About Us
My Financial Snapshot solves one of the largest pain points for Small Business Owners. Tracking income and expenses. Our tools are built with a design that is easy to use, step-by-step, and understandable. Our tools reduce the time, headache, and pain of keeping track of your income and expenses. Our Side Hustle Tool directly reflects a Schedule C tax form. The IRS is asking you to keep track of your sales (income) and the money you are spending (expenses). We help individuals with side hustles, independent contractors, or those who own a small business keep track of their income and expenses. Our education is centered around helping you become a better business owner and ultimately spending more time on running your business.
Our Why
Are you running your business, or is your business running you?
The trend is clear. Small businesses, side hustles, and independent workers are here to stay.
- Over 4,700,000 Small Business applications have been filed every year in the United States for the past 5 years. (Commerce Institute)
- More than 1 in 3 Americans earn money through side hustles, 32% think they’ll always need them. (Bankrate)
- Over 72,000,000 Americans are involved in independent work. (MBO Partners)
All of these individuals face a common pain point. Tracking their income and expenses cost-effectively, easily, and accurately. Taking their income statment and transalating that onto a Schedule C tax form.
Our why? Solving this pain point so individuals can spend less time and money tracking their income and expenses and more time growing their business.
How We Achieve It
The Side Hustle Tool on My Financial Snapshot is built so anyone can use it, regardless of financial knowledge or background. It is also considerably cheaper than alternative solutions. At $49.99/year or $6.99/month My Financial Snapshot is a fraction of the cost of other accounting software alternatives, bookkeepers, or CPAs.
You do not have to be an expert on computers, software, spreadsheets, or accounting and finance! With our step-by-step process, you can quickly learn how to track your income and expenses and have a repeatable process. My Financial Snapshot will save you time and money and give you peace of mind and clarity in your business.
Meet Our Team
L.B. Hudson
Founder and CEOMy life passions are family and friends, entrepreneurship, and helping others. After a career in public accounting helping business owners and individuals with their tax needs, I decided it was time to go out on my own and start My Financial Snapshot. My philosophy is simple. Find a need in the market, find a pain point in that market, and build better solutions to meet that need and solve that pain point. Can we take existing things small business owners find difficult and make them easy, understandable, and affordable? The answer is yes. Together, we can make tracking income and expenses for small businesses easy and routine, allowing small business owners more time to focus on their business, family, friends, and faith.
Jared Carlin, CPA
Strategic Product AdvisorJared is the founder and CEO of Rever LLC. Rever is a Virtual Reality Platform built to change how the world learns. Before Rever, Jared worked as a CPA for BKD, LLP and then as a Sales Director for Fleetcor’s (NYSE: FLT) highest performing sales team. With a background in accounting and software, Jared helps drive product and vision for My Financial Snapshot. Jared has a passion for helping people find financial freedom. “If you find truth, then you will find freedom. To me, My Financial Snapshot’s mission is to help you find the truth about your money so you can find freedom for your life.”