Most new freelancers track their revenue but completely ignore their expenses until tax season hits. Then it's panic mode.

Here's the thing — your income as a freelancer is unpredictable. Some months you land $5K clients, other months it's crickets. If you're spending based on your best month, you're setting yourself up to fail.

The fix is dead simple:

Take your last 3 months of income. Average it. Now multiply by 0.7.

That's your actual spending budget. The other 30%? Split it:

• 15% taxes

• 10% emergency fund

• 5% reinvest in your business

No fancy apps needed. A spreadsheet works. A notebook works. What matters is that you do it consistently.

I built a Budget Planner System specifically for solopreneurs and side hustlers who want a plug-and-play system for this. Templates, trackers, the whole thing — so you don't have to build it from scratch.

But even if you don't grab it, start with the 70% rule today. Your future self will thank you.

Most new freelancers track their revenue but completely ignore their expenses until tax season hits. Then it's panic mode.

Here's the thing — your income as a freelancer is unpredictable. Some months you land $5K clients, other months it's crickets. If you're spending based on your best month, you're setting yourself up to fail.

The fix is dead simple:

Take your last 3 months of income. Average it. Now multiply by 0.7.

That's your actual spending budget. The other 30%? Split it:

• 15% taxes

• 10% emergency fund

• 5% reinvest in your business

No fancy apps needed. A spreadsheet works. A notebook works. What matters is that you do it consistently.

I built a Budget Planner System specifically for solopreneurs and side hustlers who want a plug-and-play system for this. Templates, trackers, the whole thing — so you don't have to build it from scratch.

But even if you don't grab it, start with the 70% rule today. Your future self will thank you.

Everyone tells you to follow the 50/30/20 budget rule. 50% needs, 30% wants, 20% savings.

But here's the problem — if you're in your 20s making $35-50K, that math doesn't work. Rent alone eats 40-50% in most cities. And "wants" vs "needs" is a blurry line when your phone plan and wifi are basically survival tools.

What I do instead:

I use a zero-based approach. Every dollar gets a job before the month starts. No arbitrary percentages. Just real numbers based on YOUR life.

Here's the framework:

• Fixed costs first — rent, utilities, subscriptions, debt minimums. These don't move.

• Savings target — even if it's $50/month. Automate it. Treat it like a bill.

• Flex spending — everything else. Food, going out, clothes. This is the number you actually control.

The key isn't the percentages. It's having a system you'll actually stick to.

I built WealthKit because I was tired of generic advice. Every template inside is designed for people in their 20s who are starting from scratch — not people with a $150K salary and a 401k match.

If that's you, come check it out.

Hey, welcome in.

Here's how to get started:

1. Download your templates → Head to the "Download Templates" tab. You'll find budget spreadsheets, savings trackers, and financial planning guides ready to use.

2. Join the community → Pop into the Community Chat to connect with other members. Ask questions, share wins, drop your progress.

3. Stay updated → New templates, tools, and guides get posted regularly. Check back often.

If you have questions or need help customizing anything, just ask in the chat. We're all figuring this out together.

Let's build some wealth. 💰