“...if you're worrying about making the choice between funding your next investment, or indulging in the holiday experience...don't! There are much better ways to fund your fortune than out of your own bank account."

How To Find Funding For Your Next Investment (Even After Splurging On Christmas Gifts!)

As the festive season approaches and we prepare to exchange gifts, are you wondering how you will fund your next big investment even after the holiday splurge? Fear not! In the spirit of giving, I'm here to unwrap the secrets of finding funding for your ventures in a way that won't leave your wallet feeling like a ghost of Christmas past.

As a money coach for women, every day I speak to business owners and entrepreneurs who want passive income and wealth. This time of year, the conversation is all about the challenge of finding the financial means to make it happen without sacrificing the joy of gift-giving during the holidays.

When the twinkling lights and the scent of pine filled the air, we find ourselves reviewing our budgets with a shrewd gleam in our eye...hoping to squeeze fun and festivities out without going into debt.

But if you're worrying about making the choice between funding your next investment, or indulging in the holiday experience...don't! There are much better ways to fund your fortune than out of your own bank account.

With that said, here are 6 steps to deck out your investment portfolio this holiday season without touching your savings! 👊

1. Establish a Separate Business Entity

The first step is to open a distinct business entity, such as an LLC or Corporation. This not only provides legal protection but also lays the foundation for building a solid financial structure for your investments.

2. Create Separate Business Bank Accounts

Once your business entity is established, create dedicated business bank accounts you will use for investing. Separating personal and business finances is crucial for maintaining legal protection and for tax purposes. It also provides financial transparency, especially when seeking funding for your investments.

3. Apply for Net 30 Accounts

Now you're ready to start building your business credit! This is the single most important step of this strategy, as it will allow you to establish a credit score separate from your own personal credit, which you can later use to borrow money to invest.

Net 30 refers to vendors like U-line, Home Depot Pro, and Amazon Pay-by-Invoice which allows businesses to purchase items and pay for them within the 30 day window. Open at least 5 accounts with net 30 vendors and start making purchases you can easily pay back within the 30 day window to start building your business credit up!

Want a list of vendors who offer Net 30 terms and will report your good credit to the right agency? Click here to download my free guide.

4. Monitor Your Business Credit Score

After 90 days of spending and making on-time payments with your net 30 accounts, apply for a business credit card or loan to start ethically buying investments using other people's money! To know when the time is right in order to start applying, be sure keep an eye on your score at DNB.com.

Pro Tip: Before you start applying for loans or business cards, freeze your personal credit with all reporting agencies and make sure the funding you apply for is "No PG", or No Personal Guarantee = not tied to your personal credit score.

Alright! You now have funding. But we're not done yet. Let's make sure you didn't go into debt you won't be able to pay back:

5. Utilize Funding for Cash Flowing Assets

Once you have found funding to fuel your fortune, strategically invest in cash-flowing assets such as real estate, boring businesses, digital products, or drop-shipping inventory. This ensures a steady income stream to pay off the loan you took to purchase it.

Work with a licensed financial advisor to ensure you choose the right investments.

6. Repay The Loans with Investment Cash Flow

Because you used the loan to purchase a cash flowing investment, you can now use the cash flow generated to repay the low-interest business loans! This cyclical approach allows you to leverage your profits to sustain and grow your portfolio.

And that's how you can use other people's money to fund your next investment, even if you're all maxed out this holiday season from buying gifts, travel, or hosting Friendsgiving and other holiday parties!

Other resources to help you get started with funding:

1. How To Find Funding To Fuel Your Fortune - Free PDF Guide

2. Financial Needs Analysis - Free 45-minute Session with Sarah

3. Duns & Bradstreet - Free Business Credit Tracking