From broke to thriving: Money fixes for self-employed and side hustlers

Are you enjoying the freedom of self-employment - or just underpaid, overworked, and financially stressed?Running your own business can give you freedom, flexibility, and the chance to build something that truly works for you.But without the right systems in place, it’s also easy to end up burnt out, broke, and completely unprepared for the future.In this Ask the Experts episode of Making Cents, financial journalist Frances Cook is joined by Justin Gauci from EnableMe to unpack the money traps that trip up self-employed Kiwis.Then? It’s how to fix them.We cover the essential questions every freelancer, contractor, sole trader or small business owner needs to ask:Are you charging your true market value, or just making yourself a job that doesn’t pay properly?How should you really think about GST and tax deductions (hint: they don’t make things free)?What’s the smartest way to save for retirement when you don’t get KiwiSaver employer contributions?How can you smooth out cashflow, and prepare for big tax bills without panic?This episode is full of practical financial advice for self-employed people who want to earn well, save smart, and run their business like a grown-up, without sacrificing their lifestyle or security.Whether you’re just starting out or several years into your self-employed journey, this is your roadmap for building a solid financial foundation.LinksFollow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.