My income varies so wildly that I can earn $15k one month and $1k the next. I have multiple projects and sometimes a product goes viral and does really well.
Due to how my income goes up and down constantly, I generally just feel poor and in constant struggle mode.
The project I’m most passionate about also does the least well financially. I’m not super ambitious, I started my company to try to make a difference. I’m thinking of getting a job again after 8 years of being self-employed.
Anyone relate?
Nobody can tell you what is best. Do what you think will make you happy.
I would say it might be a good idea to develop a nest egg of funds you can draw from during those 1k months. I try and keep at least 3 months of funds saved for my business, in case I hit a lean time.
It also seems like you at least need to have an idea of your average annual income and expenses so you can then plan and expand.