Is Freelancing Riskier Than Having A Full-Time Job?

Many people believe that freelancing is riskier than having a regular job because there’s no guaranteed steady income or benefits.

But, is it?

I believe that freelancing can be just as secure as a regular job, and possibly even more.

Here’s why:

1. As a freelancer, you have the power to choose your clients and projects, which means you can diversify your income streams and avoid putting all your eggs in one basket. My husband is employed by a company. If they lay him off, he makes $0. If one of my clients don’t need me anymore, I have other avenues.
2. You can also negotiate your rates and set a minimum threshold for the income you need to earn. It’s a lot more difficult to negotiate once you’re an employee.
3. Freelancing offers more flexibility and control over your work schedule, allowing you to take on multiple projects.
4. While many people now work from home, freelancers can always work from anywhere in the world, expanding their potential client base and networking opportunities.
5. Freelancers can develop their skills and experience by taking on diverse projects and clients, which can lead to higher-paying opportunities and a more satisfying career path.

Overall, freelancing may have some initial risks and uncertainties, but with the right mindset, preparation, and hard work, it can provide a fulfilling and financially stable career path.