Personal finance for freelancers is a tricky topic for many reasons, perhaps the most obvious of which is that our work lives—and the erratic payments that often go along with it—look a lot different than most people’s. Saving for retirement is a must for anyone who doesn’t want to spend their golden years panicked about [...]
Freelancers never retire…(and other myths)
February 8th, 2008 · No Comments
Tags: Getting Organized · Non Sequiturs, Rants and Whines · People Like Us · Pleasures of the freelance life · The Retirement Fund
16 Things Freelancers Must Know… #3: Pay yourself first
February 8th, 2008 · No Comments
Paying yourself first is the cardinal rule of all income-earners, whether you are a self-employed freelancer or not. As you may have noticed, Mire and I like to call this feeding the monkey. Suppose you decide to save 15 percent of your income. Save it as follows: 10 percent to a retirement account, and 5 [...]
Tags: Getting Organized · Pay Yourself First · Pleasures of the freelance life · The Emergency Fund · The Retirement Fund