Create a budget and stick to it

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:

• Start

As a personal financial planning tool, a written, monthly budget allows you to plan for how you'll spend and/or save your money each month and also keep track of your spending patterns.

With a budget, you can begin to prioritize your spending and better manage your money and financia...

Once a budget is set up, it is not always that easy to stick to it. But that doesn't mean you have to give up because you've failed once or twice.

• Remember the big picture. A budget keeps you out of overwhelming debt and help you build to financial freedom.
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