Freelance Finance

Muck and Mire’s guide to financial serenity for the self-employed

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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 [...]

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Tags: Getting Organized · Pay Yourself First · Pleasures of the freelance life · The Emergency Fund · The Retirement Fund