As a self employed contractor I can confirm, the lack financial security of a fixed payment is a problem and it can be hard. I’ve example had limited income for the last 1 and a half year because of health problems, but what I did to buffer this was to give myself a fixed salary every month. The rest stayed on a seperate account. So I had a sizeable funds ready in case if something would happen. (no contracts, health problems, etc). I lived on those funds for more than a year so I would think that’s a decent buffer.
As a self employed contractor I can confirm, the lack financial security of a fixed payment is a problem and it can be hard. I’ve example had limited income for the last 1 and a half year because of health problems, but what I did to buffer this was to give myself a fixed salary every month. The rest stayed on a seperate account. So I had a sizeable funds ready in case if something would happen. (no contracts, health problems, etc). I lived on those funds for more than a year so I would think that’s a decent buffer.