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I started putting 5% of every freelance check into a separate 'tax' account and it saved me from a huge panic last quarter.

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3 Comments
seanjackson
Smart move! I just stash 30% right off the top, otherwise I'd blow it all.
3
matthew166
matthew1661mo ago
Yeah, that's the only way it works for me too. If I see the money sitting in my main account, it feels like spending cash. Moving it out right away makes it real savings. I started doing that years ago and it completely changed my ability to actually keep money aside.
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leodavis
leodavis1mo ago
But moving it out makes me forget I saved at all.
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