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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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For example, if your tax bill on your freelancing income was $8,000, add an extra cushion based on what you think you’ll be earning above that amount this year. For this example, let’s use $2,000. Don’t let the magic of compound interest pass you by, even if you can only manage to set aside a little bit for retirement every month.

Filing 278
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A Veteran of the Digital Nomad Community Offers Her Best Tips for the Location-Independent Lifestyle

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Krystal Pino is a certified public accountant and personal financial specialist with a bachelor’s degree in accounting and an MBA in finance from the University of Alabama at Birmingham. I had the chance to travel the world while working , which I didn’t realize was possible. Five years later and I’m still going—this is my life.

Lifestyle 264
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Beyond The Stereotype: Who Are Digital Nomads, Really?

Allwork

What age are they, what work do they do, and how much do they actually travel? . For example, many people assume that they’re 20-something freelancers who backpack around the world. . What age are they, what work do they do, and how much do they actually travel? . Who are digital nomads? So, who are digital nomads, really?

Lifestyle 246
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Preparing to Move Overseas? Read This First

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Have you decided to live the #beachlife or the #retired life or just the #offgridlife? As soon as you move abroad , you’re in charge of paying for your medical expenses, as your United States health insurance won’t let you submit any assertions, says Elena Jones, a personal finance expert at FinanceJar. Health care. Getting a visa.

Medical 264
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How to Find Your Money ‘Why’

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Becoming more concretely aware of cultural, familial and personal values might thus be an important key to better personal finance. For example, a fuel-efficient car seems like a truly environmental choice; however, it’s not as environmental as simply not buying something. Maybe over your lifetime you were an intrepid traveler.

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7 Money Mistakes You’re Making in Your 20s

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Some offer reward programs like cash back, grocery points or travel discounts that can be very worthwhile. Credit card interest rates can be incredibly high, and not paying off your balance every month can start a downward spiral into crippling consumer debt that destroys your finances.

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Non-Mortgage Debt and Working in Retirement

Small Business Labs

Manufacturing » July 01, 2010 Non-Mortgage Debt and Working in Retirement The US News article The Number One Obstacle to Retirement points out that non-mortgage debt is a significant problem for many Americans.    According to the article, debt payments are interfering with retirement savings for 63% of Americans.