313: My Boyfriend’s Flirty Friend | Feedback Friday

Late Payments

Late payment issues can strain professional relationships, especially when friends are involved. Jordan Harbinger and Jason DeFillippo discuss the awkwardness of addressing late payments with a friend who is also an employer. Jordan suggests that conversations about money should be straightforward among friends, emphasizing the importance of insisting on modern payment methods like Venmo or PayPal to avoid unnecessary hassle 1. Jason shares his experience of having to remind his friend to issue a check, which he finds demeaning and inconvenient 2.

You have very few obligations to your employees other than being a good manager and paying them on time is like the top of that list.

--- Jordan Harbinger

They agree that addressing these issues directly is crucial to maintaining both professional and personal relationships.

   

Financial Tools

Effective financial management is essential for business success, and utilizing the right tools can simplify this process. Jordan Harbinger highlights the importance of using payroll services or ACH transfers to streamline payments and avoid the pitfalls of manual check handling 3. He questions whether the reluctance to adopt these methods stems from a desire for control or simple disorganization. Meanwhile, Jason introduces Honey, a tool that helps save money by finding and applying the best promo codes during online shopping, demonstrating the value of leveraging technology for financial efficiency 4.

Not using honey is literally passing up free money.

--- Jason DeFillippo

These tools not only enhance convenience but also ensure that financial transactions are handled smoothly and efficiently.