How to Track Mileage for Tax Deductions as a Gig-Working Parent
“As a gig-working parent, tracking mileage for tax deductions can save you money. Use the IRS standard mileage rate or…
Tag: parenting
What Are Common Tax Pitfalls for Parents with Side Gigs?
Failing to report side gig income, neglecting quarterly tax payments, and poor record-keeping can lead to IRS penalties for parents…
How to Plan Major Purchases with a Parent’s Side Hustle Income
“This article outlines strategies for parents to plan big purchases using side hustle income. It covers selecting profitable side hustles,…
Top Apps to Simplify Budgeting for Freelancing Parents
“Parent freelancers juggle irregular income and family expenses, making budgeting critical. This article explores top apps like QuickBooks Self-Employed, YNAB,…
How to Avoid Overspending as a Parent with a Side Hustle
“As a parent juggling a side hustle, overspending can derail your financial goals. This article offers practical strategies to manage…
How Parents Can Budget for Back-to-School Costs with a Side Gig
Parents face rising back-to-school costs, averaging $586 per child for K-12 supplies. This article explores budgeting strategies, such as inventorying…
What Are Budgeting Strategies for Parents with Online Side Hustles?
“Parents with online side hustles face unique financial challenges. This article explores budgeting strategies tailored for them, including tracking variable…
What Is the Envelope System for Parents with Side Hustle Income?
“The envelope system helps parents with side hustle income manage finances by allocating cash to specific budget categories. This article…
What Is the 50/30/20 Rule for Parents with Side Hustles?
The 50/30/20 rule helps parents with side hustles manage finances by allocating 50% of after-tax income to needs, 30% to…
How to Build a Side Hustle Without Stress as a Parent
Parents juggling family and finances can grow a side hustle without stress by choosing flexible, passion-driven gigs, setting realistic schedules,…