Manage your expenses - Personal finance for escorts

It often happens that we win excellent, but it is necessary to know how to manage the personal finance for escorts. For that reason, in this article you will find everything related to the management of your income and expenses. Something that will allow you to have more freedom to save on travel, luxuries and even investment, if that is your plan.

What is personal finance?

The personal finance for escortsare nothing more than managing your money in a more efficient way. Surely at some point you have noticed that in this type of work you earn very well, but you get to 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 it is necessary to reduce some unnecessary luxuries, you can see other advantages such as:

• You will be able to better meet all your proposed goals
• You will not overspend.
• You will have less debt and it will help you better manage your money to pay them.
• You take care of your financial health as escorts and avoid unnecessary expenses.
• You can save for trips and luxuries you want to treat yourself to more easily.
• 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 it possible for you to invest in yourself as an escort, but without neglecting the rest of the household.

You value the money you earn, whether it is a lot or a little.

How to organize personal finances for escorts?

I know that right now you must be wondering, how do I start to manage my personal finances as escortsIn 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 everything down and organize your personal finances as an escortThis will be accompanied by the steps that we are going to explain in this section, which you must elaborate on a monthly basis. The first thing you must do is the following:

1. The first thing you will calculate is a rounded sum of how much you earn on a monthly basis.
2. You must identify in order to start elaborating the personal finance for escortsThe first step is to write down all the income you have per month, whether it is from regular customers, occasional customers, new customers and other related entries you have in general.
3. Next, identify all of your expenses in the column next to income.
4. You can see that there is a small legend with colors which each color indicates a meaning.
   • YellowIndicates the basic expenses, i.e., those that are absolutely necessary.
   • BlueLeisure means all the luxuries, entertainments and things that are not necessary, but that you take as tastes.
   • GreenThis color is dedicated to all parts of the investments you must make as an escort, such as the gym to maintain yourself or if you are studying, doing a course or something cultural, it is also valid to place it in another category.
   • Redother expenses you may have had such as donations, loans to friends or things like that.
5. 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 decrease in order to have healthy finances.
6. After you have already categorized each of your expenses as escortsYou must subtract INCOME - EXPENSES, that will give you a result of the money you can keep. Anyway, in the sheet it is in a more specified way.
7. If you want to save something at the end of the month for luxuries or travel, at the bottom you will see the section of the savings operation, where you will place the percentage of your income you want to save (We recommend that it is from 10% to 15% of your earnings) That percentage you chose you will multiply it as the following example:

10% * income result - expenses = savings

                You will be able to get the exact amount you need to save if you want to have savings, travel or luxuries.

Download your personal finance control template as escorts

Tips for managing your expenses as an escort

For a better explanation of this issue of personal finance for escortsWe would like to give you some advice at the moment of establishing your expenses, because both men and women need to know what can be positive and negative expenses.

Investments of an escort

Like escortsIt is important to understand that investments are not the same for us as for other types of people. This is a totally different lifestyle, where investing in ourselves is the best option we have, not to overdo it with expenses in hairdressers or clothes, but to do it more frequently, some of them could be:

• GymAn escort sells better with a good body than with extra pounds, so this should be one of your top priorities.
• LingerieTo surprise your customers, you must buy at least 3 new lingerie items per month.
• CosmeticsThe following are some of the most important products and treatments to have on hand, even if they are only basic ones.
• Advertisingimportant if you want to reach more potential customers.
• HairdresserIf you are a man, you should take good care of your barber's appearance at least once a month, at least once a fortnight.

Avoid debts

This is one of the worst things we can do, since debts, if they are in large amounts, 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 products

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 extra, because you can be sure that it will not be damaged so quickly.