Freelance Finance

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

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16 Things Freelancers Must Know #6: Learn to budget your time:

February 15th, 2008 · No Comments

Time is money. The minute you get a freelance assignment gig, calculate how much time the client is buying from you. Unless you are absolutely dying to do a particular project, a $500 project should buy fewer of your hours than a $1,000, $2,500 or $7,500 project. I have written $1,500 to $2,500 articles in [...]

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Tags: Getting Paid · Managing clients · Multiple income streams · Pay Up, Sucker

16 Things Freelancers Must Know… #2: You Need a Nest Egg

February 6th, 2008 · No Comments

In an ideal world, I wouldn’t advise becoming a full-time freelancer until you are 30 or 35 years old. The longer you wait, the more contacts you will have, and the more money you’ll have saved up. And, if at all possible, I would not start as a full-time freelancer unless you had 6 to [...]

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Tags: Getting Paid · Invoices · Managing clients · Pleasures of the freelance life · The Emergency Fund