Is it financially advantageous? A budget will aid you in answering these questions.
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Include all of your regular expenses to the monthly expenses spreadsheet. It should be a comprehensive list of everything you spend money on (not only for your art).
business). Include rent, utilities, cell phone bill, transportation, internet, loans etc. Ideally, this should be less than or equal to 50 percent of your earnings according
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in accordance with the financial planning rule 50/30/20. The financial planning rule 50/30/20 stipulates that 50% of your earnings should be spent on obligations, like expenses like bills. 30% of your income should be spent to "wants", and the remaining 20% can be put to use for other reasons.
It is possible to save.
