“When I was suckling at the corporate teat, my money came with reassuring regularity. Unless it stopped completely. But now I’m self-employed, my money comes when clients decide to pay me. But what hasn’t changed are the dates when I’m supposed to pay my bills.” … More Tales from the Self Employed: Cash Flow
Transitioning from an employee to self-employed has a lot of moving parts. One of those parts is taxes. No more will an employer compulsorily deduct taxes from your income. But the IRS still expects you to pay taxes. … More Tales from the Self Employed: Taxes
Personal financial accounting apps are a great way to get your finances organized. … More Mint. com Training Discounted for June
You’re a virtual business now and find paper in all forms a nuisance. But you still have documents to store: bills, contracts, bank statements, and a pile of unexciting records your business must retain. In addition to static documents, your business also has ‘working’ documents – editable files with routine changes or updates. If you … More Your Virtual Office: Documents
So you’ve decided that your business will be office-less for the foreseeable future. There were only a few things tied to your old physical office space, but one of them is mail. While there are many opportunities to switch correspondence to electronic delivery, your business still needs an address. … More Your Virtual Office: Mail
How do you adjust your business’ financial systems to accommodate new work locations?
… More Your Virtual Office: Paying Bills
Getting your money house in order is great and all, but it won’t be as effective if you don’t have clear goals. Creating concrete, attainable financial goals can be hard to wrap your head around the first time. … More Financial Goal-Setting Mini-Workshop
But I want to ask a different question – ‘why am I saving?’ And the answer I’m looking for is not ‘retirement’ or ‘an emergency fund.’ … More How much money should I be saving?
You might make this vow every year after the cluster-f**k that is tax time for your business. But like most New Year’s resolutions, this vow is forgotten before you implement any changes. … More Never again will I wait until the last minute to do my taxes