Empowering Gig: Navigating Finances as a Freelancer
Marva Sanchez
This audiobook is narrated by a digital voice.
With a focus on practical tips and strategies, this book explores the complexities of managing irregular income and navigating self-employment taxes. From creating a budget that accommodates fluctuating earnings to maximizing deductions and investments, this comprehensive guide empowers readers to take control of their financial future. Whether you're a seasoned freelancer or new to the gig economy, this book offers valuable insights and tools to help you not only survive but thrive in the ever-evolving landscape of independent work. With real-life examples and expert advice, Empowering Gigequips readers with the knowledge and confidence to make informed decisions about their finances. You'll learn how to set financial goals, create a customized savings plan, and protect your income through various insurance options. The book also delves into the importance of building multiple streams of income and leveraging technology to streamline financial management. By incorporating a holistic approach to financial planning, readers can gain peace of mind and a sense of control over their financial outcomes. Written in a clear and accessible style, Empowering Giggoes beyond traditional financial advice to address the specific needs of freelancers and gig workers.
Duration - 2h 29m.
Author - Marva Sanchez.
Narrator - Digital Voice Madison G.
Published Date - Monday, 20 January 2025.
Copyright - © 2025 John Baker ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. With a focus on practical tips and strategies, this book explores the complexities of managing irregular income and navigating self-employment taxes. From creating a budget that accommodates fluctuating earnings to maximizing deductions and investments, this comprehensive guide empowers readers to take control of their financial future. Whether you're a seasoned freelancer or new to the gig economy, this book offers valuable insights and tools to help you not only survive but thrive in the ever-evolving landscape of independent work. With real-life examples and expert advice, Empowering Gigequips readers with the knowledge and confidence to make informed decisions about their finances. You'll learn how to set financial goals, create a customized savings plan, and protect your income through various insurance options. The book also delves into the importance of building multiple streams of income and leveraging technology to streamline financial management. By incorporating a holistic approach to financial planning, readers can gain peace of mind and a sense of control over their financial outcomes. Written in a clear and accessible style, Empowering Giggoes beyond traditional financial advice to address the specific needs of freelancers and gig workers. Duration - 2h 29m. Author - Marva Sanchez. Narrator - Digital Voice Madison G. Published Date - Monday, 20 January 2025. Copyright - © 2025 John Baker ©.
Language:
English
- Definition of freelancers and gig workers 7
Duration:00:02:35
- Overview of common financial challenges faced by freelancers and gig workers 10
Duration:00:02:11
- Introduction to the importance of financial planning in this unique profession 13
Duration:00:03:08
Chapter 2: Understanding the Gig Economy 16
Duration:00:00:02
- Explanation of the gig economy and its impact on the workforce 17
Duration:00:02:40
- Comparison of traditional employment to gig work 20
Duration:00:03:15
- Benefits and drawbacks of working as a freelancer or gig worker 24
Duration:00:03:09
Chapter 3: Managing Irregular Income 27
Duration:00:00:02
- Strategies for budgeting with irregular income 28
Duration:00:02:38
- Tips for creating a financial cushion for lean months 31
Duration:00:04:13
- Importance of cash flow planning for freelancers and gig workers 36
Duration:00:03:18
Chapter 4: Self-Employment Taxes 39
Duration:00:00:02
- Overview of self-employment tax obligations 40
Duration:00:03:03
- Tips for calculating and paying self-employment taxes 44
Duration:00:03:12
- Deductions and tax credits available to freelancers and gig workers 48
Duration:00:02:43
Chapter 5: Retirement Planning for Freelancers 51
Duration:00:00:02
- Challenges of saving for retirement without an employer-sponsored plan 52
Duration:00:04:17
- Options for retirement savings and investment vehicles 57
Duration:00:03:07
- Strategies for building a retirement fund as a freelancer or gig worker 61
Duration:00:03:43
Chapter 6: Health Insurance and Benefits 64
Duration:00:00:02
- Comparison of health insurance options for freelancers 65
Duration:00:04:00
- Importance of disability and life insurance for gig workers 70
Duration:00:03:03
- Accessing other benefits as a freelancer, such as retirement savings plans and vacation time 74
Duration:00:02:50
Chapter 7: Managing Debt and Credit 77
Duration:00:00:02
- Strategies for managing and reducing debt as a freelancer 78
Duration:00:03:43
- Tips for maintaining good credit as a gig worker 83
Duration:00:03:07
- Importance of managing debt and credit in a fluctuating income environment 87
Duration:00:03:48
Chapter 8: Investing for the Future 91
Duration:00:00:02
- Overview of investment options for freelancers and gig workers 92
Duration:00:03:51
- Steps to building a diversified investment portfolio 96
Duration:00:03:10
- Importance of long-term financial planning and wealth-building for freelancers 100
Duration:00:03:09
Chapter 9: Setting Financial Goals 103
Duration:00:00:02
- Importance of setting realistic financial goals as a freelancer 104
Duration:00:02:54
- Strategies for achieving financial goals and milestones 107
Duration:00:03:31
- Tips for staying motivated and disciplined in pursuing financial success 111
Duration:00:03:30
Chapter 10: Building a Financial Safety Net 114
Duration:00:00:02
- Importance of emergency savings for freelancers and gig workers 116
Duration:00:03:09
- Strategies for creating a financial safety net in times of uncertainty 120
Duration:00:03:26
- Tips for protecting against financial risks and setbacks as a freelancer 124
Duration:00:03:56
Chapter 11: Outsourcing Financial Management 128
Duration:00:00:03
- Benefits of working with financial advisors and professionals as a freelancer 129
Duration:00:03:01
- Criteria for selecting a financial planner or accountant 133
Duration:00:03:41
- Tips for integrating financial professionals into your freelance business 137
Duration:00:03:38
Chapter 12: Overcoming Common Financial Hurdles 141
Duration:00:00:03
- Challenges and obstacles faced by freelancers and gig workers 142
Duration:00:03:19
- Strategies for overcoming financial roadblocks and setbacks 146
Duration:00:03:36
- Tips for staying resilient and adaptable in a changing financial landscape 150
Duration:00:03:21
Chapter 13: Maximizing Income and Opportunities 153
Duration:00:00:03
- Strategies for increasing income as a freelancer or gig worker 154
Duration:00:04:53
- Tips for expanding your client base and diversifying revenue streams 159
Duration:00:03:40
- Importance of networking and marketing in maximizing financial success 163
Duration:00:03:04
Chapter 14: Sustaining Financial Health and Wellness 166
Duration:00:00:03
- Tips for maintaining financial well-being and stability 167
Duration:00:03:52
- Strategies for balancing work-life and financial goals as a freelancer 171
Duration:00:03:15
- Importance of self-care and mental health in achieving financial success 175
Duration:00:02:13
Chapter 15: Conclusion 177
Duration:00:00:01
- Recap of key financial planning principles for freelancers and gig workers 178
Duration:00:03:09
- Encouragement and inspiration for pursuing financial success in the gig economy 182
Duration:00:02:56
- Final thoughts on the importance of proactive financial management for freelancers and gig workers 186
Duration:00:02:55