Wrapping Up the Year: December Financial Tips for Creatives
As December rolls in, the final month of the year is a critical time for creatives to reflect, recharge, and prepare for a fresh start. The holidays may bring a rush of sales, but they also mark the perfect opportunity to take stock of your finances and wrap up the year on a high note. Whether you’ve been running your creative business for years or just starting out, December offers the perfect moment to review your financial strategies, adjust your goals, and ensure you're set up for success in the new year. Here's your guide to closing out the year strong, financially and creatively, with some key actions to take before you enter 2025. 1. Review Your Year-End Financials Before diving into your New Year’s resolutions, take time to analyze your financial performance from the past year. This isn’t just about looking at your profits and losses; it’s about understanding the bigger picture and making any final adjustments. Track your income and expenses: Review your cash flow to s...