Financial Tips for Creatives: Why They’re Crucial

Financial tips for creatives are essential, and it’s about time we dive deep into why they can be a game-changer for your creative business. In my recent podcast episode with Perry Nunes from Found, we explored how the right financial tools and strategies are critical for anyone in the creative field. From simplifying bookkeeping to streamlining tax preparation, Found provides solutions that cater specifically to the needs of freelancers and entrepreneurs. Understanding and implementing these tips can not only ease your financial management but also enhance your creative freedom.

Automating Your Financial Health Checks

One of the most impactful financial tips for creatives is to automate your financial health checks. During the podcast, Perry demonstrated how Found’s dashboard gives you real-time insights into your financial status, making it easier to monitor cash flow and track expenses accurately. This automation helps creatives focus more on their art rather than their accounts. With tools like these, you can see at a glance where your finances stand at any moment, helping you make informed decisions quickly.

Simplifying Tax Preparation

Tax season doesn’t need to be a source of stress if you employ the right strategies. Found’s ‘Taxes’ pocket feature automatically sets aside a portion of your income for taxes, which Perry highlighted as a crucial tool for freelancers. This functionality not only prepares you for tax deadlines without surprises but also ensures that you are always ready for quarterly tax payments. Implementing such financial tips for creatives in your workflow can drastically reduce the time and effort spent on tax preparation.

Streamlining Payments and Invoicing

Another vital aspect we discussed was how Found simplifies invoicing and payments, a common headache for many creatives. The platform allows you to manage all your client payments seamlessly, integrating invoicing directly with your financial accounts. This means less time chasing payments and more time creating. Perry explained that this integration helps maintain a steady cash flow, which is the backbone of any successful freelance business.

Empowering Through Education

Lastly, adopting these financial tips for creatives isn’t just about using new tools; it’s about changing your approach to business finance. By educating yourself and taking advantage of platforms like Found, you empower yourself to manage your finances more effectively. This empowerment leads to better financial decisions, greater business growth, and ultimately, a more fulfilling creative career.

Ready to revolutionize how you manage your creative finances?

Sign up for Found today using this link and start simplifying your financial management.   Managing your finances well means more time to focus on what truly matters — your art. Give Found a try, and see just how easy financial management can be!

Watch on YouTube!

This episode contains a visual walkthrough of the platform, so you will most likely want to watch!

Download the FREE Workbook HERE

I created a free pdf that will help you with everything we spoke about on the show; use it as a guideline as you watch/listen – my goal is help you become and stay profitable while focusing on living your life.  If you need help with your business, let’s chat. 

 

Paid partnership with Found; Found is a financial technology company, not a bank. Business banking services are provided by Piermont Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. The Found Mastercard Business debit card is issued by Piermont Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.

Found’s core features are free. They also offer a paid product, Found Plus.