Many people assume that freelance writers only have to deal with writing. They think we spend all day every day sitting in coffee shops, coming up with new ideas and working on the next great American novel.
Sadly, that isn’t the whole picture.
Of course, as a freelance writer, the writing is paramount. But there’s also the pitching, the invoicing, the networking and the marketing. You are your own business. And as a business, you need to be making the right financial decisions to ensure your business is thriving and to keep the IRS off your back.
Check out these business and accounting tips below to help you succeed in your freelance writing career.
7 Money-Saving Tax Tips for Freelancers and Remote Workers
Filing and paying your taxes as a freelance writer is an entirely different ball game than filing and paying taxes as a regular 9 to 5 employee. Check out these tips from US News to ensure you’re on top of everything before tax season.
4 Money Management Tips For Freelancers
If you’ve transitioned to freelance from a full time employee gig, this may be the first time you’ve had to be responsible for sending invoices, charging taxes, chasing down your money and handling business expenses. Read on for four solid tips to help you manage your money.
7 Finance Tips for Freelancers
Many freelancers choose this life because they’d rather write their own rules than follow the status quo. But just because you’ve chosen an unconventional career and less than stable money path, doesn’t mean your finances need to be a mess.
Link: https://www.tonyrobbins.com/wealth-lifestyle/financial-primer-independent-contractors/
5 top money management tips for freelancers in 2017
While these tips were written in 2017, they still apply in 2018 and beyond. Benedict Smith for Creative Bloq introduces some broad financial lessons that every freelancer needs to learn when getting started in the business.
Link: https://www.creativebloq.com/advice/5-top-money-management-tips-for-freelancers-in-2017
5 personal finance tips every freelancer should know
Some freelancers like to think of themselves as creatives and artists who don’t need to worry about things like financial security and job stability. But even though you’re not bringing home a stable paycheque every two weeks doesn’t mean you can’t be smart and stay on top of your finances.
Link: https://99designs.ca/blog/freelancing/5-must-know-personal-finance-tips-freelancers/
6 Money-Saving Tips for Freelancers
As a freelancer, there can definitely be some lean times when the projects dry up and the invoices go unpaid. Knowing how to save for these lean times is a key skill every freelancer needs. Check out these tips to help you save money and stay afloat during dry times in your business.
Link: http://www.girlsjustwannahavefunds.com/6-money-saving-tips-for-freelancers/
These Counterintuitive Money Management Strategies For Freelancers Really Work
It may sound counterintuitive to hire, spend money and acquire assets when you’re a struggling freelance writer. But Abdullahi Muhammed for Forbes swears by these controversial strategies to help freelancers get ahead and reach financial stability.
What business or accounting tip do you think is most important for freelance writers to know? Share your thoughts in the comments below: