THE SUNLIGHT TAX BLOG:
Tax and Money Education for Creative People, Freelancers and Solopreneurs
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The Mental Load of Financial Fear
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The Mental Load of Financial Fear
Are you feeling judgement or fear when it comes to your taxes and finances?
Today, I’m talking about the mental load of financial fear and the anxiety you might have surrounding your taxes or retirement as a creative entrepreneur. I’m also sharing why it’s so important to our creative practice to break through those fears so you can increase your impact in this world.
Join me to learn more about how you can move past any disorganization and fearful thoughts you have about money and become more organized and financially secure.
Are you feeling judgement or fear when it comes to your taxes and finances?
Today, I’m talking about the mental load of financial fear and the anxiety you might have surrounding your taxes or retirement as a creative entrepreneur. I’m also sharing why it’s so important to our creative practice to break through those fears so you can increase your impact in this world.
Join me to learn more about how you can move past any disorganization and fearful thoughts you have about money and become more organized and financially secure.
Also mentioned in today’s episode:
The fear of judgement 4:10
The mental load of feeling stressed and disorganized 8:45
How tax planning and taking charge of your finances would change your life 10:55
If you enjoyed this episode, please rate, review and share it!
Links:
To sign up for the free live class, Understand Your Taxes and Make Money, register here: https://go.sunlighttax.com/free
10 Reasons Self-Employed People Get Stuck with Money, and How to Fix It
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10 Reasons Self-Employed People Get Stuck with Money, and How to Fix It
Today, I’m sharing my thoughts about why it’s so hard for creative entrepreneurs and ethically aligned people to get well-served when it comes to money.
Join me in this episode as I go over the 10 main points and the solutions on how creative and mission-driven people can stop having a bad relationship with money and grow their wealth.
LISTEN & SUBSCRIBE HERE
Today, I’m sharing my thoughts about why it’s so hard for creative entrepreneurs and ethically aligned people to get well-served when it comes to money.
Join me in this episode as I go over the 10 main points and the solutions on how creative and mission-driven people can stop having a bad relationship with money and grow their wealth.
Also mentioned in today’s episode:
Why is it so difficult for us to get on top of our money
Mission-driven people and why they can get into a bad relationship with money
The difference between having tax knowledge vs bookkeeping knowledge
The 3 part system you need to grow your money
How its possible for you to have a modest income and big stash of money
If you enjoyed this episode, please rate, review and share it!
Links:
https://www.sunlighttax.com/deductionsguide
Perfectionism as a Creative Entrepreneur
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Perfectionism will Kill You
Most creative people are motivated to make incredible work. We might even strive for perfection.
In this episode, I’m talking about how perfectionism is actually holding you back as a creative entrepreneur. I share a vulnerable story about my own perfectionism, talk openly about real fears you may be having, and some actionable ways you can get past them, and get the most out of your money and keep moving forward. I’m also sharing how the topic of perfectionism relates specifically to the IRS (guess what? The IRS doesn’t ask you to be perfect!), to your estimated quarterly taxes, and why you should stop worrying about being perfect when it comes to your taxes.
Listen & subscribe on your favorite platform
Most creative people are motivated to make incredible work. We might even strive for perfection.
In this episode, I’m talking about how perfectionism is actually holding you back as a creative entrepreneur. I share a vulnerable story about my own perfectionism, talk openly about real fears you may be having, and some actionable ways you can get past them, and get the most out of your money and keep moving forward. I’m also sharing how the topic of perfectionism relates specifically to the IRS (guess what? The IRS doesn’t ask you to be perfect!), to your estimated quarterly taxes, and why you should stop worrying about being perfect when it comes to your taxes.
Also mentioned in today’s episode:
Understanding the balance between doing good work and
How a desire to good do work relates to perfectionism in the art world
My personal story of perfectionism
Why you should stop trying to be perfect when it comes to your taxes
How perfectionism will mess up your estimated quarterly taxes
What the IRS really cares about
If you enjoyed this episode, please rate, review and share it.
Links:
Proof You're Doing Fine: Break Even Point
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Proof You're Doing Fine: Break Even Point
I often see creative entrepreneurs struggling with mindset issues when it comes to the idea of being an official business owner and not knowing when to file their Schedule C.
Today, I explain why it’s important to know when the IRS recognizes your business as official, the self-employment tax deductions you can take advantage of once you start your business and what the breakeven point is when you’re an entrepreneur.
LISTEN & SUBSCRIBE HERE
I often see creative entrepreneurs struggling with mindset issues when it comes to the idea of being an official business owner and not knowing when to file their Schedule C.
Today, I explain why it’s important to know when the IRS recognizes your business as official, the self-employment tax deductions you can take advantage of once you start your business and what the breakeven point is when you’re an entrepreneur.
Also mentioned in today’s episode:
Why the first year in business is a very tax advantaged year 2:50
How to know when your business has officially started according to the IRS 4:18
When to file your first Schedule C 7:05
Normalizing the idea of spending money before earning a profit as a sole proprietor 10:44
The economic and business idea of a breakeven point 14:56
Income tax and how the IRS defines a business and the importance of profit motive 19:28
If you enjoyed this episode, please rate, review and share it!
Links:
What are your money concerns?
Suggest a blog topic for Hannah here.