When it comes to money, making it is only part of the problem. Retaining as much as you can, is the other part of it. I think that we all know this, but what we often don’t realize in time is that there are a number of financial obligations that we have to pay, whether we want to or not. Often those bills come at the most inopportune time.
That inopportune time when money is needed most for dog walkers and pet sitters is often during income tax time AND when our annual insurance and bonding payments are due.
Until you get more experience with your expenditures, set aside 22% of everything that you make. That should keep you out of trouble.
