business at Queen’s University and current serves on its Board of Advisors. He is also a Vice President of the Canadian Club of Toronto.

He and his husband Dennis live in Toronto with their daughter Abby.

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Legal Disclosure | This podcast is for educational purposes only and provides general business advice for interior designers and design professionals. It is not intended as individual legal, accounting, or professional guidance. Kimberley Seldon and Business of Design® make no guarantees regarding accuracy and are not liable for how information is used. Strategies shared may not apply to every situation—listeners should seek qualified legal, financial, or professional advice before making business decisions. References and resources mentioned may change over time.

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