Entrepreneur Tip: 7 Hacks to Save Money for the Slow Season

Tips to build your financial reserves in preparation of the winter lull

For entrepreneurs who travel, snow and cold weather aren’t huge factors influencing their event season. But if you’re like me and your business hasn’t reached a big enough scale to warrant traveling south in the winter for markets, there’s a serious lull from mid-December through early spring.

(Even if you do travel, most people are all shopped out after Christmas, so the start of the new year is slow until consumers are ready to start spending again.)

Surviving the winter bills and having enough financial reserves to cover vendor fees for the new season have been some of my biggest challenges as a full-time author and artist.

Here are some of the tools and methods I use throughout the year to help prepare for my 6-8 week break after the holidays:

1. Square auto savings

2. External bank account

3. Subscriptions

4. Print-on-demand merch

5. Cash rewards apps

6. Donations

7. Preorders