Thursday, April 28, 2016

Money Crashers: How to Become a Freelancer

As my regular readers know, I've been a freelancer for about 12 years now. As I wrote back in 2012,  my decision to quit my job and start working as a freelancer was much easier because Brian and I were about to get married that year. His job would provide us with one steady income and a source of health insurance, which are two of the biggest things a freelance job lacks.

Also, in my case, becoming a freelancer wouldn't require any equipment or training I didn't already have. I already had writing skills, experience in publishing, and a home computer, and that was pretty much all I needed to get started. And since the development house where I worked hired freelancers on a regular basis, and I also had contacts in the publishing world, I had several potential clients already lined up. So under the circumstances, quitting was a pretty easy decision for me.

I can also honestly say it's a decision I've never really regretted. Sure, freelancing has its drawbacks: the income is uncertain and the work flow is uneven, with too much work at some times and not enough at others. Also, I have to pay my own taxes every quarter, including the dreaded self-employment tax. But for me, the upsides—no commute, no dress code, complete control over my work schedule—far outweigh the downsides.

However, I also realize that each person's situation is different. For me, the decision to work from home was an easy one, and the right one—but my experience isn't enough of a guide for other people whose circumstances may be completely different. So in my latest Money Crashers post, I've done my best to cover all you need to know about freelancing to decide whether it's a good choice for you. I talk about all the ways there are to make money working from home, the benefits and drawbacks of freelancing, and the most important skills and tools you need to succeed at the freelance life.

Check it out here: How to Become a Freelancer – Types of Work, Pros & Cons
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