🔵How to manage finances as a freelancer: Create a freelancer budget #Freelancetips
Freelancers need to budget carefully due to inconsistent income. Start by estimating your monthly income and expenses, then compare them to ensure you’re financially stable. If you’re falling short, either increase income, cut costs, or both.
Additional budgeting tips include:
• Start a buffer fund: Save extra cash during high-earning months to cover low-income periods. • Review your pricing: Make sure your rates are enough to meet your budget without overworking. • Build a financial runway: Save enough money to cover several months without work, giving you freedom and reducing stress.
Savings guidance:
• Aim to save 35%-50% of your income for strong financial security. • Saving 25% is great, and 5%-15% is the bare minimum to stay afloat month to month.
Tax savings:
• Set aside 15%-30% of your income for taxes (depending on your business structure and location). • Consult a local accountant for exact rates.
🔵How to manage finances as a freelancer: Create a freelancer budget #Freelancetips
Freelancers need to budget carefully due to inconsistent income. Start by estimating your monthly income and expenses, then compare them to ensure you’re financially stable. If you’re falling short, either increase income, cut costs, or both.
Additional budgeting tips include:
• Start a buffer fund: Save extra cash during high-earning months to cover low-income periods. • Review your pricing: Make sure your rates are enough to meet your budget without overworking. • Build a financial runway: Save enough money to cover several months without work, giving you freedom and reducing stress.
Savings guidance:
• Aim to save 35%-50% of your income for strong financial security. • Saving 25% is great, and 5%-15% is the bare minimum to stay afloat month to month.
Tax savings:
• Set aside 15%-30% of your income for taxes (depending on your business structure and location). • Consult a local accountant for exact rates.
In many cases, the content resembled that of the marketplaces found on the dark web, a group of hidden websites that are popular among hackers and accessed using specific anonymising software.“We have recently been witnessing a 100 per cent-plus rise in Telegram usage by cybercriminals,” said Tal Samra, cyber threat analyst at Cyberint.The rise in nefarious activity comes as users flocked to the encrypted chat app earlier this year after changes to the privacy policy of Facebook-owned rival WhatsApp prompted many to seek out alternatives.
At a time when the Indian stock market is peaking and has rallied immensely compared to global markets, there are companies that have not performed in the last 10 years. These are definitely a minor portion of the market considering there are hundreds of stocks that have turned multibagger since 2020. What went wrong with these stocks? Reasons vary from corporate governance, sectoral weakness, company specific and so on. But the more important question is, are these stocks worth buying?
