Freelancer Finances: Getting Started

It takes a lot to decide to work for oneself, so first – congratulations! You’re already on the path toward greater financial freedom. That said, living life as a freelancer is no walk in the park, and it’s easy to get lost before figuring out how to stand on your own two feet.

Freelancers: are you charging too little?

Back when I taught college (oh, those poor kids), I was given a flat rate as a guest lecturer. I don’t remember precisely what the rate was, but I do remember it was a pittance.

Freelancers: It’s tax time… Do you know where your money is?

Taxes are a pain for everyone. And whether you do them yourself (ugh), take them to one of those big tax prep companies (where I’ve always known more about tax law than my preparer), or use an actual accountant-type person (my suggestion), there are unique headaches freelancers face.