Making almost $400,000 per year as a freelancer is probably a goal for any remote worker. A young lady freelancer has succeeded in making $378,000 per year through Fiverr, a famous freelancing platform, and she wants you to know these things about spending.
Freelancers with above-average income should still think about their spending
A female freelance writer who has made her career dream come true claims that she still thinks about where and how to spend money.
For example, she refuses to buy designer clothes and bags. Instead of that, this lady freelancer has limited her spending on clothes to $2,500 per year. Think about what you actually need and limit your daily, monthly, and yearly spending.
This successful freelancer also doesn’t love to spend a lot of money on flights and uber trips that are less than 3 miles away. Instead, she finds interesting destinations and traveling offers and spends her time and money that way. Because numerous freelancers lead a sedentary lifestyle, it’s highly recommended to walk as much as you can, or to you a bicycle for close destinations.
Freelancers should think about buying their own property, instead of renting
Yes, a freelancing career may be riskier than regular jobs, usually due to fluctuating payments and salaries. Yet, it’s always a good idea to try to buy at least some property, instead of renting. When calculating how much money you would spend by renting an apartment for your entire life, it definitely is better to buy something, even if you’ll pay it off for years or decades – it will become yours in the end.
Night outs can also be expensive
Like many other freelancers, this writer also prefers working in the morning. We are always fresher and ready for work when we wake up. Therefore, this freelance writer also doesn’t waste her money on drinks after 8 p.m. With her amazing advice, everyone can make their own limits and see their budget improve.
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Read the original story from Alexandra Fasulo, a contributor, here.