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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

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By proactively managing their affairs and possibly engaging with a tax professional for guidance, freelancers and digital nomads can navigate tax season with confidence, securing financial peace of mind. To calculate their taxable income, freelancers must first tally all their revenues and then subtract their allowable business expenses.

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The U.S. Job Market Is Slowing — Should We Be Worried?

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Slowing job growth may curb inflation but can reduce disposable incomes, purchasing power, and overall economic output, potentially signaling underlying structural issues like skills mismatches or economic vulnerabilities. Recent BLS data points to a cooling U.S. Bureau of Labor Statistics (BLS) indicates signs of cooling in the U.S.

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4 Smart Money Moves to Plan for Financial Security

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Maybe you dream of attending drama school one day or purchasing recording equipment to help with your podcasting side gig (don’t we all?). This goal is more expensive than I’d like to admit, so I strategically plan for those purchases by saving for them on a monthly basis. For me, this is collecting limited-release sneakers.

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What Is Zero-Based Budgeting?

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You begin to embrace your personal agency, and that confidence ripples out through every area of your life. After the budget is set, its user must allocate all income to expenses, savings or debt payoff. With that number in mind, they design expense categories and assign a dollar amount to each. That’s a freeing way to live.

Budget 246
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Master the 3 Stages of Buying to Win Your Ideal Client 

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As your dream clients work through the process of deciding what to purchase and who to buy from, they will reach a stage where they deal with their fears and concerns. This is especially true when the decision is big, expensive, complex or risky. You also create value for them by differentiating yourself and your offering.

2015 279
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2023 Financial Forecast: How to Prepare for the Year Ahead

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Now, for the good news: Although there’s bound to be factors that are beyond your control, feeling more confident about your finances can help you navigate whatever comes your way. Meanwhile, after a multi-decade period of low interest rates, it’s now more expensive to borrow money from lenders (such as credit card issuers).

2023 306
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A Freelancer’s Guide to Business Insurance: What You Need to Know

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When asked basic insurance questions, 96% of small owners didn’t achieve a passing grade, and only 10% of those surveyed felt “completely confident” that their business was sufficiently insured. General liability insurance for freelancers This is the most common insurance that small business owners purchase.

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