Being
an entrepreneur is rewarding, but it is also challenging - and one of the most
difficult aspects of it comes from what we call an inconsistent income.
When
you run a business or work for yourself, you never know exactly how much you
are going to be bringing in on a week to week or month to month basis. That can
make planning for the future difficult, not to mention result in the onset of
premature grey hairs if you go through a few barren months.
Creating
consistent revenue streams can give you a bit more security in life and take
away some of that worry. Here are four ways in which you can try and guarantee
consistent income.
Create a payment plan for your work
One
of the easiest ways to guarantee yourself a certain amount of income per week
is to sell your services in the form of a payment plan. Rather than receiving
$1000 for a job well done but only at the end,
4 ways that an entrepreneur can create consistent income
With a lot of people working hard to pay their bills, and often having no money left over for personal rewards, let alone substantial savings, putting extra money into savings can be a tough task to fulfil. However, it’s important to remember that even the tiniest amount — even if it’s $5 a month — will all eventually add up, and be better than nothing. Here are 4 tips to get you started on a better savings path. Get Out of Any Debt First There is no point planning to put money into your savings if you have a backlog of debt, no matter how small. Although any form of savings is a positive, it’s much better to use any extra money to clear debt in order to get straight with your finances and avoid paying extra due to interest charges. As soon as debt is cleared, the monthly amount you usually pay in minimum debt payments can then be a bonus for your savings pot. If any de 4 Tips for Increasing Your Personal Savings
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