This is a feast or famine industry so it’s important to budget yourself accordingly. Jump on as much work as you can when it’s feasting season and spend and save wisely so that when the famine season comes, you’ll be covered until, hopefully, it’s feasting time again.
It’s important to price yourself accordingly, not only for what your work and time are worth, but also to add in extra for the times that are lean.
Don’t overspend. Don’t splurge because you just got an influx of cash. Save it. Use what you need, save what you don’t. You’ll thank yourself later. Besides, it feels good to have a cushion in your bank account and know that it’s there in case things go wildly south.
Look at it this way: instead of your general money-in/money-out, the formula should be money-in/money-in/money-out.