Janine Jennings | President, JP Tax Service and Accounting

Janine Jennings | President, JP Tax Service and Accounting

  • Janine is the President of JP Tax Service and Accounting.
  • Her mission is to offer comprehensive solutions to cosmetology professionals.

Podcast

Overview

Step into the world where style meets strategy, as we explore the intersection of cosmetology and finance. In this episode, we have Janine Jennings, the dynamic President of JP Tax Service and Accounting. Join us as we delve into Janine’s fascinating journey, from her childhood dream of becoming a hairstylist to her role as a financial guide for cosmetology professionals. Discover the artistry behind the numbers and unravel the mission she passionately pursues to bring financial clarity to those who make the world a little more beautiful.

[00:35] – About Janine Jennings

  • Janine is the President of JP Tax Service and Accounting.
  • Her mission is to offer comprehensive solutions to cosmetology professionals.
  • She focuses on addressing challenges such as tax management, credit handling, maintaining sufficient funds, and retirement planning.

[03:38] – What are some common financial challenges that cosmetologists typically encounter?

  • Not knowing if they made a profit.
  • Difficulty in calculating a profit margin.
  • Challenges in saving for retirement, often unsure where to start or how much to save.
  • Dependence on social security, may not be sufficient for retirement needs.

[05:24] – What are some simple yet effective ways for cosmetologists to track expenses and manage funds efficiently?

  • Use Mint.com to gain a comprehensive financial outlook, track expenses, and monitor categories.
  • Google Calendar aids in scheduling and time management, promoting discipline.
  • Make informed decisions by having a full picture of your finances and schedule.
  • Mint.com provides insights into spending patterns and warns about excessive expenses.
  • Utilize the tools to calculate and plan effectively, ensuring a balanced financial and time management strategy.

[20:54] – Three lessons

  • Don’t be afraid to take action; you miss 100% of the shots you don’t take.
  • Start even if you don’t have everything figured out; seek guidance from those with experience.
  • Learn from others to avoid unnecessary mistakes; not every mistake has to be made.

RESOURCES:

Learn more about Janine Jennings: LinkedIn

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  • Janine is the President of JP Tax Service and Accounting.
  • Her mission is to offer comprehensive solutions to cosmetology professionals.
  • She focuses on addressing challenges such as tax management, credit handling, maintaining sufficient funds, and retirement planning.

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