I got a rather large check in the mail today. I had two thoughts. The first was delight – the check was early, which is not something that happens often. The second was was WHEEEEEEEEEEEEEEEEEEEEEE MONEEEEEEEEEEEEEEEEEEEEEY!
Just like work comes in peaks and valleys, so do checks. When I first started freelancing, my spending was in peaks and valleys, too. I’d go for weeks with meager checks and live very small, and then one big check would come in and I would buy something I really didn’t need.
It took a few years for me to figure out how to handle fluctuating income, which I outlined in a previous post. I also added all of my bills to my work calendar, so whenever a big check comes in and I’m tempted to splurge, I look to see what’s due next and pay it before I do something stupid. That doesn’t mean the urge has gone away though.
So after I split up the money per that previous post, I spent $50. I bought myself a book, a colander, things to stick on the bottom of my chairs so they stop scraping the dining room floor, and then a gift for my nephew’s birthday. I really wanted to buy something I didn’t need, like a pair of $77 sweatpants (don’t ask), so I bought things I did need instead. I’ve lived without a colander for more than a year. I am a savage no longer.
Freelancers, how do you handle this? Any tips I haven’t listed?