✨Biz tip ✨ Put 25-30% of your revenue every month in a high interest savings account, for taxes. Then, when you go to pay quarterly estimated, you'll already have the amount sitting there plus some interest. This *really* improves mental health when you're #freelancing.
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@jenni_gritters Are there actually high interest savings account these days? The last I looked it was barely bettee than checking 😔
@jenni_gritters I put aside 40%. I can’t imagine doing it any other way.
@jenni_gritters Quick question x.com/jeffocaya/stat…
@jenni_gritters Every time a client pays me I put it into a specific, separate high interest savings account. I don't pay estimates as my income fluctuates too much but I always have the money to send the big bill in Q1.