Money Management for Freelancers: How to Stay Financially Secure

You will learn it the easy way or the hard way - that money has wings as long as you give it wings. How do you give it wings? By not planning out your finances. At this point in time, I’m struggling with the aforementioned issue. I have a habit of spending impulsively - which is something I see as being detrimental to my financial stability. I’m trying to cut costs as much as possible - the first thing I thought of doing was to stop eating out and to stop lending people money without knowing for sure that they will pay it back (unless it is a gift of course). People have a way of taking advantage of people who don’t have a proper financial strategy in place. While it does sound rather harsh, I am writing this because I firmly believe that everyone should plan out how they spend their money - or suffer the consequences (like I have). While failing and making mistakes is inevitable, learning from them is super important. If you don’t learn from your mistakes, you will keep repeatin...