Part 6/11:
Tracking my income accurately is vital, especially because of the irregular nature of creator earnings. I utilize a "run rate" methodology, projecting annual income based on current earnings. Though simple, it can sometimes mislead due to the volatility of earnings month-over-month.
For instance, if I earn well in one month but zero in the next, projecting based on a single prolific month could give an inaccurate annual forecast. Therefore, I continuously adjust my projections based on quarterly performance and observed trends.