3171
5 min 41 sec

Q&A: “Managing cash flow across PayPal, Stripe, Venmo, and Etsy…”

Multiple payment platforms can feel like financial whack-a-mole. Today we lay out a four-step system to keep cash flow clear and tax time painless.

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What It's About

Too many payment apps? Here’s how to turn cash-flow chaos into a clear system.

Notes from Chris

Episode 3171
Collecting money from customers used to be simple: you’d accept cash or a single PayPal payment and call it a day. Now we’ve got Stripe for subscriptions, Gumroad payouts, Etsy deposits hitting on Wednesdays, Venmo tips on Fridays, and maybe a rogue Zelle payment from an old client. Reconciling these streams can devour an entire Sunday—and if you don’t keep up, tax season becomes an archaeological dig.

Today’s caller’s dilemma captures a pain point that many modern creators face: revenue is up, but visibility is down. Money lands in half a dozen silos, each with its own fee structure and payout schedule. Today we’ll stitch those silos together into one clear, auditable cash-flow pipeline.

"My side hustle brings in money from half a dozen places—PayPal for digital downloads, Stripe for course payments, Venmo for one-off consulting, and Etsy deposits for physical products. It’s turning into a bookkeeping nightmare. What’s the smartest way to keep track of cash flow when the money lands in so many different platforms? I need a streamlined system before tax season turns into a disaster."

Listen to today's episode to learn more...

 
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To infinity and beyond,

Chris Guillebeau