Webinar: How to Manage Fluctuating Income
Author Brooke Benson
If you find it difficult to predict how much you’ll earn or how many hours you may work each month, then you likely have a fluctuating income. Managing fluctuating income is a reality for many freelancers, self-employed, and entrepreneurs, but with the right strategies, it doesn't have to be a source of stress.
In our recent webinar, Brooke Benson, a money coach for creatives, walked us through her actionable advice on how to manage the ups and downs of inconsistent income.
If you missed the session or want to revisit the content, watch the full recording below.
Key Takeaways:
- Getting Ahead on Bills: Build a three-month buffer to cover expenses and avoid financial pressure during slow periods. Use Novo’s Reserve feature.
- Pay Yourself Consistently: Set a minimum monthly payout to ensure financial stability and avoid dipping into savings.
- The Power of Novo’s Reserve Feature: Use multiple reserves for taxes, overhead, and savings.
- Shift Your Mindset: Embrace financial autonomy and avoid the "starving artist" mindset for better money management.
Stay tuned for upcoming webinars co-hosted with Novo customers and subject matter experts. In the meantime, connect with Brooke on her social channels.
Novo Reserves is not a separate account. Novo Reserves is a budgeting feature within the Novo checking account. All funds within Reserves remain a part of the overall balance of the Novo checking account.
Novo Platform Inc. strives to provide accurate information but cannot guarantee that this content is correct, complete, or up-to-date. This page is for informational purposes only and is not financial or legal advice nor an endorsement of any third-party products or services. All products and services are presented without warranty. Novo Platform Inc. does not provide any financial or legal advice, and you should consult your own financial, legal, or tax advisors.
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Stay Connected with Brooke
Brooke Benson is a thriving artist, money coach, and business owner in New York City, on track to retire as a multi-millionaire. Her company, Not Starving Artists, empowers creatives, neurodivergents, service providers, & small business owners to become financial CEO’s of their life, business, and career.