Getting your finances in order BEFORE you become a freelancer
Sep 20, 2021Two questions for any freelancer watching this vid:
1. If your boss asked you to do something that went against your values, would you be able to flat-out say no without fearing the consequences?
2. Would you be able to walk away from a job that asked you to compromise your ethics or that was toxic to your mental health?
If not, you do not (yet) have F-you money. In today's video, I'll share:
- How I finally got my finances straight after years of irresponsible decisions and straight-up overwhelm
- The books that helped me do it!
My top finance tips:
1. Get out of ALL debt (not talking about your mortgage but living beneath your means is critical)
2. Start saving money (this is your F-You savings account that allows you to walk away from toxic situations)
3. Track your finances for a period of time to find out what you're spending on
4. Automate the payment of your bills so you never pay a late fee
5. Open a ROTH IRA and start investing in your own retirement account
Books mentioned:
1. The total money makeover by Dave Ramsey
2. The millionaire next door by Thomas Stanley
3. I will teach you to be rich by Ramit Sethi
4. The simple path to wealth JL Collins
5. Your money or your life by Vicki Robin