According to a survey by the Freelancers Union, more than 70% of freelancers report having a nonpaying client. If you're a freelancer, you know that not being paid damages your bottom line, and can even ruin your career if it happens often enough. But while recovering the funds you're due is possible, it's not necessarily an easy task. Much of the reason some clients don't pay freelancers stems from the nature of the freelancer-client relationship. And understanding the nature of that relationship can go a long way in helping you recover your hard-earned money. Employee vs. … [Read more...]
Lainie Petersen
Why You Still Need Paper Checks and How to Use Them Safely
Until about five years ago, I used to carry my checkbook everywhere. In fact, some of my purses even had a special compartment that provided easy access to my oft-used pad of checks. Nowadays, however, I leave my checkbook at home. In fact, I can't remember the last time I wrote a paper check. This change in consumer behavior is the result of several factors, including the introduction of more convenient payment methods, the growth in online shopping, concerns about fraud and identity theft, and a desire to avoid bounced check fees. For many people, it is faster and simpler to swipe a debit … [Read more...]
What Is Coworking – Pros & Cons, Hidden Costs of Shared Office Space
As telecommuting and freelancing become more common, coworking is turning into a viable alternative to working from home or a traditional office. While there are several advantages to coworking, including increased social interaction, access to conference rooms, and the ability to establish a better work-life balance, sharing office space can be more expensive than you think. If you're considering making the switch to coworking, consider all of the costs before diving in. What Is Coworking? Coworking is an office-sharing arrangement between individuals and (sometimes) small businesses. In … [Read more...]
How to Identify Elder Financial Abuse – Types, Signs & Prevention
It seems that every few months, the media reports a case about an elderly person who was bilked out of his or her savings, investments, or home by an unscrupulous caretaker, family member, or garden-variety con artist. In fact, the American Psychological Association claims that there are at least four million cases of elder abuse and neglect each year, with as many as 23 unreported cases for every case that comes to the attention of the authorities. Preventing and addressing financial elder abuse is a major concern, and one that is only going to grow as the population ages. What Is Elder … [Read more...]
How to Make the Best Use of Online Reviews of Products & Services
If you're planning on buying a computer, dining at a restaurant, or hiring a contractor, you're also probably planning to check out online reviews of the various options beforehand. While this can be a great way of verifying the quality or legitimacy of a product or service, some sites (and the reviews they contain) are better and more accurate than others. It's important to think critically about the reviews you read - don't let your excitement about making a purchase compromise your ability to make good decisions. While it can be difficult to determine the legitimacy of a review or review … [Read more...]
How to Save Money on Hair, Beauty & Nail Salon Services
While many people think of beauty and grooming services as frivolous expenditures, the truth is that your personal appearance can make a huge difference in your finances. When you look and feel attractive, you have more self-confidence, which is something that employers and colleagues alike will pick up on. Still, maintaining a beauty or grooming routine can get pricey, particularly if you regularly make use of several different types of beauty services or patronize high-end salons. Fortunately, there are also several ways to save money on beauty services, including patronizing school … [Read more...]
6 Home Office Organization Ideas & Tips
When you work at home, you are your own office manager. Computer malfunctions, working with utility repairers, and keeping your printer paper stocked is entirely your responsibility. If you work from home, it is essential that you protect your workspace and your business by developing an office management plan. Whether it's sourcing ergonomically correct home office furniture or developing a backup plan in case of computer and Internet malfunctions, good home office management will establish your professionalism and increase your profits. Home Office Management Tips 1. Establish a … [Read more...]
Tips for Moving on a Budget – Guide to Packing & Moving Costs
Back in 2008, I began what was a series of five moves over the coming three years. Three of the moves were local, and two cross-country. During this time, I learned a great deal about relocating - particularly how expensive it can be. I also learned quite a bit about how to save money when changing homes. While many expenses are unavoidable, there are plenty of ways to keep costs down by planning ahead, comparing prices, and rethinking your presumptions about your moving options and expenses. Change Your Address As soon as you know your new mailing address, visit USPS.com to set up mail … [Read more...]
6 Inexpensive, Romantic Valentine’s Day Date Ideas
While you may not want to feel like a cheapskate on Valentine's Day, there are other things to consider - such as sticking to your budget and not adding to personal debt. It's important to make your spouse or partner feel special on this day, but sometimes personal spending limitations can put a damper on the best of intentions. Fortunately, the Internet makes it easy to research inexpensive (and even free) entertainment options in your area, as well as low-cost, high-quality restaurants. With some planning, you should be able to enjoy a memorable evening that won't leave you in the red … [Read more...]
“The New Frugality” by Chris Farrell – Book Review
Difficult economic times are trying for everyone, making a gentle voice welcoming in a media atmosphere of harsh words, finger-pointing, and predictions of doom. Chris Farrell, author of "The New Frugality," is the economics editor and personal finance expert for American Public Media's Marketplace Money. He advocates sustainable, careful financial planning that is also psychologically healthy. Farrell recognizes the importance of interpersonal relationships and personal fulfillment as they relate to the notion of financial health, and his book reflects this. His tone is respectful and … [Read more...]
Second-Hand Shopping: How to Save at Thrift Stores & Consignment Shops
The strategies of extreme couponing, waiting for sales, and shopping at your local dollar store can save you money on products you need. Don't overlook the humble second-hand store as a great way to also save a lot of money on brand name items. Effective thrift store shopping takes time, but you can find beautiful, functional items for your home and wardrobe without breaking the bank. In addition, when you shop at charity thrift stores, you can support worthy organizations that help your less fortunate neighbors. Since I am in the process of losing weight while living on a relatively modest … [Read more...]