Freelancing has taken the world by storm. Bringing with it flexible work schedules and a healthier work-life balance, it's no surprise that 60 million Americans are doing some form of freelance work. In fact, a Northeastern University study found that 42% of Gen Z want to work for themselves, explaining that they want to chart their own future and have plenty of entrepreneurial … [Read more...]
Should a Money Mindset Matter to Copywriters?
If you spend any time online among entrepreneurs and business owners, you’ll already be familiar with a very popular topic: the “money mindset.” If you don’t, here’s what it refers to in nutshell: Your money mindset is how you think about your finances and about money in general. People with a positive money mindset believe that they can make as much money as they want … [Read more...]
Copywriter Taxes: Save With These Deductions
Taxes aren’t anyone’s favorite task—and we could probably include accountants in that group! But as a copywriting professional who likely takes on some amount of freelance work, you need to take your taxes seriously. Today, we’re going to talk about what kinds of deductions your copywriting career can net you. Before we dig in any further, let us be clear: we are not tax … [Read more...]
The Easiest Way to Track Freelance Income [With Template]
Once you get money coming in from several clients, things can get a little chaotic—to say the least. With multiple clients, multiple projects, and multiple invoices in various states of payment, how do you keep track your freelance income and keep it all straight? If you're seeing ads for invoice tracking software for freelancers, you may feel like this type of software is … [Read more...]
Copywriting Q&A: Planning for Taxes
If you’re moving from on-staff work to freelancing—or even just freelancing on nights and weekends—you’re in for a whole new world of taxation. Here’s what you need to know… Today’s question comes from Meera V., who asks, “Are there any tax implications I should know about when I accept freelance work? Clients don’t withhold taxes, do they?” This is a very astute question. … [Read more...]
The Importance of “Eff You” Money: How to Financially Prepare to Leave a Job
It should go without saying, but let's get this out of the way: expletives aren’t generally appropriate in the workplace. They are, however, sometimes appropriate to use in your head. Directed toward your workplace. Sometimes, you just gotta get out of there. But you need to make sure you can. Now, to be entirely clear and avoid any liability lawsuits, we're not financial … [Read more...]
Copywriting Q&A: How I Lost a Ton of Money (and You Can Too!)
Step right up and learn from the master! When I was first starting out, I made a ton of mistakes and lost out on an awful lot of money. Want to know how? Read on! Today’s question is from Mike F. who asks, “I know you’ve been in the business for a while. Is there anything you really regret doing when you were starting out?” Well, I’ll tell you: There’s nothing that I … [Read more...]
How Soon Can You Make Money as a Copywriter?
One of the most common questions i get from people who are interested in getting into copywriting is, "Great, I'm interested—but when will I start to make money?" It makes sense: we want to know what the earning potential is before we jump headfirst into a new career. So, I’ll answer this question, but, I’m going to presuppose that you’re on an actual copywriting study … [Read more...]