Advertising Continue reading below 6. Baller at budgeting It might feel like a roller coaster ride, but the reality is that SEO freelancers spend most of their time organizing bills and expenses. For some of us, it's about categorizing our write-off expenses, while others may find themselves figuring out how much money to take out of their business to pay rent. One of the downsides to getting out of your 9 to 5 grind is getting a handle on your spending habits. Sure, you want to fantasize about having the same client for years, but, truth be told, SEO freelancers have to be prepared to gain and lose some clients.
No judgment here on what you end up skimping and splurging on. You work hard for that money. Budgeting for a 6 month buffer image masking service in case you lose a client or two will give you some breathing room. How to start this habit: Set up automatic withdrawals each month to subtract 20% from everything you do. Continue this process until you have three months of savings you can live on. That means you have enough savings to pay your rent, utilities, and eat for three months without customers. Then continue until you reach 6 months. You can reduce the savings to 10% if it's too heavy.
Advertising Continue reading below It is important to consider your taxes and savings when billing your hourly rate or project. If you get paid $1,000 a month, $300 goes to taxes; $200 is savings, is it worth $500 for you to do the work? 7. Love for the Bustle Whether you're gaming or just trying to make a living, you know what it's like to be hustling. I know what it's like to roll out of bed with zero money in the bank then turn on some gangster rap and do it. Real scammers challenge themselves every day to achieve “optimal anxiety”. A study conducted in 1908 proves that we must achieve “optimal anxiety” to find peak performance levels.