Have you ever been in a position where you were “rich on paper,” but had a bank account that was starving for cash? It’s odd how you can have the pressure of debts and bills to be paid while still having several invoices you haven’t sent simply because you’re too busy to collect what is owed you. It doesn’t make sense, but when you’re hard at work it’s easy to let these tasks slide.
I know there have been many times where I’ve had a stack of checks sitting in my inbox and I just can’t seem to find the time to make it to the bank. Having even the small hurdle of opening Excel to record what has been invoiced and what’s been paid can help delay this task much longer than is helpful and create urgent situations which shouldn’t exist.
It’s a bit ironic considering how magical those first few invoices you sent out as a new freelancer were.