Interested to know when people talk of reaching their target, not reaching it, or trying to. Each week or month etc.
How do you decide and workout what your personal target is.
For you, is it relative to your outgoings, or?

On tour I do what amy said.

But in general/at home I do not pick a numerical figure as a target; I just aim to make as much as possible without pushing myself so hard my mental/physical wellbeing starts to get thrown off track. Sometimes this threshold is much higher than others. On tour I find myself willing and able to take every booking god sends... but at home this is not the case at all, and I think that if i set targets in numbers of 0s it would just be something to inevitably get upset about if I didn't hit them!

More important IMO is save your money, spend it wisely, don't waste it.

I don’t have a target as my overheads are low and i don’t like the stress of having one. Whenever I’ve tried to institute one I’ve either always made way more or way less so the target was academic. obviously you need to know how much you need to be comfortable, which for me is low,  so I guess that is basically my target. All else is bonus.

My overheads are quite high as I am in a big city, so rent takes a huge chunk, then loan/credit card repayments, food, grooming budget(usually just hair) the rest I invest; usually 40% of income. I hardly save  ....I am playing with fire lol cause the investments are very high risk.

Typically I aim for a few hundred £££ more than I’d be earning in a ‘minimum wage 40 hours a week’ job. xx

I’ve calculated all my monthly outgoings such as my bills, direct debits, food, fuel, pet food, basically everything I need to be comfortable. I then add £200 a week / £800 a month for ‘spending’ such as eating out, bits and bobs etc which isn’t a necessity as I’d get by without but I like the option. And then I add what I’d like to save.
I also have part time office job which brings in set amount each month so I can deduct that from my overall target.

I have 6 days off for my period each month, so assuming the average month is 30 days minus my 6 day period, I’m left with 24 days. Also minus some days off / weekend. I’m actually left with around 18 days to make my target. So I divide my target by 18 days to get a daily target. I also divide my target by 3 to get a rough weekly target.

As you know, this job can be very up and down so try not to stress too much on daily targets but a weekly one can give you an idea.

I’ll give an example below for ease:
Monthly outgoings that must be paid £2,000
Monthly spending money: £800
Monthly savings: £1,000
TOTAL: £3,800

Minus office job: -£1,000
TOTAL: £2,800

£2,800 / 18 = £156 daily
£2,800 / 3 = £933 weekly

I also bear in mind that the least I can get by on is around £1,000 a month(it would be £2k but I’ve deducted the office job)  so the above is a target for the very ideal. If I need to just scrap through I can do:
£1,000  / 18 = £56 daily
£1,000 / 3 = £333 weekly

As veggiegal mentioned, it’s nice to have an idea of minimum, medium and high.

Just be sure to include all your possibly outgoings. Bills / direct debits are easy to calculate but things like food, fuel, beauty treatments, pets/children, adhoc things also need to be in the equation so you’re not caught short.

If you’re touring then you obviously you need to adjust your targets to include the cover of your added expenses like hotels, travel, food 

PS. Don’t forget to set aside money each week / month for the big ol’ tax bill.
I forgot to mention above because I pay a direct debit to HMRC each month so I know it’s covered

Yes I find it really helpful and reassuring knowing I’ve paid a set amount each month and that over a year I will pretty much cover my tax bill. At least I don’t have to worry about a huge bill hitting me at the end of the year. And I can’t be tempted to spend it
You can cancel it at anytime too, so if needs must, or you have a tight month you can just cancel it from your bank no problem and restart it again for the next month