March 1, 2024 - I’m back with another instalment of Freelance Finance! Last time, we explored bookkeeping methods to keep track of your income. And in this post, we’ll look at a system that will help organise your money and build a financial safety net. Like last time, these posts are intended for beginners, and should not be taken as absolute advice but an introduction to some concepts that I have personally found useful. [caption id="attachment_75580" align="aligncenter" width="400"] The Bookeeper, 1901 - H.O. Kennedy[/caption] The Bucket Method Explained The bucket method involves splitting your money into categories or “buckets” based on specific financial needs. You then divide each incoming payment you receive into these buckets proportionally. A bucket is typically a bank account, but can also be things like a retirement fund or investment. Here is an example of…