
The Freelancer's Financial Guide: Managing Budgets in an Unpredictable World
Toryn Jelix
This audiobook is narrated by a digital voice.
This comprehensive guide covers everything from creating a budget that accounts for variable income to saving for taxes and managing expenses on a fluctuating income. The book begins by examining the financial realities faced by freelancers and gig workers, including the uncertainty of income, fluctuating workloads, and the lack of traditional benefits. It then offers step-by-step guidance on developing a budget that reflects these challenges, including tips on tracking expenses, setting financial goals, and building an emergency fund to weather financial storms. Readers will also learn strategies for managing irregular income, such as creating multiple income streams, setting up a pay-yourself-first system, and prioritizing expenses based on their financial goals. Additionally, the book provides insights on managing debt, saving for retirement, and planning for long-term financial stability in an ever-changing economic landscape. The Freelancer's Financial Guideemphasizes the importance of financial literacy and empowerment for freelancers and gig workers, offering practical tools and resources to help them take control of their finances and build a secure financial future. Whether you're a seasoned freelancer or just starting out, this book will empower you to make informed financial decisions and achieve financial success in the gig economy.
Duration - 1h 34m.
Author - Toryn Jelix.
Narrator - Digital Voice Chris G.
Published Date - Monday, 20 January 2025.
Copyright - © 2025 David A Lawrence ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. This comprehensive guide covers everything from creating a budget that accounts for variable income to saving for taxes and managing expenses on a fluctuating income. The book begins by examining the financial realities faced by freelancers and gig workers, including the uncertainty of income, fluctuating workloads, and the lack of traditional benefits. It then offers step-by-step guidance on developing a budget that reflects these challenges, including tips on tracking expenses, setting financial goals, and building an emergency fund to weather financial storms. Readers will also learn strategies for managing irregular income, such as creating multiple income streams, setting up a pay-yourself-first system, and prioritizing expenses based on their financial goals. Additionally, the book provides insights on managing debt, saving for retirement, and planning for long-term financial stability in an ever-changing economic landscape. The Freelancer's Financial Guideemphasizes the importance of financial literacy and empowerment for freelancers and gig workers, offering practical tools and resources to help them take control of their finances and build a secure financial future. Whether you're a seasoned freelancer or just starting out, this book will empower you to make informed financial decisions and achieve financial success in the gig economy. Duration - 1h 34m. Author - Toryn Jelix. Narrator - Digital Voice Chris G. Published Date - Monday, 20 January 2025. Copyright - © 2025 David A Lawrence ©.
Language:
English
Chapter 1: Introduction 5
Duration:00:00:01
- Explanation of the gig economy and the rise of freelancers 6
Duration:00:02:34
- Overview of the challenges faced by freelancers and gig workers with irregular income streams 9
Duration:00:02:37
Chapter 2: Understanding Your Income 11
Duration:00:00:02
- Tips for tracking and managing your income from various sources 12
Duration:00:02:53
- Importance of understanding the fluctuating nature of freelance income 15
Duration:00:03:14
Chapter 3: Setting Financial Goals 18
Duration:00:00:02
- Importance of setting specific financial goals for freelancers and gig workers 19
Duration:00:03:09
- Ways to prioritize spending and saving in alignment with your goals 22
Duration:00:02:47
Chapter 4: Creating a Budget 24
Duration:00:00:01
- Step-by-step guide for creating a budget tailored to irregular income 25
Duration:00:02:56
- Tips for budgeting for both fixed and fluctuating expenses 28
Duration:00:02:53
Chapter 5: Managing Cash Flow 30
Duration:00:00:01
- Strategies for managing cash flow effectively when income is unpredictable 32
Duration:00:04:03
- Tools and resources for tracking and forecasting cash flow 36
Duration:00:03:36
Chapter 6: Savings and Emergency Funds 39
Duration:00:00:02
- Importance of building savings and emergency funds for freelancers and gig workers 40
Duration:00:02:50
- Tips for setting aside money during peak earning periods to cover lean times 43
Duration:00:02:48
Chapter 7: Dealing with Debt 45
Duration:00:00:01
- Strategies for handling debt with irregular income 47
Duration:00:03:40
- Ways to prioritize debt repayment while balancing other financial goals 51
Duration:00:03:02
Chapter 8: Tax Planning and Compliance 54
Duration:00:00:02
- Guidance on tax planning and compliance for freelancers and gig workers 55
Duration:00:02:37
- Tips for setting aside money for taxes and minimizing tax liabilities 58
Duration:00:03:39
Chapter 9: Retirement Planning 61
Duration:00:00:01
- Importance of retirement planning for freelancers and gig workers 62
Duration:00:02:54
- Options for saving for retirement without a traditional employer-sponsored plan 65
Duration:00:03:55
Chapter 10: Insurance and Protection 68
Duration:00:00:02
- Overview of insurance options for freelancers and gig workers 69
Duration:00:04:36
- Importance of protecting against unexpected events through insurance 74
Duration:00:03:47
Chapter 11: Building Multiple Income Streams 77
Duration:00:00:02
- Strategies for diversifying income sources to create stability 78
Duration:00:02:40
- Tips for exploring new opportunities in the gig economy 81
Duration:00:02:07
Chapter 12: Navigating Economic Downturns 83
Duration:00:00:02
- Advice for managing finances during economic downturns as a freelancer or gig worker 84
Duration:00:03:49
- Ways to prepare for and weather financial challenges 88
Duration:00:03:34
Chapter 13: Mindset and Money 91
Duration:00:00:02
- Discussion on the psychological aspects of managing money as a freelancer or gig worker 92
Duration:00:02:56
- Tips for developing a healthy mindset around money and income 95
Duration:00:02:44
Chapter 14: Case Studies and Success Stories 97
Duration:00:00:02
- Real-life examples of freelancers and gig workers who have successfully managed their finances 98
Duration:00:02:15
- Lessons learned and key takeaways from their experiences 101
Duration:00:02:44
Chapter 15: Conclusion 103
Duration:00:00:01
- Recap of key points and strategies for budgeting as a freelancer or gig worker 105
Duration:00:02:55
- Encouragement and inspiration for taking control of finances and building a stable financial future in the gig economy 108
Duration:00:03:55