You're Lying About Your Expenses...Here's Why It’s Holding You Back

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BiggerPockets Money

Pricing & Profitability
beginner
Expenses
Bookkeeping
Profitability

Summary

The speaker emphasizes the importance of accurately tracking STR expenses for effective financial management. They point out that underreporting or rounding expenses is a common mistake that hinders accurate financial tracking and goal setting, highlighting the need for precision in expense reporting to understand true profitability.