Freelancers Urged to Plan for Financial Gaps
Freelancing/Online work exchange
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Freelancers often face cycles of feast and famine, leading to cash-flow stress. Advisors recommend maintaining an emergency fund to cover slow periods, allowing freelancers to navigate gaps between projects without panic. Proper financial planning is key to long-term sustainability in the first year. -
Financial planning is essential—income isn’t always consistent.
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A safety buffer can save freelancers during slow months.