Money management for Freelancers
Freelancers, including private tutors, fitness trainers, and sports coaches, enjoy the flexibility of setting their own schedules and choosing their clients. However, this independence comes with financial challenges. Effective money management is crucial for maintaining financial stability and achieving long-term success.
Common Financial Problems for Freelancers
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Irregular Income: Unlike traditional employees, freelancers do not have a steady paycheck. Income can fluctuate based on client availability, seasonal demand, and market conditions.