Budgeting For Freelancers

Does your income come in at irregular times a d in irregular amounts? Are you a freelancer? Gig worker? Maybe you work in the service or entertainment industry? Or maybe you run a business but your clients pay you at random times due to the nature of your business. 

If any of these sound familiar then you may also be familiar with the fact that most traditional approaches to budgeting simply do not work very well. Most budgeting techniques are based on having regular income and then setting everything up according to that but as you may know, that shit simply does not work for people like you and me.

I’ve been a freelancer most of my life. One month I may receive $10k and the next 2 months, zero, zilch, nada. So how do you make that last? And more importantly, how do you actually save and get ahead during all of this uncertainty? These are the questions I asked myself. I tried all of the budgeting softwares and techniques but each of them did not last. On top of traditional budgeting being regimented and connected to regular income, it's also super boring and even painful. I’m a creative. I’d rather be creating something interesting than shuffling numbers. So the years rolled on and while I always found a way to survive and even take some fun trips, buy some cool clothes, etc, I was never able to save and usually, I was just getting by

I wanted to change this, I wanted to keep a lot more of what I was bringing in, I didn’t want my to pull back on my lifestyle expenses and I wanted something simple and easy that was fun to do. So, I started to examine how my life worked, how the money was flowing, my spending habits, etc. And then it hit me! I figured out a way to change the flow of my money and the theory was, I’d be able to keep much more of what I was bringing in. So, I tried it out and sure enough, within a month I had extra money, within 4 months my 25k in debts were paid and within a year I had $50k saved. Fast forward to today and I have a massive savings, no debt and have plenty of money to pay for my lifestyle.

The theory I created back then became The Big Split Method. I starting sharing with friends and family and they had similar results:

• More money

• No debt

• A large savings

• No longer had to live paycheck to paycheck

• No longer had to worry or stress about money

• Had they money they needed to do the things that were important to them

• No budgeting, no number tracking

• It's simple and easy to do

• It's even fun

And most importantly, it works for all different types of people (single, married, freelancers, employees, business owners, etc) and because it was created by a freelancer, it's especially well suited to freelancers! It will flow with you and your lifestyle through all ups and downs. If you go 6 months without pay, the Big Split has got you. If you get paid a huge lump sum, the Big Split is there for you. When a medical emergency pops up, The Big Split makes paying for it simple and easy.

As long as you have income coming in, the Big Split can be implemented immediately and you will see results in just a few months. Curious as to how? Check out The Big Split home page and some of the videos on the curriculum page to get a better idea. And if you'd like to test the goods before you purchase the course, check out my freebie course, "How to demolish your debt" and "How to harness the power of credit cards".

And if you'd like to connect with me personally, jot me up on the site or connect with me on Instagram and thanks for stopping by!

- Lucas