Key Takeaways
- Freelancing offers a flexible schedule and the opportunity to be your own boss, but it comes with the risk of unstable income and financial instability. Consider starting as a side hustle before making the switch full-time.
- Freelancing often involves an inconsistent workload, with some months being overwhelmed with work and others struggling to find projects. Use project management tools and offer flexible deadlines to manage your workload effectively.
- Unlike traditional employment, freelancing does not offer benefits such as paid leave or retirement plans. You'll be responsible for planning your own time off and building your own retirement savings.