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Self-employed? Here are 5 common mistakes to avoid

Here are a few mistakes to avoid for financial benefit as a self-employed person
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FILE - This May 18, 2021, photo shows a woman typing on a laptop on a train in New Jersey. Becoming self-employed can be an exciting journey, but it’s also possible to make expensive mistakes. These mistakes can create financial setbacks that stunt your growth or impact your financial security in the present and future if caution isn’t taken. (AP Photo/Jenny Kane, File)

When you become self-employed, you join millions of other business owners hoping to materialize their dreams. However, navigating the murky waters of self-employment can be challenging, especially during the early stages.

While there are no guarantees in business, there are some strategies that could increase your chances of success, especially financially. Here are a few mistakes to avoid as a self-employed person.

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