Freelance Finance

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

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The Freelancer’s Guide to Tax Season

February 18th, 2008 · No Comments

Mire and I used to sweat out the tax season, living in fear that our accountant’s verdict would throw us in debt for years to come. But we don’t fear tax season anymore. Why? Because we’ve starting doing something many freelancers don’t, namely, save to pay our taxes. While not as glamorous as saving for [...]

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Tags: Death and Taxes · Getting Organized · Pleasures of the freelance life

16 Things Freelancers Must Know #4: Yes, You Must Save for Retirement

February 12th, 2008 · No Comments

We hear it all the time: “I’m young. Why should I save for retirement now?” Here’s the short answer: Because the power of compound interest works in your favor the more years your money sits in the bank, growing. If you start saving 15 percent of your income in your twenties, you will be a [...]

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Tags: Pleasures of the freelance life · The Retirement Fund