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4 Money-Saving Tips For Gig Workers, Freelancers
Not everything is straightforward when it comes to your finances. Nobody understands that more than gig workers. Not only is your future income unpredictable, you also have to think about taxes a little differently than other people, while putting forth the extra effort to prove yourself in your industry.
That’s why it’s important to pay extra attention to your finances. It’s important, now more than ever, to start budgeting and saving money for that unpredictable future.
Here are some great tips on how you can save money as a gig worker or freelancer.
Create a Budget
You need to make a budget that facilitates your monthly earnings. Think realistically about what you can and can’t afford.
It’s easy to see from a bird’s eye view what you’re able to spend when you create a budget. This will help you set goals for how much you want to earn as a freelancer, but give you an idea on how much money to set aside for other things, like taxes and retirement.
Speaking of…
Prepare For Taxes All Year Long
Every fresh and new gig worker and freelancer who fills out their very first 1099 has no idea what’s in store for them: tax season. Unlike a W-2, where your employers automatically take out your…