The Complete Guide to developing a freelance career

 

The inflation is wreaking havoc with our finances. The cost of living continues to rise, to add to the whammy, our incomes do not rise at the same rate. For example, the price of milk in 2018 was $2.85 per gallon; it shot up to $3.19 per gallon in 2019, an increase of 11.92% in a year! Sadly, salaries do not rise in the same proportion.  Many people are struggling with 2 jobs and even then it becomes difficult to survive. If you ask 10 people, how much money they manage to save every month? The answer will surprise you. 7 out of 10 people do not have enough savings.

Even if you are willing to work 30 hours a day, you cannot. We have limited time. We have to make choices. If we take up more jobs, we tend to compromise on family time. The choice is tough. No wonder, the depression rates are shooting up.

If you are managing two jobs, it will help you to increase income, but after some time exhaustion creeps in. You begin to wonder if it is really worth it. The more you work hard, the more frustrated you become. The rewards are not forthcoming. Freelancing as a career can be an attractive option.  

What is freelancing?

If you have the talent there is nothing more exciting than a freelance career. You can work with a number of clients. This is refreshing if you are working in a 9-to-5 job. Freelancing is a profession where a person works for a number of clients, while not being recruited by just one organization. In other words, in freelancing a person works with his skills, and experience to help several clients get their projects done. In freelancing a person isn’t bound to just one organization to work with, instead, he can work with a number of clients at the same time.

Freelancing also gives a person the freedom to choose when to do the work (i.e., the work hours), in some cases even where to work (i.e., the work environment), and then a most important one to decide for what value they should work (i.e., the payment they receive once a project is completed). All this makes freelancing exciting than a monotonous job at the office.

Why You Should Choose Consulting As A Career

 

Consulting is an excellent career choice for someone who has sufficient knowledge of the domain. Let's understand the consulting in detail.

 What does the consultant mean?

Consultants are freelance experts who share their knowledge for money. For example, a financial consultant offers advice on financial matters, or a marketing consultant advising the company on marketing aspects. Companies hire consultants because they require expert advice. It’s a win-win situation for both, the company and the consultant.

 A consultant receives money for:

 ·        Advising on the specific problem a client might have

·        Providing expert advice on a particular process

·        Guiding the Company to ensure an efficient decision making

·        Advice on speeding up the process

 So in a way, a consultant exchanges His knowledge in return for money.

 Do you know that a top-notch IT professional is hired by an IT company just to oversee the software development process? A top-notch IT consultant can command anywhere between $50,000-75,000 just to ensure that the software is free from any bug.

 Do you know relationship consultants get paid $100 an hour just to listen to the rants of broken-hearted people?

Why Being Self-Employed Is Better Than A 9-to-5 Job

 

INTRODUCTION

Being self-employed is an improved way of livelihood and making money—it does sound suspicious right? Nevertheless, this post will clear this suspicion and prove why self-employment is the best way to live a stress-free life. A self-managed business that you have started for yourself is no doubt the best way to make more income. It is another source to enjoy financial freedom and become your boss. To sum it up, self-employment is the most guaranteed way of having a balanced bank account and life at the same time.

We can define being self-employed in a simple definition that is working for no one else but yourself and your passion. When you are self-employed, you get to manage your income and better still; you get to choose your workspace and your working pace when you become your boss.

Imagine getting stuck in a nine-five salaried job where you don't enjoy what you do and there's no motivation to push you further. Gradually you start getting scared and tired of Monday morning, your fears start turning into depression because what you do was never part of your dream. Then you try to convince yourself to stay back because of the security the job gives you—do you know how miserable that sounds right now? It makes a person pathetic.

Top Five Recession-Proof Businesses To Consider When World Is Crashing

 

TOP FIVE RECESSION-PROOF BUSINESSES

Economics is incomplete without a recession. For as long as the world economy is concerned, there are times the world will do well economically, as well as times most people will have to deal with a recession. The world’s economy goes into recession when stock markets go down. When this happens, a lot of people lose their purchasing power. As a result, firms are unable to make sales and, therefore, losing their value. Unfortunately, many are left with no source of income, loss of jobs, and means of livelihood.

Despite the sad reality, some businesses survive a recession. Let’s discuss five recession-proof businesses.