Budgeting and Survival Tips for Freelancers: A Roundup of Advice

A freelancer budgeting

Budgeting and survival tips for freelancers abound on the web. We’ve trolled freelance budgeting articles and distilled this wisdom down to 9 nuggets compiled here for your convenience. The best advice is often gained from those who have walked in your shoes. If you are a freelancer, and you are currently operating without a budget…you are not alone, but, there are many reasons to budget. Read more

Budgeting for Freelancers. An Easy Guide to Why and How

Freelancers, like all other businesses, benefit from having a budget, but many freelancers don’t take the time or understand the importance. Self-employed people are notoriously busy and frequently don’t spend time planning. Why? They see planning as an “administrative” duty – one that gets in the way of real work. “I’ll get to it when I have time”, they think to themselves, and that time never seems to come. Working on projects, the bread and butter of a freelancer’s life, seems more valuable than planning, which has less immediately tangible benefits. Read more

The Cost of Neglecting Small Business Financial Planning
– Removing Barriers to Success

Small business financial planning with Flare's budgeting tool

Given the demands on the time and financial resources of small business owners, often budgeting is an afterthought – if it’s done at all.

However, if you don’t budget or somehow monitor your business’s finances, you are putting your savings, hard work and sacrifices at risk. You are abdicating control and allowing fate to dictate outcomes like income, losses or even the continuation of your business. An apt analogy is driving in heavy traffic with your eyes closed and hoping against hope that you somehow avoid a collision. Read more