Granted, I don't make shit in this industry. Maybe a 1-2 G's a month if I am really lucky but that aside. I would say the smartest thing to do if you are a business owner is to DO ALL THREE. Spend what you need, reinvest for sure and definitely save at least something. Someone said 401k and IRA is stupid in this thread? Uh, you're either are a brilliant tax guy or you have so much money coming in or put away that you don't need to look for tax saving opportunities to secure green for the future. I can't think of any other reason why you wouldn't want to save. I would bet that the big wigs in this industry have all that shit lined up and are doing all three.
I pay my business expenses with the money, I reinvest a 25 percent of it and I save the rest....probably why I don't make shit for money in this industry. Maybe one day I'll take a chance.
