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Learn Challenge: Earnings Forecaster | Optimizing Freelance Business with Python
Python for Freelancers

bookChallenge: Earnings Forecaster

Forecasting your freelance earnings is an essential practice for financial planning and maintaining business stability. By leveraging Python, you can automate this process and quickly identify potential shortfalls before they become issues. In this chapter, you will build a script that takes hardcoded data for your past monthly earnings and upcoming project payments, calculates projected totals for each month in the next quarter, and displays a summary table. You will also highlight any months where projected earnings fall below a threshold you set, helping you proactively address lean periods.

Task

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Complete the script to forecast your freelance earnings for the next quarter using the provided hardcoded data.

  • Calculate the total projected earnings for each upcoming month based on the values in upcoming_projects;
  • Create a pandas DataFrame named df with columns Month and Projected Earnings;
  • Add a column Below Threshold to flag months where projected earnings are less than the value of threshold;
  • Print the DataFrame as a string with no index using print(df.to_string(index=False)).

Solution

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SectionΒ 3. ChapterΒ 7
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bookChallenge: Earnings Forecaster

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Forecasting your freelance earnings is an essential practice for financial planning and maintaining business stability. By leveraging Python, you can automate this process and quickly identify potential shortfalls before they become issues. In this chapter, you will build a script that takes hardcoded data for your past monthly earnings and upcoming project payments, calculates projected totals for each month in the next quarter, and displays a summary table. You will also highlight any months where projected earnings fall below a threshold you set, helping you proactively address lean periods.

Task

Swipe to start coding

Complete the script to forecast your freelance earnings for the next quarter using the provided hardcoded data.

  • Calculate the total projected earnings for each upcoming month based on the values in upcoming_projects;
  • Create a pandas DataFrame named df with columns Month and Projected Earnings;
  • Add a column Below Threshold to flag months where projected earnings are less than the value of threshold;
  • Print the DataFrame as a string with no index using print(df.to_string(index=False)).

Solution

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Everything was clear?

How can we improve it?

Thanks for your feedback!

SectionΒ 3. ChapterΒ 7
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