If you want to confront your relationship with money, start a business. Have you heard this saying before? I couldn’t agree with it more. Nothing makes you get up close and personal with your finances than running your own business. 

In this episode of The Modern Editor, we’re continuing our series on self-care, but this time we’re talking all things money. 

I think it’s safe to assume that most of us didn’t learn about money the way we should’ve and likely have complicated relationships with our finances. We’re diving into how our upbringing affects our relationship with money, how to improve our money mindset, and I’m giving you practical tips on how to run your freelance business as financially effective as possible. 

Important Sections:

• (2:45) The Systemic and Political Issues Involved in Owning a Business
• (4:23) How to Improve Your Money Mindset
• (8:09) Money Tips For Freelancers 
• (16:15) Take Your Business Finances Seriously
• (18:00) How Often Should You Change Your Rates?
• (19:52) It’s Okay to Seek Financial Aid
• (20:48) Buy Back Your Time
• (21:52) Three Money Mantras

Resources Mentioned:

• Keeping Finances Personal by Ellyce Fulmore
• Moving Beyond Broke by Dasha Kennedy
• Get Good With Money by Tiffany Aliche
• I Will Teach You to Be Rich by Ramit Sethi
• We Should All Be Millionaires by Rachel Rodgers
• Editorial Freelancers Association
• YNAB
• Quickbooks
• IRS website

Work with Me:

• Grab the Editing Contract Template
• Join the Freelance Editors Club