Financial planning for freelancers, part 1.

Do not let the glamourous digital nomad influencer types fool you. If you want to become a freelancer and work for yourself, the best thing you can do, right now, is to make a financial plan.

Do not book that ticket to the beach, do not set up that LLC, and do not quit your day job until you have gotten very comfortable with your numbers.

Financial planning is key to staying self-employed, but because it isn’t as fun (and even sometimes scary), it’s neglected.

Now, I can’t promise it’ll be fun, but I can say it helps avoid most of the “wow, did I make a terrible decision in deciding to do this” days.

Passion gives you the courage to launch your business. Planning is what keeps your business going.