Manage your expenses – Personal finances for escorts
Many times it happens that we win excellent, but it is necessary to know how to handle the personal finances for escorts. For this reason, in this article you can find everything related to the management of your income and expenses. Something that will allow you to have more freedom to save on trips, luxuries and even investment, in case that is your plan.
What are personal finances?
The personal finances for escorts, they are nothing more than managing your money in a more efficient way. Surely at some point you have noticed that it counts that in this type of work you earn very well, but you reach the end of the month without a single penny, which means that you spend more than you earn. Something that is often seen in individuals or even families.
It is important to learn to manage our expenses, since this will allow us to be more solvent in our economic part. Although if you have to reduce some unnecessary luxuries, you can see other advantages such as:
- You will achieve in a better way all the goals that you have proposed
- You will not spend excessively.
- You will have fewer debts and it will help you better manage your money to pay them off.
- take care of you financial health as escorts and avoid unnecessary expenses.
- You can save for trips and luxuries that you want to give yourself in an easier way.
- In case you already have a family, you can manage your money to cover your expenses and those of the members of your nucleus. Making possible your investment in yourself as escorts, but without neglecting the rest of the home.
You value the money you earn, be it a lot or a little.
How to organize personal finances for escorts?
I know that at this moment you must be wondering, how do I start to manage my personal finance as escortsWell, in this space you will be able to see through steps, how you can start managing your expenses, income and expenses that you generate at work.
We also leave you a small table so that you can have a place to write down everything and organize your personal finances as an escort, which will be accompanied by the steps that we are going to explain in this section, which you must prepare on a monthly basis. The first thing you should do is the following:
- The first thing you are going to calculate is a rounded sum of how much you earn monthly.
- You must identify to start making the personal finances for escorts, is to write down all the income you have per month, whether it is from fixed clients, occasional ones, new ones and other related entries that you have in general.
- Then, identify all the expenses you have in the column next to income.
- You can see that there is a small legend with colors in which each color indicates a meaning.
- Yellow: Indicates the basic expenses, that is, those that you must do in a totally necessary way.
- Blue: Leisure means all the luxuries, entertainment and things that are not necessary, but that you take as tastes.
- Green: This color is dedicated to all parts of the investments that you must make as escorts, such as the gym to maintain yourself or if you are studying, taking a course or something culturally, it is also valid to place it in another category.
- Red: another expense that you have had as donations, loans to friends or things like that.
- With the colors, you will underline the expenses that you have placed according to what you have bought. This way you will know that if there are many expenses with blue color, they are the first ones that you have to reduce in order to have healthy finances.
- After you have already categorized each of your expenses as escorts, you must subtract INCOME - EXPENSES, that will give you a result of the money that you can keep. Anyway, on the sheet it is in a more specified way.
- If you want to save something at the end of the month for luxuries or travel, at the bottom you will see the savings operation section, where you will place the percentage of your income that you want to save (We recommend that it be from 10% to 15% of your earnings) You will multiply that percentage that you chose as the following example:
10% * result of income – expenses = savings
You will be able to get the exact figure that you must save if you want to have savings, trips or luxuries.
Download your personal finance control template as escorts
Tips to manage your expenses as escorts
In order for this topic to be better explained to you, personal finances for escorts, we want to offer you some advice when establishing your expenses, since both men and women need to know what can be positive and negative expenses.
Investments of an escort
As escort, it is important to understand that investments are not the same for us as they are for other types of people. This is a totally different lifestyle, where investing in ourselves is the best option we have, nor do we go overboard with spending on hairdressers or clothes, but if we do it more frequently, some could be:
- Gym: an escort sells better with a good body than with extra kilos, so this should be one of your highest priorities.
- Lingerie: to surprise your customers, you must buy at least 3 new lingerie monthly.
- cosmetics: Both treatments and products are important to have on hand, even if they are basic.
- Advertising: something important if you want to reach more potential customers.
- Hair salon: go at least once a month, if you are a man you must take good care of the appearance of the barbershop, at least biweekly.
Avoid debts
This is one of the worst things we can do, since debts, if they are large, can eat up all our income. It is advisable that you only get into debt with the basics or if you are going to invest, because it is something that can generate money in the long run.
buy quality stuff
It may be that cheap is not always expensive, but in the vast majority of cases it is, so if you are going to buy something, pay a little more, since you are sure that it will not be damaged so quickly.