When it comes to our money, freelancers share common issues: budgeting to pay for yearly and quarterly taxes, forking over money for our own medical insurance, and then there’s that good ole’ self-employment tax. And of course there’s the challenge of budgeting with variable income. The thing is that depending on our line of work and […]
Tag: variable income
So I’ve been playing around with different systems for budgeting, and the one that works best for me is to create buckets for my recurring expenses. The money I have left over, I kick over to the percentage method. Here’s how I do it: Step 1: Create Buckets for Your Money I am big into […]