I started my freelance business in June of 2007. I knew there would be no way to immediately match what I had been earning at my cubefarm job, so I determined what I spend in a typical month (utilities, groceries, car payment, mortgage, etc.) and made it my goal to at least make that make that much every month. I was . . . intermittently successful at meeting that goal. Fortunately, my husband picked up most of the slack, so with a little curtailing of "unnecessary" spending we were able to keep our house and cars, eat on a regular basis, etc.
I retained last year's goal for this year, and added a goal of making more per month than I did last year. To determine if I am meeting that goal, I compared my earnings in two ways:
- In a straight comparison of the last six months of 2007 to the first six months of 2008, I made 8.4 percent more this year than last.
- For an "apples to apples" comparison, I looked at what I earned from June through October 2007 versus what I earned June through October 2008. For that period of time, I made 13.5 percent more this year than last.