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Small Business

Understand Your Finances, Managing Your Business

In the gig economy? Here's what you need to know about managing your money

Learn the basics and gain the confidence to manage your money.

No one's sure of the exact size and scope of the US gig economy, but one thing is clear: Millions of workers earn some portion of their income from informal jobs and side hustles. And, if you're one of them, you've probably got a few questions about your unique financial challenges.

We've got answers to help you handle your taxes, qualify for a mortgage or just take a vacation:

Why you should have a side hustle—and how to get one

Want to add a side hustle to your workload? First, get a basic understanding of the task at hand. Here are a few tips for finding a few extra gigs and fitting them into your busy life.

Focus on freelancing

Turning your part-time gig into a full-time job can be a complicated process. Here are some tips to get you started on the road to becoming your own boss.

Turn your idea into a startup

When you're trying to get your business off the ground, it's good to have a supportive community that you can turn to for help. This woman turned a good idea into a great 9-to-5 by reaching out to friends, family and fellow local business owners.

Here's how one freelancer took control of her budget

It can be weeks—or months!—between when you do contract work and when you get paid for it, but your bills don't wait. Here's how one woman normalized her finances, laying the path for long-term freelancing stability.

The art of getting paid and getting away

When you're the boss of your own small business, you fret about stepping away because there's always more to do. Check out how one entrepreneur combined his desires to build a business and see the world.

How to get a mortgage without a corporate paycheck

Even after you've figured out how to build a regular paycheck, you still have to show lenders that you've got it all together. These tips can help you move into the homeownership club.

Using social media to build your brand

Your social media presence can be your advertisement, resume and calling card all in one. Here are a few tips for making sure that your feed draws the customers in—instead of driving them away.

Saving for retirement when you're freelancing

When you're building your freelancing business, retirement may be your last concern. But these tips can help you lay the groundwork for stepping away when the time is right.

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