Are you thinking about taking the leap into fulltime entrepreneurship? For most people, this is a decision that takes a lot of planning. Before I made the leap, my finances were one area I have to make sure were secure. If you’re how much money you need saved and exactly how long it will last you, here’s an easy tool you can use to map out a few scenarios for your self.
This excel tracker contains:
- A personal expenses budget tracker
- A business expense tracker
- scenario mapping if your side hustle is making some money
- scenario mapping if your business is not yet making any money
You can plug in your own numbers and categories and see what the model predicts.