Due
life of a programmer

Life insurance is an important part of your financial life if you support a family. Primary income earners, caretaking spouses, and other household contributors need life insurance to protect their family from an unexpected loss of income in most cases. Unless you have enough money saved to self-insure, you need life insurance. Follow along with […]

money habits

Americans are stressed out about money. The statistics about Americans and money aren’t great in most cases; in 2015, 76% of CFP’s said that their clients number one financial stressors was healthcare costs. A 2016 survey of Baby Boomers revealed that 60% fear running out of money in retirement. And 30% of adults in the […]

Bad Debt Tax Deduction

Most entrepreneurs expect to be financially strapped, at least in some way. They’ve watched “Shark Tank” just like the rest of us. But what they don’t always consider is the added weight of personal financial demands and debt. Just how much debt is lurking behind our credit reports? One WalletHub study found that the average […]

Business Finance Numbers

For companies and entrepreneurs in need of capital, invoice financing can offer an ideal solution to your problems. It’s lower risk and more flexible than many of its borrowing alternatives, which is why it’s becoming an increasingly popular funding avenue for companies. However, many people remain unaware of its existence. They’re entirely unfamiliar with the […]

read books

Have you ever read any finance books? No matter who you are or where you are in life, learning more about money is always a good move. There’s a lot going on in the financial world. Learning about making more money or investing is always a worthwhile pursuit. Financial education is something that will serve […]

healthy living habits

HSA accounts, short for health savings accounts, are a type of tax-advantaged savings account used to save money on medical costs. If you have a qualifying high-deductible health plan (HDHP), you can sign up for an HSA account and contribute to save big on your taxes. If you don’t know what HSA accounts are or how […]

how much taxes

In the world of finance, there is always a debate about whether or not you should DIY your taxes. And as with all things finance, the answer is always “It depends.” (I know, don’t you hate that?) I can tell you that I have not done my own taxes in years. However, I did DIY […]

Automate Your Finances

Entrepreneurship is a demanding gig. About 19 percent of business owners work more than 60 hours per week. Also, 82 percent work more than the standard 40 hours a week. On top of other responsibilities, including eating, sleeping, and spending time with the family, there’s not much time to manage your personal finances. However, every […]

Money Tips

We all love money, well - maybe not love - but we like it a lot, even if we don't want to admit it out loud. The fact is, we need money to survive in this world, and that same money allows us to have things we need and want. Money can even grease the wheels of many situations. With money comes relief that you know the bills will be covered, convenience that you can get more things done, clout to help you gain a more successful position in work and life, and even influence to get others to do what you need and want. Money is powerful. The thought of getting money is often what motivates us to work because when that project is done, there's a financial reward on its way.

Despite all of us loving and needing money, the fact is that money is not always as easy to get as we would wish. For some, when they get their hands on money, it immediately burns a hole in their pocket. As a freelancer and business owner, you most likely focus on money on a daily basis because so many decisions relate to it. These decisions involve how to get more money from clients and projects as well as how much to spend your funds on marketing to get those clients and projects. Other money decisions are about the many places it needs to be sent and whether the costs can be reduced in any way so as to save some of that cash. Then, there are decisions about how much money to pay any support staff or outsourced talent as well as how much money to reinvest in the business or put toward retirement.

Every one of these decisions about money impacts your bottom line. The bottom line can put a lot of pressure on a business owner because you don't want your lack of knowledge about money to be a reason that could lead to failure. Instead, it makes sense to spend the time learning about how to be smart with money and use it to your advantage. That's why we created a Money Tips category on our blog.

In this category, you will be able to find a diverse range of money tips that you can apply to your freelance or small business as well as your personal life, building money management skills and expanding your knowledge about how money can -- and should -- be used effectively. Here are some of the main subjects covered under the Money Tips category:

  • How to double your income and find more clients and projects.
  • Why it's important to create income diversity.
  • How to leverage business debt and how to get out of debt.
  • Tax breaks and deductions that a small business owner can take.
  • Ways to budget on a variable income and how to create and stick to a budget.
  • Methods for ensuring financial compliance in your business and the impact of credit scores on your business.
  • How to improve cash flow and address clients that have not paid on time.
  • Ways to source more capital and spend your funding effectively.
  • How to find a good accountant.
  • How to fund a retirement account and ways to save more money.
  • How to get a month ahead on bills and deal with unexpected setbacks.

These subjects and more are now available in our blog library. Let us know what other money tips you would like to have included on the Due blog!

Start Getting Paid Today
Due allows you to send money and get paid instantly.
Try Due for free

Pin It on Pinterest