And it also requires some planning.

Put another chunk of the money into savings and/or investments

See above.

(Also, I totally recommend investing even if you are anxious about market fluctuations.)

Start Saving Now, Even If You Don’t Have Any Long-Term Financial Goals

So put a portion of that moneytheFinancial Samuraisuggests 10 percenttowards something youve always wanted.

Chances are, a lot of people helped you get to where you are today.

Now that you have some extra cash, its time to pay it backand pay it forward.

If You Want to Grow Your Net Worth, You’re Going to Have to Invest

A business needs either debt or capital to grow, after alland Id recommend using capital.

Time to upgrade your equipment, invest in marketing, attend that conference, etc.

If you need a big boost to operations, what inexpensive lines of credit could you access?

When You Earn Extra Money, Don’t Save It All

Youve been

setting aside funds for taxes

…right?

Heres the moment to catch up.

What investments in your business would give you the most bang for your buck?

Want to Be Happier? Live Closer to the Stuff You Want to Do

Nobody wants to pay more in freelance taxes than they have to, right?

Which, sure, theres something to be said for not spending money thoughtlessly.

But theres also something to be said for improving whatever aspect of your life isnt currently working.

How to Survive a Freelance Dry Spell

And yes,this high-earning period could be temporary.

So set aside what you should probably set aside, and pay off what you should probably pay off.