Being your own boss can come with unique budget considerations. pricelesstay shares some tips for
#selfemployed budgeting:
✔️ Use percentages rather than fixed amounts when budgeting for your needs, wants, savings and taxes
✔️ Aim to make 1.5x of your essential bills + taxes
✔️ Use a tax calculator to determine how much income you need to set aside
✔️ Don’t forget to review options for a retirement plan
✔️ Allocate at least 20% of your income for savings and emergency fund
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#HowNotToSuckatMoney to learn how to set your future self up for success. Link in bio.