This post is sponsored by Paysafe. All opinions are mine alone. Thank you for supporting the brands that support Burke Does.
If you’re not happy with your budget, there are two things you can do: reduce your expenses or increase your income. The most powerful personal finance changes, though, come from doing both! I have dipped my toes into freelancing as a way to start making more money and here are some tips to help make it easier for you too.
Use a Project Management Tool
Sticky notes and day planners go a long way when staying organized, but project management can tools take you the extra mile by allowing you to expertly organize specific projects that you are working on. You might be getting by without them because signing up sounds like just another bullet to add to your never-ending “To Do” list, but by using a project management tool you will significantly decrease the items that you are adding to your sticky notes each day. Plus, the tools give you easy access online to check progress even when you are out and about!
There are likely multiple projects going on within both your work and personal life. It is tremendously valuable to have the ability to record all of these projects in one place. You also have easy access to update them with notes, documents, deadlines, and progress. With all of your important information in one place, you make it easier to include other people in your work with less miscommunication. You are able to share tasks with coworkers and check on their progress throughout their projects, or just keep track of your own progress. By efficiently organizing all of your work, you will be able to accomplish more in your life with less stress.
Outsource Things You Don’t Know How to Do
It is easy to feel like you have to complete everything on your “To Do” list yourself as a Freelancer. After all, you are your own boss and created the list in the first place. This pressure leads down a long road filled with learning how to do things you don’t know how to do, practicing those tasks, and then completing your project with your newly learned skills. However, you are spending your valuable time learning how to do a task that, chances are, someone skilled in that particular field could do both better and faster.
Consider outsourcing those things that you do not know how to do. Paying other people to do certain tasks for you can be a very intelligent financial decision. Remember, your time is valuable. The extra time you gain can be spent building your career, rather than doing mundane tasks that you can easily assign to another person.
Make Collecting Payments a Breeze with Paysafe
As a freelancer, you are constantly having to share your credit card and banking information while collecting payments, paying other people directly, and buying products on the Internet. While many sites claim to be secure, why not make it easy on yourself and register with Paysafe. This helpful site can keep your banking information safe and your personal information private. They also will make your life a lot simpler by keeping all of your payment information located in one place.
Paysafe is a breeze to set up. You make an account that allows you to both receive money and send money payments out, rather than directly using a bank account or credit card. As a Freelancer, this site will benefit you greatly. It allows you the flexibility to choose what best fits your needs, including customizable risk and fraud tools and the ability to process transactions in multiple countries. You can also get a Paysafe card that works as a prepaid credit card. For those freelancers who have employees beneath them or who are delegating work out (finally!), Paysafe can also provide options for distributing pay out to others.