Introduction
Freelancing offers freedom, but managing money with an unpredictable income can be tough. SetMoney helps you stay organized, track every payment, and budget for taxes and expensesâso you can focus on your work, not your worries.
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Why Budgeting Matters for Freelancers
- Irregular income: Payments can be unpredictableâtracking is essential.
- Tax planning: Set aside money for taxes with custom categories.
- Expense management: Know your business and personal costs.
- Financial confidence: Stay in control, even when income varies.
How to Use SetMoney as a Freelancer
- Track Every Payment: Log all sources of income using custom categories (e.g., clients, platforms).
- Separate Business & Personal: Create categories for business expenses, personal spending, and taxes.
- Plan for Taxes: Use a dedicated category to set aside a percentage of each payment for taxes.
- Monitor Cash Flow: Use statistics to see your income and expenses over time.
- Export Data: Download your records for easy tax filing or sharing with your accountant.
SetMoney Tip: Review your statistics monthly to spot trends and plan ahead!
Conclusion
Freelancing doesnât have to mean financial chaos. With SetMoney, you can manage your money confidentlyâno matter how unpredictable your income is.