Dear Dave: My husband started his own one-man, small business as a handyman a little less than a year ago. He has netted $17,000 in that time, but the business has about $13,000 worth of debt. Weve always kept personal finances and business separate, but what would you think about us selling one of our paid-for cars to help with the business debt? Robin
Dear Robin: Theres nothing wrong with small beginnings. On top of that, you should always keep your business and personal finances separate. Aside from the debt, it sounds like hes off to a good start.
I think youll be able to pay off the debt from your future income. If your husband star…
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