Freelancer money: tax pots and irregular income
A $4,000 month, then a $900 month. How do you budget that?
The simple version
1. Move a set share of every payment (often 20–30%) into a separate tax pot. 2. Pay yourself a steady 'salary' from a business account, based on a lean month. 3. Keep a bigger buffer — 3 to 6 months of costs — because income can stop without warning.
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