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#434: The majority of financial advice is geared to people with 9-5 jobs:\n\n\u201cNegotiate for a raise.\u201d\n\n\u201cMax out your 401k match.\u201d\n\n\u201cBudget based on your income.\u201d\n\n\nWhere\u2019s the financial advice for people who earn money in tips: restaurant servers, bartenders, hairstylists, concierge, valets, ushers, nail salon workers, strippers, or other service industry professionals?\nWhat about gig economy workers, freelancers and entrepreneurs? People who don\u2019t earn a regular paycheck?\nNot only do these workers earn a volatile and unpredictable income, they also often don\u2019t have job-provided health insurance, retirement plans, and paid time off. They need to provide themselves with these benefits. What should they do?\nThat\u2019s where Barbara Sloan comes in. She\u2019s a financial coach and author of \u201cTipped: the life changing guide to financial freedom for waitresses, bartenders, strippers, and all other service industry professionals.\u201d\nHer book and advice applies to anyone who works outside of the traditional confines and systems.\nIf you (or someone you know) works for tips, you\u2019ll love Barbara. And if you\u2019re curious about exploring work outside of the normal 9-to-5, and wonder how to set yourself up for financial success when your income is hit-or-miss, this episode is for you.\nEnjoy!\n\nEstimated Timing of Discussion Points as of March 2023:\n01:59: The tipped workers we may forget\n03:54: Financial challenges for tipped workers\n05:57: The importance of thinking like an entrepreneur\n23:02: Tips for the self employed\n25:19: Budgeting with volatile income\n27:13: Tracking income vs. tracking expenses\n32:15: The distinction of budgeting based on income vs expenses\n36:13: Budgeting as a trigger for disordered behavior\n\nFor more information, visit the show notes at https://affordanything.com/episode434\nLearn more about your ad choices. Visit podcastchoices.com/adchoices