Why Freelancers Need a Bigger Safety Net
If you have a 9-to-5 job, saving 3 months of expenses is fine. But for freelancers, your Emergency Fund is your only defense against the "Feast or Famine" cycle.
Freelancing is a roller coaster. Calculate exactly how much cash you need in the bank to survive dry spells.
Savings Plan (12-Month Goal)
Save $0 / month
to reach this safety net in 1 year.
If you have a 9-to-5 job, saving 3 months of expenses is fine. But for freelancers, your Emergency Fund is your only defense against the "Feast or Famine" cycle.
If you can't save for an emergency fund, you might be undercharging.
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