Category: Finance

Managing Variable Income: A Guide for Freelancers and Entrepreneurs Variable income can be a challenge to manage, especially for freelancers and entrepreneurs who experience fluctuations in their monthly earnings. Payments may arrive unevenly, while invoices are issued on fixed schedules, making it essential to have a solid financial plan in place. A well-structured approach to managing variable income ensures that commitments are funded, and goals are advanced, even when monthly totals change. Understanding the Importance of Financial Planning A practical approach to managing variable income is based on visibility and structure. By...