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5 Stupid Simple Money Management Tips I Wish I’d Of Known as a New Freelancer
Don’t reinvent the wheel; follow these and thrive
Ideas are the simplest and most abundant commodity around.
Everyone has an idea for the next great thing-a-ma-jig or doo-hickie that will revolutionize life as we know it. Very few of you will ever take that first step and start. A fraction of folks will let those dreams die with them.
But for the ones who make the leap, understand this.
It takes more than guts and drive to succeed…it takes money.
The number one reason many freelancers and entrepreneurs fail is due to poor money management or understanding of finances altogether.
Or, put more succinctly, you run out of cheddar.
In fact, lack of funding is commonly reported within the first year. However, poor money management can easily be avoided by taking the time to understand business finances and personal finances. And not in a complex, gotta get an accounting degree way. Instead, in a super simple way to grasp the concepts behind what keeps your freelance business alive and thriving.
Here are five crucial money management tips to follow as a new freelancer.