How do you handle financial aspects such as invoicing, taxes, and budgeting as a freelancer?

How do you handle financial aspects such as invoicing, taxes, and budgeting as a freelancer?

Asked on November 17, 2023 in Business.
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    As a freelancer, I handle financial aspects systematically. I set clear project scopes and pricing structures upfront, ensuring clients are aware of costs. Invoicing is done promptly upon project completion, with detailed breakdowns of services rendered. I maintain organized records for tax purposes, setting aside a portion of earnings for taxes. Budgeting involves tracking both business and personal expenses, allowing for proper financial planning. Regularly reviewing and adjusting pricing based on market trends and skill growth helps maintain a sustainable freelance business.

    Answered on November 17, 2023.
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