Freelance Writing Course

  • Learn how to earn a full-time freelance writing income
  • Daily emails, one-on-one training and more
  • "Your course has taught me a lot about freelance writing. I particularly enjoy the daily emails. My income is on its way up!" - Sheila Escuro

Hire Me

  • Many years of freelance writing and consulting experience
  • Web content, blog content, sales letters, feature articles and more
  • Competitive rates, Bulk discounts
  • Contact me today

Tips for Managing your Freelance Budget

One thing I learned early on as a freelance writer was that having a budget for my career related money was very important. Although I don’t spend a lot on expenses related to my career, they do come up from time to time.

Here are three money management tips to rely on:

1. Never break your budget. It is very tempting to spend a lot of money on the latest gadgets, or the best of the best in terms of office supplies. If you have the money, and you are willing to spend it, there is nothing wrong with splurging. But remember, you don’t want to go overboard to the point of spending more than you have in your budget.

2. Save what you don’t spend. Every month I put aside a certain amount of money for freelance writing expenses. But guess what? I never spend all of it. Instead of looking at this as a bad thing, I just roll it over into the next month. There is no need to waste money on things I don’t really need.

3. Write it down. No matter if I am spending or saving, I write this down on paper while also tracking it with an Excel spreadsheet. This may be overkill, but it makes me feel in total control of my budget. At the very least, make sure you know where your money is going at all times. This way you can look back to see what you have been doing, whether or not it is working, and if you need to make any changes.

With these three tips you should be able to better manage your freelance budget.

Subscribe to my RSS Feed, or receive updates via email.
Comments OffFreelance WritingApril 15th, 2010

Comments are closed.

SubscribeReaders

Seach Here

Featured Sites

Copyright 2010. Freelance Writing at Chrisblogging.com. 120 Media, LLC