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Chasing clients for late payments can get uncomfortable. It can also have a huge impact on freelancers' cash flow, as freelancers work from project to project.
Some tips can help to ensure getting paid faster without engaging in awkward conversations with your clients.
Refine your current budget and create attainable goals
Identify at least two areas that you would like to work on within your current budget and decide whether you want to decrease your expenses or place an additional budget for it.
By evaluating how much you've spent on a certain matter and identifying the 'new' number you'd like to establish, you're one step closer to attaining your goal. Remember that your goals aren't impossible, but there has to be a fresh approach adopted to see them through.
Popular career advice suggests you can increase your salary by doing better in your performance review or by getting more education from a university.
However, this advice is out of date. Doubling your salary or at least increasing is about breaking the norm and trying things that are more radical.
Studying money has nothing to do with being rich and famous. It has more to do with psychology.
Stock markets trade on sentiment. Humans buy assets and sell them too. You’ll be terrible with money if you don’t understand your own psychology. My psychology works best when I aim for the long term and take away most of the decision-making ability.
Learn about psychology and you can master your mind when it comes to money and the right strategy for you.
Saving your money is stupid. Inflation will eat away at your money. You make money when you invest what you have in real assets.
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