For the last few years I've worked online and make a decent income, usually around 3 or 4 k a month. This has allowed for a pretty cool lifestyle where i've been able to travel quite a bit and have set up shop in various places like Nicaragua, The DR, Costa Rica and more. Currently in Panama.
I've had this pattern for the last few years though that I'm just now really starting to address which is that although I make decent money when all is said and done, the money I make is very sporadic and comes inconsistently, just due to that nature of my website and what I sell. One month I might make 5k and then the next 2k and the next 3k and so on.
I've been running into this pattern where I'll do really well and then not really think or worry about money, travel around, live pretty carefree and then gradually my account will start to dwindle and I'll go into panic mode, work for a couple months, watch my account go back up and then start the pattern all over again.
I'm working on really addressing and resolving this issue now. Of course the obvious solution is to spend less and/or make more, but is there anyone else with a similar experience who works online? My plan is to get out of Panama in the near future and go back to supplementing my income playing guitar and teaching music on the side, which I was doing in the DR. Panama is just stretching me to thin.
How do fellow online marketers deal with fluctuating incomes? Seems like this must be an issue other internet marketers experience.
I've had this pattern for the last few years though that I'm just now really starting to address which is that although I make decent money when all is said and done, the money I make is very sporadic and comes inconsistently, just due to that nature of my website and what I sell. One month I might make 5k and then the next 2k and the next 3k and so on.
I've been running into this pattern where I'll do really well and then not really think or worry about money, travel around, live pretty carefree and then gradually my account will start to dwindle and I'll go into panic mode, work for a couple months, watch my account go back up and then start the pattern all over again.
I'm working on really addressing and resolving this issue now. Of course the obvious solution is to spend less and/or make more, but is there anyone else with a similar experience who works online? My plan is to get out of Panama in the near future and go back to supplementing my income playing guitar and teaching music on the side, which I was doing in the DR. Panama is just stretching me to thin.
How do fellow online marketers deal with fluctuating incomes? Seems like this must be an issue other internet marketers experience.