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Finances and Freelance Writing

When you work as a freelance writer it is safe to say that you want to spend most of your time writing and marketing your services. But do you ever take the time to think about your finances? From your business finances to your personal situation, you need to keep your money organized at all times.

Note: finance related issues can quickly spill over into your career, holding you back from reaching your writing goals.

Basic Tips for Beginners

1. Read as much as possible. A lack of knowledge is no excuse for making poor financial decisions. From online advice on your favorite site to reading books, there is a lot of information out there. Where are you going to pick up the knowledge necessary to better your financial situation?

2. Stay organized. Early in my freelance writing career I found it difficult to keep my business and personal finances separate. As I began to better organize my money, I found this to be a much easier task. From financial software to the use of spreadsheets, there are many things you can do to keep organized.

3. Get help. Do you have a financial planner? How about an accountant? You may not need professional help from the very start of your freelance writing career. However, as you begin to make more money and your financial situation becomes more complex this becomes a necessity.

There is nothing better than being dedicated to your writing career. Just make sure you are not neglecting your finances along the way.

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Comments OffFreelance WritingFebruary 13th, 2012

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