Journal

Self-employed life is amazing: flexibility, creativity, and the thrill of working on projects you love. But let’s be real: The inconsistent income can sometimes feel like a rollercoaster. One month, you are bringing incredible amounts in. The next, you are wondering if you should live off ramen. So, how do you budget when every month looks different? Let me tell you, it is totally possible to create financial stability even when your paychecks are unpredictable.

Managing your finances when you are just starting out can feel like a puzzle with missing pieces. Therefore, I put together a step-by-step explanation down below where you find the crucial steps to take so you can set yourself up for financial success from day one. Or something you can always refer to if you are falling into a little financial chaos. 

Writing this makes me a very nervous. Criticizing the ultra-wealthy often comes across as being anti-money, anti-success, or anti-ambition. But that’s not where I stand at all. I want you to succeed. I want you to enjoy every perk that wealth brings.  But I also want you to avoid the wealth paradox, the psychological shift that can make people less compassionate as they accumulate money.

Most financial advice focuses on one thing only: Financial literacy - such as learning how to budget, save, invest, and grow wealth. And while that is important, it’s just one piece of the puzzle. We focus on real financial confidence and that requires a combination of three key elements: 1. Financial Literacy 2. Behavioral Finance 3. Financial Psychology

If managing your money feels overwhelming, a financial coach might be the right fit for you. Unlike financial advisors, who focus on investments and long-term planning, or accountants, who handle taxes, a financial coach helps you build financial confidence, structure, and stability, especially if you have irregular income. A financial coach helps you to to develop better money habits, create cash flow systems, plan for financial security, and stay accountable to be in control of your finances.

Your money is more than just numbers in a bank account, it is deeply tied to your emotions, creativity, and overall well-being. Financial uncertainty can drain your mental energy, leading to stress, creative blocks, and blocked decision-making. To avoid this, it helps to understand the psychology behind money anxiety and implement simple strategies such as planning your income and expenses, to regain control, reduce stress, and create financial stability that supports your creative work.