Saving for a rainy day

When you start out as self-employed there can be a lot of cost associated with it. You need hardware, software, business cards, phone, internet access etc. etc. Hence the opportunity to set some money aside for hard times is not very great.

So far I haven’t been able to set anything aside. This hasn’t surprised me since I’m not even 12 months into my career as self-employed. But now I have reached a point where I can start to reallocate money.

Starting today I’m setting 15 % of my gross income aside on a separate account which can hopefully take me through rough times, should they fall upon me. Because nothing is as bad as having little to do AND to have no money for paying the bills.