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An emergency savings fund buffer is vital for freelancers. It will help you to keep your head above water when your income fluctuates.
A zero-sum budget means living off last month's income alone. This can be done in the following way:
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An emergency buffer consists of a specific metric you're trying to reach based on what you reasonably will need during a dry month.
Some have a checking account with two month's worth of bills saved. It covers rent, utilities, insurance and cell-hone bills. In addition, the...
Despite all the benefits that come from working as a freelancer, there may be months in the year where you may desire a steady income to feel you can pay the bills.
Establishing an emergency saving fund can help you overcome the fear of a dry month.
Assigning 45 percent of your income to savings is essential if you're serious about building savings and have the ability to pay quarterly estimated taxes.
"My adversary is the world of finance." ~ Francois Hollande
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