Do you know your runway?
Your runway is the number of months you can give yourself a consistent paycheck, without extra income.
Once you know your runway, you will be equipped to handle the ups and downs of freelancing. Whether you are preparing for a dry spell, or taking a vacation; you'll have the peace of mind knowing that you'll get paid.
Below we've created a calculator to make it easy for you to figure out your runway. Still not convinced? Check out our blog post on why every freelancer should know their runway.
Why calculate your runway?
- Improve your work-life balance
- Know when you need to find new clients
- Have confidence passing on projects that aren't a good fit
- Give yourself paid time off
Runway Calculator
Step 1 of 4
What is your bank account balance?
How much money is in your bank account after taxes have been taken out?
Disclaimer: This tool should not be considered financial or tax advice. If you need advice, please seek the help of a certified professional.