Article
March 13, 2019
Freelance Income 101: How to Calculate Your Take-Home Pay
How much money do you want to make? No, really. As a freelancer, your income isn’t at the mercy of a corporate pay scale. For me, two of the most liberating parts of starting my own business were the uncapped earning potential and the ability to forecast my income in a realistic way. You can[…]
March 13, 2019
How I Gamify Ways to Save Money
Not too long ago, I was barely hitting my financial goals. I was just making it, crawling across each finish line. It wasn’t pretty. If I wanted to achieve my business goals, I definitely had some changes to make. I needed ways to save money that would energize me to look at the next challenge.[…]
March 6, 2019
Your Client Gave You A Bounced Check, Now What?
After working hard to complete a project, a bounced check isn’t just a disappointment—it can throw your finances into a complete tailspin. You hustled to sell a project, worked hard to nail it, but now the long-anticipated payoff is turning into a headache. According to CNN Money, data from the Consumer Financial Protection Bureau shows[…]
March 6, 2019
Deciding to Permalance – the Pros and Cons you need to know
A new trend is on the rise within the gig economy: permalancing. But what exactly does it mean to permalance? Well, permalancers are technically freelancers, but they work with the same organization for a long period of time, or choose to dedicate a certain number of hours each week to a specific client’s projects. For[…]
March 6, 2019
How to Choose Freelance Job Titles: What’s in a Name?
One of my colleagues calls me a Word Unicorn. When she introduces me to peers or possible clients, it’s always, “This is Erin, she’s a Word Unicorn.” As a writer, should I embrace that title? Or are there other freelance job titles that would be better suited? Naming yourself, or at least your job title,[…]
March 5, 2019
Short-Term Disability for Freelancers: A Beginner’s Guide
Today, you’re working for yourself and absolutely killing it. But some day you may be faced with a disabling injury or illness that impairs your ability to work. Bills will keep coming, but you won’t be earning. You can dip into your emergency fund if you have one. Otherwise, you may consider short-term disability insurance,[…]
March 5, 2019
Insurance for your business of one
Buying insurance as an individual tends to be costlier than being insured under an employer. It can be tempting to forego insurance especially if you’re tight on money. But before you shut out insurance completely, there are some things you may want to think about for your unique situation to see if it may be[…]
March 5, 2019
Retirement for Freelancers
Thinking about retirement for freelancers is like solving an equation that has four unknown variables and only one constant. Questions start racing through your head: how much do I need to save? And then, shortly after using a calculator that gives you a number, how will I ever save enough to retire? Depending on your[…]
March 5, 2019
Here’s Why Freelance Financial Planning Is Hard
Give every dollar a job, they say. Set goals. Stick to your budget. Don’t raid your savings. We know this advice; we’ve heard it everywhere. Freelance financial planning seems simple enough at the outset. So why is it so hard to stick to the road map? Is it really that different from financial planning as[…]
February 28, 2019
Savings Hacks for Freelancers
Saving can be hard enough, and for those with variable income, the challenge may seem even trickier. When you’re not sure when or how much you will get paid, it can be difficult to plan and budget. The two main ways to save more are are to spend less or make more. Bonus points if[…]