Financial tips, tools, and advice for freelancers for setting income goals, pricing freelancer work, identifying business investments, budgeting, or diversifying the services offered to minimize risk.
Often times, when people consider making the move to freelancing, one of the first lines of inquiry is whether they'd make more or less working on their own than in a typical 9-to-5 full-time job. So do freelancers make more money than regular employees?
Freelancing is mostly associated with active income – you get paid for the hours you put in or for a certain workload, ideally a finished project. However, there is another way to earn money as a freelancer - passive income.
As a freelancer, will you soon be visiting a client, a seminar or a trade fair? If so, you need to know how to correctly account for your professional travel expenses. This article teaches you all about travel expenses, how to bill business trips correctly, and what the four types of travel expenses are.
All freelancers have one challenge in common: setting a reasonable hourly rate. Beginners in particular often have a hard time deciding their hourly rate. Read on to avoid making rookie mistakes when it comes to setting your freelance rates!
Being a freelancer may come with a lot of perks, but unfortunately, an automatic workplace pension isn’t one of them. While employees at a company can sign up for their company’s pension scheme, freelancers are in charge of arranging their own pension and putting aside money to contribute towards their future.
Money is a tricky topic even for the most experienced ones. As a self-employed, accounting & finances is among the 10 biggest challenges.
It’s the bane of freelancing existence – getting paid late. Late payments aren’t just some nuisance freelancers like to complain about – they can be a significant financial risk. At best, dealing with it wastes valuable time that you can spend either on work or enjoying your life. At worst, late payments mean that you’re unable to pay essential...
Freelancing is on the rise - every day we hear about independent consultants, freelancers and people starting their own business. More than 60 million people in the US are now freelancing and we’ve seen a similar trend in Europe as well. But are freelancers happy?
Many freelancers love recommending colleagues for freelancing project, and can sometimes receive a referral fee as a result. There’s nothing necessarily wrong with those types of referrals – they are an easy and low-maintenance way to get some extra cash. And as long as all sides profit and nobody is being treated unfairly, paid referrals can be...
Whether you’re a freelancing guru or someone who has just started out on their own, the one thing you’ll need to keep in mind as you manage finances is a bank account. What, where, and how? We’ve got you covered! Read on to find out more about banking for freelancers!