“FRA Financial Group Founder Joe RoosEvans is an industry veteran who has built one of the nations’ most successful Independent Marketing Organizations – Financial Resources of America and its affiliated companies, including FRA Financial Group.”
One of the most easy job and can be done by anyone is to become a freelancer. Do not underestimate worked as a freelancer because in this modern era more and more companies and individuals who need their services. Many benefits can be obtained in his profession as a freelancer. The most preferred of working as a freelancer is because we can work in accordance with the passion and ability.
In addition, we can also decide how much salary we want to get from the work we do, of course, also be adapted to our ability. However, there are disadvantages that are often experienced freelancer, namely weak financial management which he got. Many freelancers who fail financially because they cannot manage their finances well.
Because earnings are not necessarily, sometimes they make money very much, and sometimes even do not get anything. Therefore, the ability to manage finances well should be owned by a freelancer. How to manage finances right for a freelancer? Consider the tips below.
- Separate Money For Basic Needs in Early
Calculate properly whatever the future of your basic needs. If you are married, priority needs at home. How you and your family need each month, the cost of food, electricity, water, medication, if any debt or mortgage you should also count as well. If you’ve discovered how much should be spent in a month, immediately set aside money or salary that you can.
This is to secure your family financially and also to avoid unnecessary expenses. This is all you have to do at the beginning of the month if you calculate monthly, or you can also do as soon as you earn.
- Always Prepare Emergency Fund
We must realize that a freelancer is not the same as the employee or other employees. Because the amount of income of a freelancer cannot be ascertained each month. For that, we must always set aside money for emergencies that are likely to encounter.
These funds could be used for the purposes of a sudden, do you use for other purposes. For example, you can use for the cost of repairing a car or motorcycle that suddenly breaks down, or maybe also for your family member’s sudden illness. Set aside 20% – 30% of the salary you get. We recommend that you do with a regular, as they may be ahead of our immediate needs are enormous.
- Avoid Consumer Lifestyle
Terms of becoming a successful freelancer one of them is able to maintain a good lifestyle. That is not to be someone who consumptive. Often the cause of freelancers experiencing financial difficulty is because his habits were too consumptive. If you get a salary, always want to buy something that does not even important to have.
This may be because a freelancer is paid for his work per project which usually certainly greater than the monthly employees. To that end, a freelancer should be able to arrange finances in order at the time did not get the project could still survive the project again.
- Note Every Earning The Sign
Looks easy, just record any income earned. However, the benefits that we get from the record any such income very much. So in completing projects freelancer get will definitely get different earnings.
With record revenue, we can calculate how much needs to be learned from the salary. Since each project has a different income, then you also have to be very clever to get around in adjusting income with expenditure. With record earnings, you can use the money effectively and efficiently. Visit us now for more info.