Lens1000
VIP Contributor
Financial planning for freelancers and gig workers is very important because they face challenges due to irregular income streams and the variable workloads that they have . Creating budget and cash flow plan is very important because the fluctuations in income is very high and that is how freelancers can manage their finances more effectively.
You must set aside portion of your income for taxes and retirement savings as a freelancer if you really want to achieve financial stability. Unlike the traditional employees, freelancers are the one responsible for paying their own taxes and contributions towards retirement. so there is need for serious budgeting for this expenses.
You must set aside portion of your income for taxes and retirement savings as a freelancer if you really want to achieve financial stability. Unlike the traditional employees, freelancers are the one responsible for paying their own taxes and contributions towards retirement. so there is need for serious budgeting for this expenses.
