How To Save Money For The Slow Months As An Entrepreneur, Business Owner, Or Comission Based Employee With Variable Income
Description
#17: How do I save money if I have variable income? How do I know if I'm saving enough money to cover my personal expenses?
This episode is for the person who has variable income and wants to plan ahead for the 'slow' months or no income months.
Save money for slow months in 3 steps:
Step 1: Calculate your bare bones budget
Step 2: Open a High Yield Savings Account with a bank that is 'FDIC' insured
Step 3: Every month send any 'extra' money above your monthly expenses into your savings to use for your slow seasons
Have a question about something I didn't answer? Send your question to me over on Instagram! See you in the show!
P.S. Send this to your entrepreneur, creative, or small biz owner friend who needs this info!
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