Every month we run through a series of questions to help you run your freelance business like a bigger business — “self-coaching” your way to better results and a better life.

 

We’re back around to Reflection & Assessment month!!

 

On top of me reminding you to fill yours out, we’re going to be going over 5 secrets your money is whispering to you…and what they mean for your freelance business. The first?

 

Monthly income and obligations

 

Your income varies as a freelancer, but tracking monthly income can be really informative.

 

For example, a ton of fluctuation might mean that you have cashflow issues (rooted in invoicing or even contract payment terms).

 

Your monthly cashflows also let you know how well you’re able to meet your monthly obligations without tapping into reserves.

 

So if you don’t already, try tracking what you’re producing each month and how that looks in comparison to what’s hitting your bank account. You’ll definitely learn something valuable.

 

If you aren’t sure how best to do this, come by the Academy boards and let’s talk it out!

 

 

 

 

Megan