Calling all of my fashion blogger girlbosses! Today’s post is for you!
Earlier this year, I set a goal of working through what I call my VTYJ list…this is a list of blogging-related tasks that I know very little about. I work my way through this list each week in an attempt to build my knowledge base of this crazy blogging world. Just when I think I’ve mastered something, I encounter a new technology or a new concept and it gets added to my list (yes, Type A, I know). This is one of my favorite things about blogging – it stretches my mind and creativity more than I ever thought possible. Any bloggers out there know what I mean?
One of the items on my VTYJ list was accounting as it relates to blogging, specifically fashion blogging. I understand the basics of accounting (thank you law school), but I knew there were nuances related to fashion blogging. As you all know, fashion blogging can be EXPENSIVE, so it was important to me to understand any available tax deductions or possible ways to save as a fashion blogger.
Enter: Erin Armstrong, fellow girlboss and owner of Enlightened Accounting. Ms. Armstrong created “A Course About Money, For Fashion & Beauty Bloggers” that has been a lifesaver for me. Her course is divided into four informative, yet digestible chapters that break down the nitty gritty money-related details that EVERY fashion and beauty blogger must know. She includes links to vital tax forms and other resources that have become a regular part of my weekly blogging routine (e.g., money dates and proper receipt documentation).
I have had access to the course for a few months and have been fortunate to revisit it several times when I’ve encountered a money or tax-related question. We are all busy and blogging takes up a ton of time, so I’m always thankful that the course is well-organized and includes a list of topics covered in each chapter with corresponding time codes so I can access something as specific as “Wardrobe Deductions” or “Promotions, Giveaways, etc.” down to the second.
After listening, I realized I was missing out on a significant amount of savings based solely on how I was tracking expenses and had structured my business. By following her advice and incorporating her suggested principles and practices, I was able to set up structures that have made the money-side things much more straightforward and approachable. (Even my beau, a financial advisor, is impressed!) I am so grateful to Erin because her expertise has saved me time, money and given me peace about sometimes intimidating concepts.
“A Course About Money, For Fashion & Beauty Bloggers” gave me the clarity needed to take my business to the next level. Check it out here:
Time to go check another task off my list…
All photos by Lady Uhlig Photography