Financial Planning for Freelancers & Self-Employed in Singapore
In freelancing, you may be the boss, but you’re also the employee. You are the one owning and running your business. So, whether it is marketing or accounting, you are required to get the work done. Many freelancers and self-employed individuals have a hard time managing their personal finances and expenses. There are also a lot of things to take note of when planning for your retirement as there is more work needed on your part as a freelancer. If you’re thinking of doing financial planning as a freelancer or self-employed individual in Singapore, we’ve written this guide to help you with money management and retirement planning. Healthy Cash Flow Management A steady flow of cash is vital for any business to grow. But for the business to stay afloat and thrive, you must know how to manage your cash. Learning how to manage cash flow becomes even more crucial as a freelancer as you don’t have a finance team keeping your finances in check. So, here are a few tips to keep your cas