The Freelance Feast or Famine Cycle–Come Out on Top

The Freelance Feast or Famine Cycle–Come Out on Top

Business
A major concern of beginning freelancers is how to budget fluctuating income. Things are wonderful when you have a $5,000 month but when you only bring in $1,500 the next month, you start to panic. This post is a step-by-step tutorial to help you get out of the freelance feast or famine cycle. 7 Steps out of the Freelance Feast or Famine Cycle Step 1--Open bank accounts Open three checking accounts and one savings account. You could have more accounts, and likely will down the road. But for the purpose of this post, we're going to stick with four. Name one checking account Operations, another Taxes, and the third, Personal. The savings account is for, of course, Savings. Step 2--Set your salary Decide how much money you need to make,…
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Does a Freelance Writer Need a Contract?

Does a Freelance Writer Need a Contract?

Business, Marketing
The first time a magazine sent me a freelance writer's contract, I was a nervous wreck. The editor of a different national publication was a friend of a friend, so I sent him a copy and asked him to decipher it for me. I've since become more comfortable with signing on the dotted line and wish more freelancers were, too. Does a freelance writer need a contract? I hear this question all the time on social media. A freelance writer agreement doesn't just protect the publication, it's also important for the writer. Let me tell you a story, then you decide. Freelance Writer's Contract Why a writer needs one My first regular writing gig was a natural health blog. Then next, I started writing for a personal finance blog. Several…
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