Roz Andrews
Sep 7, 2018 · 1 min read

A cash reserve is definitely important so that you don’t panic when you hit a slow period, as you inevitably will. There are various ways of building up a cash reserve. I allocate a percentage of each payment received to the cash reserve. Having a cash reserve, even if it’s a relatively small one, helps you to stay positive and take action during slowdowns.

    Roz Andrews

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    Writer, editor, proofreader & founder of www.rawritersforhire.com and www.medium.com/small-steps, moving forward in life, one small step at a time.