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.
