Recent Posts by this Author
Choosing a Credit Card for Your Creative Business - #59
Between travel points, cash back, and other rewards, picking a credit card can be paralyzing. In this article, Kaleigh Moore shares how she chose a credit card for her business and some of the tradeoffs that she considered.Personally, I use the American Express Blue Business Cash Card for my primary business as it offers 1-2% cash back and $0 annual fee.
November 26, 2022
Why the Solo 401(k) is King - #58
Solo 401(k)'s were created so that self-employed workers could access to some of the same retirement benefits that W-2 employees have. While it takes some work to set up, a Solo 401(k) can help you save money on taxes, set aside money for retirement, and invest in more than just stocks & bonds.
November 19, 2022
The Solo 401(k): The Most Flexible Retirement Account for Creators
The Solo 401(k) was designed to give independent workers & freelancers access to the same tax-advantaged retirement account that regular, full-time employees have.
November 18, 2022
How to Make Investing Simple - #57
Investing can be complicated & confusing. As creatives, we have better ways to spend our time than checking stock prices & doing constant research. This article explains how to simplify the investing process and automate most of the work.
November 12, 2022
The 3-Fund Portfolio: A Creative's Key to Investing
Investing doesn't have to be complicated. With a 3-fund portfolio, you can simplify your investing decisions and make it easy to get into the market.
November 11, 2022
My First Year as a Freelancer: Income Breakdown - #56
I started freelancing last year and through my first 12 months of both writing & design, I made $54,666. This article breaks down how I became a freelancer, my first year income, and three things I would've done differently.
November 5, 2022
11 Financial Tools for Self-Employed Creatives - #55
I shared all of the tools that I use to run my freelance design & writing business and included some helpful calculators & resources. A few of my favorites include RocketMoney, Catch, Novo, and an estimated tax calculator.
October 29, 2022
Important Annual Financial Dates in 2023 (for Self-Employed)
I wish the government gave out a financial syllabus for things we need to do throughout the year, so I made one. Here's a non-exhaustive list of important financial dates & tasks for self-employed people in 2023.
October 24, 2022
A Free Money Management System - #54
If you've ever felt overwhelmed or anxious about getting organized & managing money, this was made for you. Each part of the template is custom-designed based on my experience as a financial planner and seeing what works with clients. There's no fluff or unnecessary tools, just actionable prompts & systems to help you manage your money in a less stressful way.
October 22, 2022
11 Essential Financial Tools for Creators & Freelancers
Managing money isn't easy. Technology can help, but it's hard to find the right tools for the job. So I curated a list of all the tools that I use as well as some quality alternatives.
October 21, 2022
5 Places to Open a Roth IRA (and Why) - #53
From choosing a certain type of account to making investment selections, getting started with investing can feel overwhelming. This quick article walks through why a Roth IRA is such a powerful account and 5 different places where you can easily open one.
October 15, 2022
How The Weeknd Built & Stayed True to His Brand - #52
“I don’t want to sign under another artist because I feel I can be just as big or bigger”, he said after turning down a deal with Drake's music label, OVO. By betting on himself and being wildly intentional with his image and output, The Weeknd has created one of the strongest brands in music by sticking true to his values.
October 8, 2022
Inside a Billion Dollar Creator Business - #51
FaZe has gone from a team of gamers to a public company with worldwide recognition and this interview with the brand's Chief Strategy Officer breaks down how they did it.
October 1, 2022
How Much I Made My First Year as a Freelance Writer & Web Designer (Full Breakdown)
Like you, I didn't grow up with dreams of being a freelancer. In fact, I didn't really know what it was until I was already doing it. Freelancing kept me afloat while starting a business and it's led me to meet several amazing people in just a short time. I started back in 2021 and in my first year, I made $33,816. This is a breakdown of the earnings and things I did to increase my chances of success.
October 1, 2022
How Tyler, The Creator Built a Cult-Like Following - #50
After starting his music career in 2007, Tyler's since created a TV show, launched multiple brands, and began hosting Camp Flognaw - a music festival that had 2,000 attendees in its first year. Now, he has multiple hit albums and his festival brings in 50,000+ fans year after year.
September 24, 2022
How 1,000 Creators Would Spend $2,000 - #49
What would you do if you were given $2,000? This article breaks down over 20 different ways that creators would spend the money, including 43% of creators would invest in external help for their business and 10% would hire a virtual assistant.
September 17, 2022
How to accept payment on the internet - #48
There are few questions more powerful than this one because making money online will genuinely change your life, if you let it. Rather than working your whole career trading time for money, you can leverage the scale and power of the internet. You could have a product listed on your website and someone from another country can buy it at 3:00am while you're in bed dreaming about your next creative endeavor.
September 10, 2022
My Favorite Cash Back Credit Cards - #47
I like to stick with one or two well-rounded cards, take advantage of their benefits, and not worry about them. My time and mental energy is better spent trying to earn more money than searching for an extra 2% back on $1,000 of spending. I'd assume that's true for yourself too.
September 3, 2022
4 Reasons Freelancers Should Apply for an EIN (Employer Identification Number)
You don’t need an EIN to keep doing what you’re doing, but it can provide a few advantages. It’s easy to do, it’s all online, there genuinely isn’t a downside to doing it. It’s free and if you don’t use it, it’s okay. The IRS won’t hunt you down.
September 1, 2022
How to be More "Referrable" as a Freelancer - #46
I started my freelance career in April 2021 and since then, I've made over $50,000 and worked with 15 amazing clients. Out of all of them, I've only sent two outreach messages and they were for my first two clients (and they were both twitter DMs). This article breaks down 7 different things you can do to increase the chance of getting clients without having to do any outreach.
August 27, 2022
Creator Horror Stories with Brands - #45
Welcome to The Loaf - a weekly newsletter that makes money & business more approachable for creators & freelancers
August 20, 2022
How to Be More Referrable (as a Freelancer)
Getting referrals may feel like an insurmountable task, but I promise that doing good work and implementing a few things mentioned in this article will drastically increase your odds of past clients referring new business.
August 19, 2022
The Problem with YouTube Success - #44
In this 10-minute video, Kevin Espiritu breaks down the traditional YouTube monetization model (and its issues) while showing how you can avoid falling victim to an unsustainable strategy.
August 13, 2022
How to Build a Die Hard Fanbase as a Creator - #43
Everybody wants a loyal audience. Imagine being able to release a product or service and it sells out immediately. This article is focused on music artists, but the concepts can be applied to almost any creative career.
August 6, 2022
A Case Study of How Joe Rogan Makes Money - #42
Joe started his podcast in 2009, long before they were a societal norm, and earned his first dollar through a Sirius XM ad deal. He's since made more than $100 million through his podcast, brand deals, and brand reputation.
July 30, 2022
How to 5x Your Hourly Rates - #41
If you plan to be a career creator, you have to figure out your monetization strategy. Whether you want to sell products, offer services, sign brand deals, teach, or build a community, there's a way to make money doing so.
July 23, 2022
How to Write Better Original Content
My number one tip for writing better original content is using personal stories. For example, I wrote the "tax write-off" article above. Nobody else has your story and your experiences. Leverage them.
July 16, 2022
How to Leverage SEO as a Creator
I started putting some effort into my website and written content last year and just this last month, without doing anything, my site received 20,000 impressions on Google. The Creatorbread blog got 13,300 and I just launched the website last September.
July 9, 2022
Full-Time Freelancing w/ Tammy Danan
Tammy's been writing for Creatorbread for the past several months and has written a majority of our freelance articles. She's an empathetic writer and brings unique, real-life perspectives to her content.
July 3, 2022
If I have a job and freelance on the side, how is that taxed?
First things first: any income you earn from freelance work needs to be reported when you file your taxes. If you make more than $600 from a single client, they should give you a 1099 form. This will show how much they paid you so that you can file accordingly.
July 2, 2022
How to overcome financial anxiety as a creative
Speaking from experience, financial anxiety is a difficult thing to manage. Some examples from the piece include worrying too much about whether or not you’ll make enough money next month, worrying that you’re spending too much, constant fear that you won’t be able to pay monthly responsibilities like mortgage, and flat out avoiding the numbers
July 2, 2022
Investing in Yourself (and Your Creator Business) w/ Alex Llull
If you spend time on Twitter, you might recognize Alex from his well-branded yellow visuals. He's built an incredible following over the past year and has turned the journey into a career. Grateful for the opportunity to share some of his insights.
June 26, 2022
An Easy Way to Save Money on Taxes
With an HSA, you can write off the amount of money you contribute, invest it and let it grow tax-free, and then pay for qualified medical expenses completely tax-free as well.It's an amazing, wildly underutilized account and if you qualify, there aren't any accounts that give the same tax benefits that an HSA does.
June 25, 2022
How to Save Money on Taxes with an HSA (Health Savings Account)
To save money on medical expenses when you're self-employed, a Health Savings account gives you a triple tax advantage. You can write-off contributions and lower your taxable income, you can invest the money and let it grow tax-free and then, when you use the money on qualified medical expenses, you can withdraw it tax-free as well.
June 25, 2022
Managing Money & Freelancing w/ Liz Froment
Liz Froment is a freelance writer that specializes in personal finance, retirement, and insurance. View her work at lizfroment.com.
June 20, 2022
Are a CPA and bookkeeper the same thing?
Many bookkeepers are also CPAs or EAs, but there isn't a specific license to become a bookkeeper. This means you need to do some research and due diligence before choosing one. For me, I would look for an EA that has experience with my style of business & provides the services I'm looking for, get a feel for how they communicate, ask other business owners for recommendations, and go with whoever feels like the best fit after meeting with them.
June 19, 2022
Tips for running a membership business during an economic downturn
+ 15 writing tips from a professional editor
June 18, 2022
Should I have life insurance?
If you have a family and/or people depend on you financially, it might make sense to get life insurance sooner rather than later - especially if you're in good health and can get a lower rate when you're younger.
June 14, 2022
Is the internet a "tax-free" zone?
As a general rule of thumb, if you receive any sort of income, it has to be reported when you file taxes. Failure to do so can result in penalties, fines, and sometimes even jail time.. If you don't give YouTube your tax info, they will typically withhold 24% of your earnings.
June 12, 2022
How to ask for payment politely (+ an easy email you can copy)
+ How to make career decisions as a creative
June 12, 2022
18 Simple Tips, Tricks, and Misconceptions About Money
Nathan Barry is the founder of ConvertKit and has had firsthand experience in managing money as a creative business owner. A few takeaways: Use active income to buy passive income, automate your finances, donate appreciated stock, once you get paid immediately save and invest before spending
June 4, 2022
How to Manage Money (and Your Creative Business) During a Recession
We haven't seen a real recession since the creator economy took off, minus the minor blip in March 2020, so it's going to be interesting to see how a tighter economy affects us as a whole. But economic conditions are outside of our control, and there are a few tactical things you can do to put yourself in a position to thrive.
May 28, 2022
Better Money Habits to Become Financially Free
We haven't seen a real recession since the creator economy took off, minus the minor blip in March 2020, so it's going to be interesting to see how a tighter economy affects us as a whole. But economic conditions are outside of our control, and there are a few tactical things you can do to put yourself in a position to thrive
May 28, 2022
How to Fund a Creative Business
By taking the time to think about what you need the money for and how it's going to be used, you can narrow down your options and choose a strategy that makes sense for you and your situation.
May 21, 2022
How to Negotiate as a Creative
A hidden gem in Tim Ferriss' podcast library, this interview from 2016 with Ramit Sethi talks through some of the biggest factors that play into creative business success - including how to sell yourself and how negotiate to get what you want.
May 21, 2022
7 Creators with Strong Personal Brands
A personal brand is the new resumé - or so they say. Speaking from experience, I can confidently say that building a personal brand is one of the best uses of your time as a creator. To piggyback off the brand article above, these are a few creators I follow who've built strong, recognizable personal brands.
May 18, 2022
How Christian Guzman Built a Fitness, Fashion, & Retail Empire
Because of the attention he's created around himself and the community he's built, he's had no problem with support behind product launches and new business ventures - which reinforces the impact creators have and shows how content can be used as a tool to build businesses (aside from traditional content marketing).
May 18, 2022
17 Important Tax Deductions for Freelancers
Tax deductions & write-offs for freelancers can be used to lower taxable income and ultimately, allow you to keep more money in your pocket. These are 17 easy ways that freelancers can pay less in taxes.
May 18, 2022
How Creators Can Build Their Own Beverage Brand
Because of the business & product model, a creator wouldn't have to figure out production, packaging, and delivery. They could focus on the two things that would drive sales: building an authentic brand tied to their creations and growing their engaged audience.
May 18, 2022
Top Takeaways from ConvertKit 2022 State of the Creator Economy Report
ConvertKit just released their 2022 State of the Creator Economy report. They surveyed over 2,500 creators to get their insights on how they run their business, how they make money, and more. These are my top 7 takeaways.
May 16, 2022
5 Keys to a Successful Creative Career
Being creative and making money from your creations are two completely separate things. In this article, Josh Spector walks through a few necessities to turn your creative energy into a sustainable career.
May 15, 2022
7-Step Process for Viral YouTube Ideas
"Too many people make the mistake of chasing viral videos and neglecting their existing audience. Your viral videos need to be still interesting to your regular viewers."
May 7, 2022
How to Stop Worrying About Money
This article walks through a few mindset shifts needed to alter your relationship with money. Ramit Sethi is the author of I Will Teach You to be Rich and meets with people all over the world to talk about their views and beliefs around money. A few takeaways from the article include: know that you can trust yourself, know that you can create more money, stop being afraid of waste, and play offense, not defense
April 23, 2022
Sara Dietschy: Serendipity and Increasing Your Luck Surface Area
She was still creating videos on her own YouTube channel and between interviews, she made the video that changed everything - "How to vlog like Casey Neistat". The video caught Casey's attention, he shouted it out within one of his own videos, and Sara's channel skyrocketed from 4,000 to 100,000 almost overnight.
April 17, 2022
21 Rules for Creating Better Content
This thread from Writing to Riches is full of short friendly reminders for creating content - a few of my favorites. If you really want to be a creator, stay consistent for at least a year before you even consider giving up. Maybe it won’t end up being for you, but it’s worth finding out. Give yourself a chance
April 16, 2022
The Money Behind Drink Brands (And How You Can Create One)
Aside from nostalgia, drink companies can be highly profitable. The industry as a whole is expected to reach $899 billion in 2022 and is expected to grow ~5% annually through 2026. With 8 billion people existing on earth and everyone needing some sort of hydration, there's an obvious demand for drinks. In America, we're lucky enough to have a wide variety of choices and where there's demand, there are business opportunities. Some creators have taken notice and launched their own beverage brands and experienced massive success.
April 11, 2022
The Planning Effect: How to Create Clarity & Increase Your Chances of Success
The ultimate goal of planning is to create clarity that allows you to be confident in the next steps so that you can begin taking action. Planning will force you to ask yourself questions that you may not have thought about before, and those answers will influence how you approach the next steps.
April 3, 2022
How to Save Money on Self-Employed Taxes
I had the opportunity to chat with Myriam Robinson from Morning Brew about what freelancers and self-employed people need to know about taxes. They're confusing, but you need to know how to effectively manage & reduce them or you're leaving money on the table. A few highlights: track income & expenses with an accounting software, review expenses weekly, choose the appropriate business entity, and ensure you're receiving the correct tax forms from clients
April 2, 2022
Why Creators Need to Focus on Cash Flow
Cash flow is simply the money that comes in and out of your account every month. By focusing on your cash flow, you can have an accurate view of your monthly income, monthly expenses, tax payments, and more.
April 1, 2022
How to Recognize (And Manage) Burnout as a Creator
But the thing about creator burnout is that it isn't a permanent state of mind, and it's not a direct reflection on you as a creative. It's something that everyone experiences and needs to learn how to manage. Colin & Samir define creator burnout as "creative output without direction".
April 1, 2022
Why You Shouldn't Start a Business
When the time comes, the decision between staying solo and maintaining the "hobby" feel or taking a business-minded approach will be challenging. Starting a business can be a huge responsibility and you may find out that you enjoy the comfort of creating on the side while maintaining a stable job.
March 27, 2022