Create a free

Free Well Designed Invoice

with branding & integrated payment

Oops! Something went wrong while submitting the form.

Save time

with simple contracts & invoices

Protect yourself

from late payments & scope creep

Get peace of mind

with a standard & transparent process

Bonsai handles the back office.
You focus on the work you love.

How it works

Choose a contract

from a library of vetted, plain English templates

Select your terms

and fully customize them based on your needs

Sign electronically

and store securely

Create beautiful invoices

and accept payments worldwide

Do the work you love

Bonsai handles the back office

According to the US News, one way of improving your financial management skills is by tracking your spending habits. Ordinarily, your spending habits should not exceed your earnings. Therefore, keep track of your earnings too. One way of doing this is by invoicing your clients on time so that they don't default or delay with payments. A design invoice book offers the right tools needed to not only track spending, but also earnings thus improving your financial management skills. Do this and make it a habit to avoid falling into financial ruins.

It helps to track additional income
Careful tracking of all additional income is essential to boosting your financial management skills. If you're a fulltime employee who dabbles in some additional work for extra income, you can't afford not tracking these earnings too. The invoice book gives you a tool for staying up to date with your additional income. At some point, you will need all this information when filing your tax returns. Therefore, keep proper records of all invoices paid and the ones your clients are yet to settle.

It helps create strategies for handling trouble clients
An entrepreneur might find it impossible avoiding debts. In some cases, your customers will not pay on time, thus owe you money, which is a form of debt. If customers delay with your money, some of the strategies for such a situation would involve taking loans to offset some of the expenses. Debts are also mandatory if the business struggles with poor flow of cash. Some debts are unavoidable, such as mortgages. If you're a part time student, taking student loans would be a good move despite the debt that remains on your head.

It keeps record of your finances
Good financial management skills have everything to do with tracking and reviewing all your financial statements. Check whether the statements reconcile with the figures you have, especially when your clients pay you directly through your bank. In some cases, the account statements might not reconcile because of identity theft. You can identify whether this is the case by looking for strange charges on your credit cards. According to the Consumer Financial Protection Bureau, you should report suspicious activities on your credit card immediately.

It motivates you to clear debts
One of the ways of improving your financial management skills is by motivating yourself to pay off and clear all debts. Find ways of motivating yourself to stay the course until you finish paying your debt. Good financial management practices rub off on others too. Your customers can learn from you. It's impossible to avoid bad debts completely, but you can put the right mechanisms in place to make it harder for clients to refuse settling or paying what they owe. As for you, remember to stay focused on your financial targets.

If the design invoice book fails to boost your financial management skills, you should look at other solutions. Hiring and working with a professional might be what you need to attain your financial management goals and objectives. It's common for a person to feel overwhelmed, nervous and confused while trying to handle his own money. Professional advice from an advisor whom you pay a fee is highly advisable in such situations. Hiring a debt collector to follow up on clients who refuse paying on time is a good move too.

Finally, don't be afraid of taking baby steps. The invoice book teaches you the step-by-step lessons required to excel at preparing these documents on time. Any invoice you write and send needs follow-up. Find creative and simple ways of avoiding incurring more expenses while waiting for your clients to settle their accounts. According to, developing the right financial management skills helps you to save money that you will need tomorrow. You prepare for a bright future by saving today and living within your means.