I do believe that tracking finances are very important for a freelance business. You need to balance your books for taxes anyway and having a separate bank account set up for your business is vital for this. I use Bench to balance my books as this is not a task I want to do and have learned from the past that I just won't do it, I'll let it pile up. https://bench.co.
At a very basic level, I want to know how much money I have coming in and going out during the month so I can make sure that I'm making enough overall money. Focusing on finances over time will allow you to get better at estimating work, being efficient with your time and hopefully making more money.
I didn't seek out steady work for the sake of steady work, I was lucky to have a steady amount of different freelance projects streaming in though. I think it depends on what you want.
I do believe that tracking finances are very important for a freelance business. You need to balance your books for taxes anyway and having a separate bank account set up for your business is vital for this. I use Bench to balance my books as this is not a task I want to do and have learned from the past that I just won't do it, I'll let it pile up. https://bench.co.
At a very basic level, I want to know how much money I have coming in and going out during the month so I can make sure that I'm making enough overall money. Focusing on finances over time will allow you to get better at estimating work, being efficient with your time and hopefully making more money.
I didn't seek out steady work for the sake of steady work, I was lucky to have a steady amount of different freelance projects streaming in though. I think it depends on what you want.