The escort can mean financial ups and downs. Sometimes you may have a very large flow of customers, other times you may not have any. Especially last year, when the coronavirus pandemic hit, the escort job simply stopped.
Escorts who had no savings or other basic jobs handled very hard financially during this difficult time. Now that things have stabilized, clients have begun to search for their sexual passions and challenges again.
To cope with any unforeseen financial situation, an escort in Florence must apply some basic money management techniques to stay afloat.
Make a list of your monthly income and expenses
The first step in taking control of your finances is to calculate, on average, what your monthly income is. This can involve the base salary and income from escort work and sexual activities.
After calculating your earnings, it is essential to determine your monthly expenses. These should include utility bills, fuel, maintenance costs, food, medical care, clothing, labor costs, and any other monthly expenses you have.
You can determine your income and expenses based on bank statements from the last 6 months, for example, to make a more accurate calculation.
Obviously, expenses can vary over time, from month to month. However, it is important to quote, as it will help you better understand what you are spending your money on and how you can prevent certain financial difficulties.
Establish the budget
The budget will help you keep track of your finances. The goal is to make sure your expenses don't exceed your income. In other words, the income must cover the expenses.
Once you have established your monthly expenses as an escort, you will have a clear picture of the money and expenses you can avoid.
For example, will you continue to pay for a membership to the most luxurious gym, since you can hardly afford it? Or will you continue to spend money on expensive cosmetics and perfumes if your income is lower? Perhaps it would be ideal for finding cheaper alternatives, like exercising at the park or shopping at cheaper stores.
What are the benefits of setting a monthly budget?
- Provides control over finances
- Helps you prioritize essential payments
- You are less likely to get into debt
- You can get a bank loan more easily
- Helps you highlight non-essential expenses and find a way to save money
- In the long run, you can find a budget for buying a car, house, etc.
While this can be difficult, it is important to prioritize your strong needs over your desires, at least until you increase your income to resume all the activities you enjoy.
As a luxury escort and not only, as a woman, lack of financial planning can bring serious problems to personal life. With this information, in print or in an online document, you will have a clearer picture of the current financial situation, you will have the opportunity to save part of your income, for those more difficult times when you earn the same.
If you haven't started doing this yet, the advice is to start consciously as soon as possible. If you want to make extra money, as an escort you can try selling private content online, such as nude photos and videos or articles with various fetishes.
Also, if you are a luxury scrotum that has a public image, you can try various advertising contracts with agencies or brands to promote to generate more profit than the standard rates.