As we move forward in my #GIRLBOSS series, I am SO happy to finally touch on a topic that really hits home. Finances. One of the things that has prevented me from freelancing full time is the money side of things. As we all know, business has it busy seasons and it has is lulls, that’s just how it goes. Things are great when you can barely keep your head above water because your workload is so full and you appreciate those downtimes when they come. But they can also be quite scary if you aren’t financially ready.
As I’ve mentioned before, Sophia paid close attention to every detail when it came to her business, because it really had bearing on how successful her company would be. As she stated in her book, Nasty Gal went from making $150,000 a year to $150,000 over lunch! It’s astonishing to read that Sophia built her company with zero debt. Credit cards, loans, and borrowing money can make you overwhelmed and buried in bills. So if you don’t have the money to spend on that new flat screen TV, then don’t. Taking the time to manage your money can really have a domino effect on how the rest of your life plays out. It’s important to not neglect the small things, because it may prevent bigger and better things from happening to you.
Although I may be a few years away from completely working for myself, this chapter has really helped me to see the importance of taking control of my finances in order to ensure a successful life. So far, what lesson best speaks to you and your creative life?