business and financial help plsss
Hi! I’d really like advice from a wide women that knows about financials and life… WHICH IS ALL OF YOU 😭💕
I have my business and I love doing it!!! But it’s really hurting my pockets i did a photoshoot recently that took around 9-12K from my bank account. I’m only 20 and that was extremely a lot of my savings and everything I had. Now my business has slowed down and I only have 8K in my savings and I was thinking another photoshoot would really run me a lot again around 6-9K and my business isn’t really making me any money at all and I barely get any engagement on my website or socials. the reason a photoshoot takes a lot is bc of the model wages going up, the photoshoot places, and everything - I do a yearly catalog so it’ll be the only photoshoot for the year. I’m about to graduate college soon and i’m thinking. I have a job now that can get me around 1-1.1K a month, which is okay i guess. If i saved up until december for the photoshoot my personal savings would be only back up to $9-10K and saved around $4-5K for my shoot. Without saving for the photoshoot by the end of the year I could really be back at my 15-17K range in my savings that i had, then i could focus on a real career job (my major) , pay my tuition and continue on. I do love my clothing business and it’s my passion but it’s hurting me financially and i won’t be able to pay back my tuition like this… or even think about moving out….. and my business also stresses me out a lot.
I would love some advice on should i keep my business or not and if i’m making good financial plans and risk. Idk i would just love to talk to someone about this pls.
Achieve your health goals from period to parenting.