Personal Finance Tips for the Freelancer/Self Employed

As a Freelancer/Self employed person, you have to remain on top of your personal finance to keep track of your money. Being your boss means you are in charge of everything, which means there is no one to blame when things go south. Focusing on your craft and ignoring your personal finance would only to money problems. And that is the last thing you need as a small business owner. Which is why you may find this personal finance tips post is useful.


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The law here in the UK states you get yourself registered as soon as you start making money from your craft. So I got myself registered as self-employed when I started making money from my online gigs. I have been registered as a self-employed for over 3 years now, and I have been making a steady income from my business since then. For those who wonder what I do for money, I make money from this blog, my social media platform, and from my book – How to Cash in as a Blogger. I am also a copywriter, social media manager and blogger outreach consultant.

The personal finance tips that have help me as a freelancer and self-employed person are as follows –


Have a separate bank account for your business

Having a separate bank account for your business is the best way to stay on top of all transactions. Running your business from your personal bank account is not the smart way to go as you could easily get confused with your business transactions and personal spending from the same bank account. There are many bank accounts to choose from, one of them being Think Money basic  bank account so it makes sense to go for one of them and keep your business separate from your personal life.


Keep on eye on your money

Once you have a separate bank account, the next thing is to keep an eye on your money. You should keep track of all incomings and outgoings so there are no surprises. Having a spreadsheet where you record all incomings and outgoings helps. I have a simple sheet on Microsoft Excel, and it helps me keep an eye on my money. I update the sheet every month and that way I know where my money goes and how much I bring in every month just by having a quick glance.


Budget for your taxes

As a business, you most likely would have to pay some form of tax. It is best to get this sorted asap, and not wait until the last-minute like some business owners would do. Budgeting for your taxes would also help you pay it up quickly without any problems. I like to get mine books done and my taxes paid up once the tax window opens. That way I know it is done for the year, and I can focus on other things.


Don’t spend all you have in the period of feast

As a Freelancer, you would know all about how unpredictable the freelancing life is. Freelancing is a feast or famine career. We usually earn different amounts of money from month to month, depending on the number of jobs that come our way. So we need to be on top of our budgeting game in order to make it in the famine period. Don’t spend all you have in the period of feast. If you do, you would be stuck with unpaid bills in the famine period.


Are you Freelancer? Do you have any personal finance tips to share? Please sound off in the comments section. Let’s rub minds


Thanks for stopping by.


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Staying happy and fulfilled

Life is filled with ups and downs for all of us. Don’t let anyone fool you. We all have our good days and bad days. But the key to staying happy and fulfilled is to ensure the good days are more than the bad days. We have the key to our happiness. No one can truly make us happy if we are not happy with ourselves. So the key to staying happy and fulfilled starts and ends with us.


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So how do we ensure we stay happy and satisfied with all the craziness in the world. Here are 5 tips that have worked for me. You may find they work for you too.


Keep my circle small

There are a lot of people who want us in their lives for the wrong reasons. I am glad I am able to see through these people and stay far away from them. The last thing anyone needs is to have a toxic person around constantly or be around people who truly do not wish you well for whatever reason. Keeping my circle small means I don’t have to deal with those people. And it works great for my state of mind. Keeping your circle small and tight is one way of staying on top of your happiness.

My circle is so small that it only comprises of family and a few friends. I still relate with different people outside my circle but in a different way. It works great for me.


Follow my passion

My joy keeps me very happy. The fact that I am my own boss and I can do as I please never gets old for me. Following my passion keeps me fulfilled. Working long hours in a. job I have zero interest in would suck away all my happiness. Following your passion and doing a job you love is a great way to stay in control of your life and stay happy.


Listen to good music

Some that know me well in real life know that I am a sucker for good music. I am forever listening to songs on my Spotify. I listen to all sorts of genres, from Rap to pop, from R&B to African Jams. Music is like food to my soul and it feeds me. I would be lost without great music.



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I love travelling. If I had an unlimited budget, I would visit a new country every month. I have been to a couple of countries and I have a long list of countries I want to visit or revisit. I have been to Dubai, Italy, US, Spain, Germany, France, Amsterdam, Ireland and many more. There are still many cities in these countries I would love to explore some more and I am dying to go somewhere new before the year ends. Travel and experiencing how other people live in their world makes me very happy.


Stay grateful and have a positive outlook

Gratitude is everything which is why I always remember to stay grateful. Regardless of what life throws at me, I ensure I stay positive and thankful. Negative energy has no space in my world, which is why there is no room for toxic people in my life. Staying grateful and having a positive outlook helps you attract more good things into your life.

Having a gratitude journal does help. It makes sense to write down 10 things you are grateful for regularly. That way you remember how blesses you are and stay grateful.


I hope you find these tips useful. These are just a few ways I stay happy and fulfilled. I could go on and on with these tips. Exercise, good food and my beauty sleep also help me stay happy. And I am sure you have many ways of staying on top of your happiness. Please feel free to share your own tips in the comments section. And remember to share this post. It may help someone struggling.


Thank you for reading.




Pre School Graduation Photo Canvas Prints

The kiddies had their graduation ceremony and musical performance last week and it was an emotional day. I still remember their very first day at the Pre School and how excited they were to go. That was almost 2 years ago, and the pre school journey has now ended. We are all looking forward to them starting Reception in September, and they are looking forward to finally going to Big School. As they are one of the oldest in their class, they outgrown the pre school stage some months ago, and have been excited to do something new.

We got some lovely photos taken at the graduation ceremony as well as before the big day. A professional photographer was invited to take some photos of the kids in their graduation gowns some weeks ago, and the finished photos were so beautiful. I was eager to get them printed and framed to preserve the memories. So you can imagine my excitement when I got the opportunity to team up with to turn the graduation pictures into photo canvas prints.


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The quality of the Canvas Prints is amazing. I love the finished work. It is great quality and looks amazing on our walls now. And the kiddies love it. I am happy to be able to have these Canvas Prints to remind me of this significant milestone in our lives. If you are a parent, you would understand how important a milestone it is. Having kids graduate from pre school, ready to go off to Reception is no joke. I plan to hold on to these photo canvas for life.


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Discount Code

If you are after stunning Photo Canvas Prints like these or a Photo Blanket, or any sort of Photography product, then you should check out for amazing deals and products. I have a discount code for your shopping pleasure. Feel free to use FASHIONANDSTYLEPOLICE to receive an amazing 5 GBP discount when personalizing your own 60×40 cm format canvas print (making the total price 17 GBP, instead of the original retail price of 49.90 GBP).

In order to get this discount, you will need to upload your chosen photo, select 60×40 cm canvas print format and enter the name FASHIONANDSTYLEPOLICE in the coupon code section. So grab your special photos and get them framed.

What do you think of these Photo Canvas Prints? Please share your thoughts. Have a lovely week.


*Collaborative post.




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