Money: The Nitty Gritty of Cash Flow, Billing Software and Retirement Savings for Self-employed

Rob and Sara discuss how eradicating debt allowed them to find success as freelancers. The importance of avoiding debt where possible, managing A/R, and paying themselves in regular, smaller increments. Rob pays himself every two weeks and Sara pays herself monthly on the 15th. They both use their business as a buffer to weather the highs and lows of income, sheltering their personal finances from the peaks and valleys as much as possible. It's never too soon to keep your finances separate. Both discuss their experiences applying for mortgages as a self-employed person and their respective choices for retirement savings as self-employed individuals. Rob and Sara also give their own unbiased reviews of the various accounting and invoicing softwares on the market.

• Dave Ramsey — Dave Ramsey is a financial author, speaker, and radio show host that is notoriously anti-debt. Following his "Baby Steps" has allowed Rob and his family to minimize their liabilities and, subsequently, move more confidently into self-employment.
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• Freshbooks
• Clio
• Xero
• Harvest