- The life of a freelancer seems…pretty great from the outside.…Pick your own hours, work in your pajamas, or from a beach.…As a freelancer, you have flexibility and freedom.…Sounds great, right?…One thing that's rarely shown is the financial struggle…that many freelancers face,…from negotiating rates, to collecting on late invoices,…to managing their own taxes.…Being a freelancer often means becoming…your own chief financial officer,…accountant, sales force, and collections department.…Here's some tips that can help freelancers…stay on track financially.…
Get the right structure.…First, check out the pros and cons of setting up…as a business versus working as a freelancer.…There may be tax advantages in your country…to being a limited liability business…versus being a sole proprietor or freelancer.…What you can deduct from your income,…tax rates, and legal liabilities vary…between the two legal forms.…It really depends on your own situation,…how much money you make, and what industry you work in.…Your business structure is important, so do your research.…
Skill Level Intermediate
Financial Wellness for Couples and Familieswith Amanda Clayman1h 7m Intermediate
Personal Finance Tips and Trickswith Jane Barratt2h 58m Intermediate
Your Money Management
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