TIFFANIE YOUNG LOFTON is a Senior Vice President of Production with over 15 years experience developing network projects, budgets, and schedules. Her budgeting expertise has helped several media companies and freelance professionals meet their goals.
Managing a budget is a constant process, not just for a large-scale media company, but for the individual freelancer as well. Tiffanie recognized this early on in her career and began to coach clients on how to manage and maintain their personal budgets with simple, yet powerful tools. Now, she also offers her career guidance to college students seeking to enter the industry.
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YOUNG, FISCAL, & FREELANCE!
As a contractor, what are the three fundamental tools I need to stay on track financially?
Set up multiple bank accounts to protect savings and limit unnecessary spending.
Plan to be unemployed. Every contractor experiences unemployment so put yourself ahead by preparing for it.
Always be honest with yourself about your capabilities and what you can accomplish.