Tip for today: the number one question to ask yourself when you’re thinking about whether or not to accept a given rate is, Does this rate meet my financial goals? I get a lot of questions from freelancers, asking things such as:-“Is X cents a word too little to charge?”-“Should I offer volume discounts to […]
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The joys and sorrows of electronic payments
The state of electronic payments in the US If you live in a country with an actual modern banking system (not the US!), this article will be utterly useless to you, and your country is to be congratulated on that fact! If you live in the US and are a freelancer who likes to take […]
Continue ReadingAre pandemic discounts a good idea?
The pandemic is doing odd things to people’s freelance businesses: something I’ve discussed in a pandemic roundtable podcast, and a blog post. About all that can be said is that some things are up and others are down. I’ve heard from multiple freelancers (translators and interpreters) who’ve never been busier, and from others who are […]
Continue ReadingWhat’s the best way to have clients pay you?
Here’s a question from a reader: What’s the best way to have clients in my own country or in other countries pay me? I’m in the US, and checks seem slow but electronic payments seem expensive? How can I handle this? What’s the best way to receive money from clients, especially if you live in […]
Continue ReadingA recession may be coming: how can you prepare?
Watch your back for a recession I’m not an economist (far from it!), but it’s hard to miss the rumblings in the financial press that the US (or even the world) economy may be headed for a recession. After a 10-year bull market, we’re in a bit of a “what goes up must come down” […]
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