Top Stories budgeting
- How To Stop Fighting About Money With Your Significant Other
- How To Create A More Effective Debt Pay-Down Plan
- How To Better Manage Your Freelance Income
- How To Teach Young Kids Budgeting Habits Early On
- How I Kept Saving Money Even During A Job Loss
- How Big Numbers Short-Circuit Your Brain And Your Finances
With the new year well under way, and with many still reeling from Christmas debt, it’s no surprise that many resolutions revolve around paying off debt. If you are among those who want to pay down debt in 2014, you should make a plan. A good plan can help you pay off debt faster and save you money overall — especially in interest.
Freelancing is rewarding, but it is not for the faint of heart. Yes, you get to do work you love and you get to do it on (mostly) your own terms. You also have play roles you may not enjoy so much, like marketer, sales person and bookkeeper, some of which we’ve talked about before. And one of the biggest challenges in freelancing is managing an irregular income.
A few months ago, I lost a job. It was a first for me. To recap, a high-paying client let go of the majority of their freelancers, which included me. I felt rejected, but I quickly came to terms with it. It’s business. However, since I’d been focusing 90 per cent of my work life on this client for the past couple of years, I consequently lost 90 per cent of my income when I lost the job.