Comments on: 10 things freelancers can do to save money in a bad economy

By: Michelle Rafter

Michelle Rafter — Fri, 10 Oct 2008 17:28:51 +0000

Margaret: Good points that I hadn’t thought of before.

On SEP-IRAs, I’ve always funded my SEP=IRA, even in years where my freelance income was very small. The tax advantages are too great to pass up.

Michelle R.

By: SEP IRA Guide

SEP IRA Guide — Fri, 10 Oct 2008 16:40:57 +0000

Bravo for mentioning the SEP-IRA. I know too many freelancers who don’t save for retirement. They are not only sacrificing their future retirement, but losing out on a great tax-advantaged opportunity.

By: Margaret Littman

Margaret Littman — Fri, 10 Oct 2008 02:17:15 +0000

But, if WRITERS stop buying books and magazines, how can we expect other people to do so? And if they don’t, how will we make a living?
I want to support my co-workers (i.e. other freelancers) by helping them earn royalties.

By: Joy Matkowski

Joy Matkowski — Thu, 09 Oct 2008 02:49:43 +0000

Keep buying books, but sell your old books online. You can have all the books you want and make a profit.

By: Joanne Mason

Joanne Mason — Wed, 08 Oct 2008 22:41:00 +0000

I completely agree about the library. Some libraries also offer programs like free yoga classes and movies for kids…plenty of great ways to save money.

On cancelling magazine subscriptions – I always thought that you couldn’t cancel midway through your subscription. My aunt, however, tells me that this is not true and that you can get the balance of what you’ve paid reimbursed. I’ve never tried it, but it could be worth a shot!

By: Michelle Rafter

Michelle Rafter — Wed, 08 Oct 2008 22:30:27 +0000

Good point on VoIP – if you use it, it’s good to have some type of back up, such as a cell phone.

MVR

By: jillsommer

jillsommer — Wed, 08 Oct 2008 18:18:34 +0000

I agree with all of your points except the Internet-based phone service. I went without Internet access for 24 hours a week or so ago. Had I not had phone service through AT&T I would not have had a phone to call and complain to Time Warner about it. When the tech support asked me if I had Internet phone service through Time Warner she seemed surprised when I pointed that out. I guess no one ever thinks of that… I experienced the Blackout of ’95. Had I only relied on Internet phone service – or even cell phone service – I would have been out of luck.

I love my public library! I can order a book or DVD online and get an e-mail telling me to come pick it up. I only buy my absolutely favorite authors now.

By: topwebbusinesses » Blog Archive » 10 things freelancers can do to save money in a bad economy

Wed, 08 Oct 2008 17:58:40 +0000

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New on WordCount « WordCount/by Michelle Vranizan Rafter — Wed, 08 Oct 2008 17:38:26 +0000

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