10 Tips for Saving Money as a Freelancer

Source: http://freelancefolder.com/10-tips-for-saving-money-as-a-freelancer/

Now that I’ve been freelancing for well over a year, I’ve dealt with my fair share of expenses, taxes and other terrible money sucking things we have to deal with as the self-employed. There are several ways to manage these of course, and ways to save money doing so.
Unfortunately, just because we stay at home it doesn’t mean that we save more money than someone who works outside of the home. Yes, we have to pay for less gas, we don’t have to pay to eat out, nor do we have as many car expenses. But if you’re not careful, you can actually spend a lot more than someone who does drive 30 minutes away to work.
Here are ten of the ways I’ve found to save money for everything we deal with as business owners. (more…)

By Alexandra|October 15th, 2013|Saving Tips for Freelancers|0 Comments

20 Money (and Sanity) Saving Tips for Freelancers

Source: http://freelanceswitch.com/the-business-of-freelancing/money-saving-tips/

Even in the best of economic times, freelancers often walk a tight financial edge—some months you may be flush with money, while other months will leave you searching under the couch cushions just to make sure you have food in the house.
Here’s are some frugal tips to help you save money—and your sanity—while you are building your freelance business.

Have an emergency fund. Unfortunately, it isn’t if but when an emergency will come up. With a financial cushion you will be able to meet most emergencies without incurring exorbitant interest fees or loan costs.

Don’t quit your day job…yet. Launching yourself full time into your freelance business sounds like a great idea but if you have bills to pay, don’t give up your day job just yet. Don’t quit your regular job until you have a consistent freelance income (or a very big emergency fund) that can easily cover your living expenses. (more…)

By Alexandra|September 25th, 2013|Saving Tips for Freelancers|0 Comments

Money Saving Tips for Freelancers and Contractors

Source: http://blog.kpsol.co.uk/2013/money-saving-tips-for-freelancers-and-contractors/

A few simple, practical and effective ways to make the most of your finances.

Record Everything
It may sound simple, but making sure that you keep all receipts, invoices and emails for your outgoings can be invaluable to helping you manage your spending. Keep a box or a file of all this information so that you can review them each month. You will also need these if you want to claim expenses. (more…)

By Alexandra|September 10th, 2013|Saving Tips for Freelancers|0 Comments

5 Money Saving Tips for Freelancers

Source: http://workawesome.com/goals/money-saving-tips/

So, at last you have decided to dive deep into the freelance world and have already started to feel the freedom of working under yourself and further on your own schedules. Sounds thrilling! Doesn’t it? Your dream of working while seated in the local café or bookshop and drinking coffee comes true.
However, this honeymoon phase might fade out soon, and you find might yourself gazing miserably at your bank account. With these hot money saving tips, you should be alright.
Financial stress, however, is not necessarily an essential condition of freelancing. Nevertheless, financial sickness can come from freelancing if not done with proper care. You have to make a few compromises and planning if you want to step ahead and become financially fit as a freelancer. (more…)

By Alexandra|September 4th, 2013|Saving Tips for Freelancers|0 Comments

Money Saving Tips for Freelancers

10 Tips for Saving Money as a Freelancer

Source: http://freelancefolder.com/10-tips-for-saving-money-as-a-freelancer/

Health insurance. If you’re pretty healthy, don’t go for the all-in-one plans. They are unnecessary and overpriced. Instead, aim for a high deductible HSA account, which means you can contribute thousands of dollars to an HAS account tax-free, and use it for all medical expenses and prescriptions. Don’t just check out the major companies like Blue Cross Blue Shield, they will often charge you full priced rates. Instead, look for smaller companies that offer BCBS (or your company of choice). For example, in TN, I got BCBS coverage for only $50 a month (width a $2500 deductible HSA account) by going through Farm Bureau and using their Tennessee Rural Health Plans. Same insurance company. Same coverage. My savings: $300 (more…)

By Alexandra|August 23rd, 2013|Saving Tips for Freelancers|0 Comments