This chapter argues that using the Profit First system will relieve financial stress and make you feel less restricted financially. Instead of always worrying about fluctuating finances, Profit First business owners can enjoy their lives and the profits their business generates. 

Michalowicz claims that this system will also help people achieve financial stability in their personal lives and reminds the reader that the ultimate aim of Profit First is to achieve financial freedom: People’s success in business and their personal wealth are intertwined. To become personally financially healthy, people first must face and fix issues in their business.

Michalowicz reiterates the steps to becoming a Profit First business. Firstly, face your problems through an Instant Assessment. Next, establish your necessary accounts at your bank and implement a debt freeze if needed. This should include either cancelling credit cards or putting a lower spending amount on your cards. Focus on paying off debts and getting rid of them completely, but while doing so, still allocate some money to your profits and celebrate as your debt decreases. Debts like car payments and mortgages are also financially burdensome and should be paid off as soon as realistically possible.

If you are living a lavish personal lifestyle, as Michalowicz once was, cut back as much as you possibly can.