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Episode from the podcastThe Freelancer Talk

Getting real about MONEY $$$ | a personal finance system for all freelancers | The Freelancer Talk #13

Released Tuesday, 24th November 2020
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Pensions, debts, savings, financial buffers, your spending habit, and getting realistic about your dreams. Today we are rounding up our money month by getting real about money!Us Freelancers have our own responsibility to dissect our revenue, to pay our taxes, and plan our own pension. Don’t be fooled by huge paychecks because they rarely are huge!How do you get out of debt or how do you plan on buying that house in the future? You cannot start early enough with creating your own financial plan and especially getting realistic about it. My own personal journey in finding a financial plan that worked for me was a complicated one. Like most freelancers, I started out at a young age and didn’t really grasp what this kind of career meant for my wallet. I had a crazy spending habit that led me into debt. And while I was busy trying to make ends meet, how was I supposed to put money aside for my pension? How was I supposed to pay for a new computer when my old one broke down? I’m sure you as well have bumped into some kind of money issues before?Why you need to stop saving and start saving as freelancer (podcast #11)Getting real about money is something we don’t often talk about. Money talks are often taboo, especially when you aren’t doing so great. I know all about it!The Money Book for Freelancers, Part-Timers, and the Self-EmployedTo find answers on how I should be planning my finances as a freelancer I went on an everlasting online search adventure. And that’s when I found “The Money Book for Freelancers, Part-Timers, and the Self-Employed” by Joseph D’Agnese and Denise Kiernan. A life changing book that taught me all the ins and outs on how I should be planning my finances as a Freelancer.In today’s podcast, I’m sharing what I’ve learned from Part 1 of the book, basically the first 100 pages. Part 1 is designed to prepare you for Part 2, where they teach you how to set up your own financial plan. In Part 1 you basically dig into all things money that you should take into account when you create your financial plan. We’re talking cash flow, paychecks, debts, financial buffers, and making your dreams concrete. A part of the book that I think is so essential to us freelancers.So I’m gonna talk about all things money but if you want to learn how to set up your financial plan in a concrete way, I strongly urge you to buy the book and get reading! You can buy the book HERE*!Now let’s talk about money, shall we?*This is an affiliate link by the terms of the Amazing Partner programma. By purchasing this product I will be allowed a small commission which doesn’t impact the original price of the product. By using this link you will make it possible for me to keep creating free content however you are in no way obliged to use this link.Support the show (https://www.buymeacoffee.com/freelancertalk )