Net 30, Net 14 or Due on Receipt? Payment Terms for Freelancers
The payment terms on your invoice decide how long you wait for money you've already earned. Here's what each option means, which to choose, and what to do when a client pays late.
#Cash Flow
Articles tagged with Cash Flow.
How to Know What You Can Actually Afford to Spend as a Freelancer
Freelancers make spending decisions based on gut feel because they don't have a simple answer to one question: what can I actually spend right now? Here's how to find that number.
Pending vs Cleared vs Available: How Freelancers Should Think About Money
Most freelancers track what they earned. The ones who feel in control track what's pending, what's cleared, and what's actually available to spend. Here's the difference.
Your Bank Balance Is Not Always Your Safe-to-Spend Number
A bank balance is a snapshot. A safe-to-spend number also considers upcoming bills, pending income, and money already committed.
Your Cash-Flow Calendar Is the Best Way to See What Is Coming
A cash-flow calendar turns scattered income dates and upcoming expenses into a simple view of what your money may look like each day.
Earned, Pending, Cleared: The Payment Stages Freelancers Should Track
Money can be earned without being available. Tracking payment status helps freelancers plan with a more accurate picture of their cash.