The following is a guest post by Annie W, the travel blogger for Dobovo, the Kiev-based accommodation search engine:
As a freelancer and an avid traveler, one of the most common questions I get is: how much do you make? But after that, the next most common question I get is: what is it like? My answer is can be anything from ‘wonderful’ to ‘stressful’. It might even just be me ripping out my hair if it has been a particularly difficult week.
Freelancing: A Secure Form of Employment?
My freelance income distribution from 2011 -- as you can see, I had 3 clients who comprised more than half of my income, which increased my financial risk
One of the facts of life that freelancers face is that we often need to deal with an unsteady cash flow. Freelancers have good times and bad times financially and our earnings reflect those situations. Most people are scared off by this unpredictability, which prevents them from even considering freelancing. (After all, your rent, student loans, and car payment will be the same every month regardless of how much you earn in that period, so shouldn’t your income also be the same every month too?) Compared to being employed by a single company and receiving a steady paycheck month after month, freelancing – at first glance – seems like the opposite of a “steady job.” However, being a freelancer can actually provide more job security than having a single employer. Here’s how…