Budgeting Tips for Self Employed
Adjust Your Income and Expense
Income is very volatile when you are a self employed. By adjusting your expenses your money is diverted towards a planning effort. You need to keep aside some funds for your regular expense and your operating cost. And expenses tend to grow out of control when you are not focused on them. By entering the world of the self-employed you are entering the world of estimated tax payments. So make sure you are putting aside money to pay your estimated taxes every quarter.
