Updating your skills – Freelancers

A freelancer thrives in an environment full of various skills. That is precisely the reason why he has chosen freelancing. He feels at home in a breeding ground of such skilled people. Else, he would be elsewhere working on a mundane job. It is his confidence in his skill sets that has leaded him to choose freelancing as a career.

A freelancer is often a big dreamer. He will have dreams of being successful. Dreams in which he will see himself as a successful business man running his own freelancing unit. There are very creative dreamers as well. Those dreamers, who read this and identify themselves with this role, will have more to add to this statement.

Let us continue with an intention of success, to everyone who reads this. Let us also peep into the pre-requisites that will enable freelancers realize their dreams. First and foremost, a freelancer should know why he is doing the job, which he is doing, as a freelancer.

Freelancers who consciously choose their particular jobs, knows how to go about it, is confident of delivering the work well and knows his strengths and weaknesses. He will know if the project is favorable or not, to him. He will know exactly how much effort needs to go in.

But at times, freelancers are at a loss to understand why they are doing a particular kind of job. To overcome this sense of deficiency a freelancer has to update him frequently on all the topics that summons his interest.

Learning is essential for a freelancer. It may be through work or through colleagues or by any other means including training classes. Individual learning again, can be diverse, ranging from the core subject matter to personal development. Advantages of meaningful learning are that the freelancer is full of information required for his work. Day to day situations that he may face also helps him with informal learning. These lessons, each freelancer has to identify and inculcate within him.

Learning is easiest while teaching others. A freelancer who has the knowledge can offer to impart his knowledge to teach others. The students may have new ideas and questions to ask. The freelancer gets an opportunity to learn while answering those questions. Teaching is the best way to learn as it helps further your knowledge, and gives a foundation that is stronger. Teaching can open up new avenues that you can explore to pursue your interests.

Good people are a boon to be around. Since freelancers do not get an opportunity to work with a team of members, they are isolated, except when they work as part of teams. So when there is an appropriate opportunity, for a freelancer to work with good people, the suggestion is to grab it. You may find people who can be your role models, especially, with regard to their approach to life and work. People who do work with a good attitude and also teaches you lessons that are worth learning, without offending you. Friends and mentors and bosses and peers, who will hand hold you and groom you, bringing happiness around. People who can get work done!

While working with good people it is also important that we have to change ourselves a bit. We should learn to take criticisms, both positive and negative. Work on the positive criticism and improvise on the work that we do. Positive criticism coming from people worth listening to, and learning from it is a boon. Only well meaning people will give you criticism worth working on.

Take on new challenges as part of your learning. You may inform your team that these are not your core strengths, but attempt to work at it and do a good job. There are times when you are in the right mental frame work; and the attempts that you make bring positive results. When this happens, you know that it is worthwhile doing another attempt and try to hone your skills further. Freelancers are lucky to get openings where the client is willing to experiment with their talent. If you a lucky person, you will find the right kind of person to give you the right opening.

Last but not the least is the inspiration and motivation that one has, which helps you to learn by yourself. It is essential that one has the motivation and inspiration to learn more. Only when the passion comes from within, can a person go about learning new and more beneficial things. One has to align the instructions received, the practice he has had and the assessment of the job at hand, and connect these thus enabling one to benefit from what he has learnt.

Keep your spirits high even if you don’t succeed the first time

Failures are stepping stones to success. So, as a freelancer, if you do not succeed at first, try again. Freelancing is no exception when it comes to failures and successes. One has to have the fire in him to surpass these failures and come out successfully. Failures as such do not wait to pounce on you. You need to know that failure is around the corner, when things don’t come up the way they have to. And need to take corrective action immediately.

What is the reason for your failure? This is the first question one may ask himself. Look at yourself and determine why you have failed. If you are not sure, ask your client. Ask friends who know your work. They will have a better idea.

Once you get to know the reasons, work on them. Work on the weak areas which need attention. Sometimes your over confidence needs to be brought down. Anyways do your self appraisal and you will know where you have faltered.

Another question you need to ask is whether you or another party caused your failure. Reasons for the failure could be many. You may have been in the picture and involved in a small way. Is the failure because of non availability of resources or any other factor that was not in your control? Then you do not have to take the blame. Things beyond your control really do not matter.

But if the failure was due to your incompetence, assess the factors that caused the incompetence. Assess what more you could do. Assess the kind of help you should have asked for. Assess the amount of help you should have taken from others and other resources.

If it was due to lack of knowledge, assess if you really would like to work on that area again. If yes, upgrade knowledge by going for a course. Crash courses are available. But choose the one which will provide you with good knowledge on the subject. Check if the teachers are qualified to help you further upgrade. If yes then it is the right place to go to.

Ask the right questions to understand why this failure happened. More over it is important not to play the blame game. Accept feedback in good manner. Accept what needs improvement and there you will be among the best again after a few months and years.

Once you have, upgraded skills approach you employer. He may give you another chance. Most of them would like to work with familiar personnel than go for newer freelancers each time. So make sure you upgrade your knowledge and continue accepting feedback to improvise and improve.

Was it your kind of work? This is another question worth to think about. Was it your area of expertise? If not, move away. If you still want to continue with it, upgrade skills. You may choose to move away in to a lateral field as well. As a freelancer, there are ample opportunities available to showcase skills that relates with each other. You have to have the determination to learn yourself. Self help is important at times because it will stand you in good stead with your employer. Basically, you do not have to cry out for help at every given opportunity.

If failure was due to lack of resources, get help to research, and make resources available. At least for your next assignment these resources will be helpful. These resources can be page marked and filed so that they are always at your hands length whenever required. Availability of resources cannot be a reason for failure these days as enough and more resources are available at the press of a few buttons. But to choose amongst the best and most suited needs intelligence and discrimination.

Friends can provide you with great inputs. Do you home work on the work assigned. You may take hours to formulate your strategy on getting work done. But all that matters is not the time spent, but the quality of output given.

Failure is opportunity to begin again. It points the way to success. Begin your work more efficiently and logically and you are sure to succeed.

Keeping your communication channels open

Keeping communication channels open is an integral part of the feedback sessions that I have written about earlier. It is common that not all feedbacks get replies or action is taken. There may be areas where required action is pending and hence the freelancer is unable to carry on with his work.

There are always cases pending for action, in a project. These need tracking and communication regarding this has to go forth to concerned authorities, to enable closure of such cases. Communications on these may prove to be of good use while we rush through the daily commitments.

Communication channels are useful when people procrastinate over small issues which otherwise are sorted out faster. Open communication channels allow you to raise issues at work to people in the line of command to resolve issues. Resorting to such open communication helps increase efficiency at work.

Where the answers to questions and feedback are insufficient, one may resort to other modes of communication, for information, along the line of reporting. If a person you are in contact with is not able to provide sufficient information, you may approach another person who could provide more information on the topic concerned.

Where the information is unclear, and the freelancer is unable to make sense of the information, it is only right to ask for more clarity. This happens only through open channels of communication. So if your regular contact is not aware of means to provide any more clarity, than already available, you may approach another source and so on.

Proper steps on approaching an issue forms after proper communication on the nature of the issue happens. Each step that needs attention will have a definite number of processes that needs completion. A freelancer is able to do it only after consulting appropriate sources through communication channels provided.

Probing is an art of asking for information and expectations. A person with good communication skill can easily probe and get the information required. Even while going through the initial stage of the project a person, with good skills, can probe and understand the situation he is in very quickly. But probing is possible only with easier accessible channels for communication.

Where there are issues of online access to portals, to access information of the company, the view that a freelancer gets may differ from that of a regular employee. As such, information displayed will be limited and hence feedback communication has to go to get the issue resolved and the proper content made available.

Hiccups in technology used almost certainly crops up in freelancing. If there is more than one person involved in the project, the time and availability of technology available to each may vary. Hence, it is important to have everyone on the same level of understanding, for the project to function properly and for knowledge sharing and communication. Where this is not happening, communication channels should open up to make this happen.

Errors in the work outline may pop up when knowledge sharing is completed. So the initial drafts may require reworking, to suit the need of the client and for the final output to clearly emerge. What is critical here is to have a good communication marathon to happening in order to assess the short falls and to have the project going in full swing.

Error in the processes and templates can gain attention only when communication is open. Errors in the process templates and development template pop out while we are at work. These need immediate attention and hence a communication channel for immediate access is required at times.

To sum it up, it is mandatory that any employer or organization outsourcing their work has a good method or process in place for communication. They may use various available methods to effectively get their freelancers to talk to them and gain their respect as well. This will pave way for better working relationship and greater output at work.

Freelancing Projects – Breaking up the tasks in your project

Breaking up projects into simpler tasks will enable one to finish the tasks at hand efficiently. How do we go about breaking up the tasks? It is necessary to identify the specific goals, for the project first, to know how to go about breaking up the tasks. Some of the important tasks in your project will be as mentioned under.

Time schedules: Time schedules needs identification and compliance. Time bound activities are marked off and highlighted. Those subtasks will get priority over others. A project will have specific dates as time lines and a project sheet would clearly demarcate these time lines indicating when and how each tasks needs completion.

Management of the project is the next step. This has to have the predefined objectives mentioned clearly. In short, project management will include all those tasks or steps that we are discussing here. It includes planning and control techniques of the project aiming at efficient completion. There are various tools one can use to achieve their goals, depending on the ability to manage the complexity of the project in hand.

Budgeting is the most important step in a project that will take up most of the time, during the initial stages of a project. A freelancer has to pay careful attention to budgeting. All the tasks involved in the project need accurate measurement while budgeting. Unless the budgeting planned and controlled, the project cost may become too high and unaffordable. Then the project becomes ambitious in nature and may end up shelved.

Process oriented and project oriented reporting structure is worked out to enable the project to run like well oiled machine. All functions needs separation into manageable tasks and sub-tasks and reported on for a project cannot run effectively. The breakdown of tasks provides a structure to the project which builds into small definable goals to achieve end result. Only controlled reporting can give control and insight on how well a project is faring.

Execution of the processes identified for execution needs monitoring as per requirements. This will involve collaborating with every individual involved in the project. Deliverables are monitored to ensure that the project on time lines. This includes acquiring and distributing information required for the project. Direction is required while executing the project.

Monitoring the project is another aspect that needs ample time. This includes measuring an ongoing activity against the baseline that was determined for the project. Identifying error and putting the effort back into bringing the corrective measure also is involved. Where ever there is, a flaw, they need identification and change after approval. This again should not affect the basic goal of the project.

Risks involved in a project needs assessment as well. This is possible by monitoring each of the tasks and the reporting in details. Hence, it is important for a freelancer to have exposure to all these simultaneously.

It is common to come across gaps wile doing a particular project. How do we identify such gaps? Some of them may not be gaping and will require an expert to identify them. So while on a project it is advisable to have continuing updates on the progress from all quarter. This will enable a person to easily identify his flaws, which will in turn affect his work and the project at the end.

Once the project nears completion, many other aspects will determine the value of the work. One such is the effectiveness of the design. The deployment of the project for operations purposes of the business needs attention. The lesser the hiccups in this stage the better.

Closing of the project also involves a lot work. Training to people involved in operations is given. Any error that is noted is worked upon on a regular basis to ensure that the capability of the project is enhanced at every possible step.

Women as freelancer

Need of a women to work

Women from the ancient times did not think on the other side of home. They always concentrated on family and its betterments. With necessity came the intention to work. This kept growing as the society provided numerous benefits for the women kind.

As everyone agrees to the fact that women manage work effectively and has the patience and work towards the goal organizations focus more on hiring women employees.

To make them sustain, policies and benefits are put forth. One of its kinds is working as a Freelancer.

Women handle work and home

As freelancing women enjoy more rights compared to men. Men work as a freelancer generally to improve their skill and enjoy their passion. Whereas women has many reasons to work as a freelance contributor.

While she works from home she can take care of her family and as well work. She achieves this by splitting up her work based on the relaxed time she gets. As the work is not for a long term she doesn’t fall under any huge commitments and can plan to finish that particular job before she takes up the next assignment.

Women get together with other people quite fast and hence she can survive in the freelancing world with friends of her interest and keep developing talent. The trend of freelancing is spread and many individuals take this up because the stress levels depend on the amount of work we take and its purely based on our need.

Women are more attracted towards self employment than men. They have the freedom to work and manage. It usually diverts a women from the routine things she does everyday.

Doing a work of her interest makes her feel good and keeps her motivated the entire day.

Going by the reports published every year after the survey, we have a strong evidence that the growth of women freelancers is increasing.When a woman is married and if she could not meet the family requirements she gets an extra paid income out of freelancing.

Online career advantages for a woman freelancer:

Women are more successful in online career and have achieved. Some tips as below

  • Freelancing jobs help female employees manage their schedule appropriately. This gives them more fresh ideas and helps increase in quality of work and productivity
  • Women find herself independent and feels motivated as they handle the tasks by oneself. As online freelancing doesn’t affect their career growth and it’s not time bounded women are interested in taking these kind of flexible jobs
  • In a virtual world such as internet, women find themselves optimistic about their future success in technology and make them feel they are competitive enough to challenge racial discrimination that is a strong perception about women’s jobs in the job market.
  • With the increasing number of tools available online women are able to develop their skill and stay competitive. The chances of improving and learning are high. like stated, Women has amazing skill of doing multitasking; a research states that around 70% of women say online job has enabled them to easily manage their personal and professional lives. Jobs available on the internet have helped them balance their personal and professional roles simultaneously.
  • As every women has to satisfy the family commitment and has various responsibilities freelancing jobs helps them and provides an ease to work without a strong burden.

There’s a new growing field where women have taken a dominating position over their male counterparts: the freelance sector.At first instance, the benefits and the improvements may not seem to be convincing. But as time passes you will have a strong focus working when you can and not. Though some people have issues working from home there are many successful female freelancers who feel they face new challenging opportunities and have improved their skills. The level of personal improvement and career orientation has highly improved for the freelancing women.

Expectations for more contract work for women remain high. Most of the women are optimistic about the future success of women in technology. This is a good sign as the momentum is building for even more gains for women in the freelance sector.

Travel issues

With the challenging work environment and the clients being distributed across continents, women are unable to travel losing her commitments and responsibilities.Freelancing solves this.It helps women to get rid of the major problem travel. The work can be done sitting just at her home. She gets more time to concentrate and lesser running around time.

Quoting, Margaret Thatcher,

Freelancing is not a last resort for failures; it’s a career choice for many

Most of the people outside think that people who end up with failures take freelancing to succeed.

But its the other way around. People earn a lot of money and skill. Its the smartness and the level of passion you show towards a work you do.

Freelancing can be your career by choice and not by fate.Its you who are willing to take it up so anytime a women who work as a freelancer should have it in mind. This will boost the level of interest.You must have the attitude to project yourself as a successful women in freelancing.

Women are strongly determined and don’t easily give up. Freelancing women also has the satisfaction of the work performed. They need not worry about the project stress, reporting to managers or lay-off. The freedom to work resides on their hands and the will to succeed.

Some tips for Women to achieve more:
1. Take center stage

Project yourself as a leader. Sign up for meetings and take the chances to speak, host sessions or conduct workshops. Of course, you’re there to help others and teach them, but an advantage that you’re showing yourself and your company to a new audience. Every person in the crowd is a potential customer, and your inputs are recognised.

2. Form groups of people with similar interest as yours

Organise a lunch/ dinner outing. Create yourself a network through social groups, business associations. While conversing get the knowledge and resources from people who are willing to share. Make some simple notes and try implementing.

3.Never give up.

At hard times, don’t lose interest.Keep yourself updated. Work on some innovative projects and keep applying.

Hope this article helped you rejuvenate.

How To Be A Freelance Teacher

Freelancing jobs are full of potential and opportunities Freelance teaching is not a new concept. It has been around for ages. However, the latest trends in globalisation have given Freelance teaching a new spin. Here is a short guide to help you start of as a freelance teacher.

The first step is to decide that kind of freelancing teaching job you are in­terested in:

A) Travelling freelance jobs: These kinds of jobs require you to travel to other states or countries to take up a teaching assignment there. These kinds of jobs are especially popular with teachers who have multilingual experience.

B) Online freelance teaching jobs: These jobs involve sitting at home and tutoring over the internet. These types of projects include tutoring of subjects such as History, Geography, English etc. assignments are handed over the internet itself.

C) Regular freelance teaching jobs: These are regular freelancing jobs that you can take up in the local areas like tutoring school students, teaching art etc. and do not require travelling or access to online services. You don’t need to travel for these jobs.

Once you have decided what kind of freelance job you want to do then it is time to think on the following points.

What different you can offer?

The biggest challenge that a freelancer faces is offering something different than what others are not. Think hard and fast about your special qualities as a teacher.

Be ready to network extensively

When you are new in the business you don’t have much contacts so be prepared to network eaten surely. Look up your old contacts, old students, and visit local online communities to build up the network. It will be hard work but it will be worth it.

Stay in touch with teaching even when not working

Teaching is a profession in which you need to be at the top of your game at all the times. Therefor it is important that you stay in touch with teaching at all the times. Volunteer at the schools / colleges or at the night classes. This will help you in understanding the minds of your students better and therefore you will be able to teach better.

Network with other freelance teachers

When you are starting as a freelance teacher then in order to get some hands on experience on what actually happens in the freelance teaching world, it would help you a lot to network with other freelance teachers. Remember never ask them to share their client details but ask them about how they started, what they charge and what are the points to look forward to. Teaching methods of every teacher is different and therefore you are bound to pick up some useful points every time you interact.

Make sure all your documents are in order

Nobody wants a teacher who is not organized himself/herself. Keep all your documents in order, which should include your degrees and certificates all in order. If you are interested in traveling freelance jobs then make sure that your passport is updated and you have the necessary permissions.

This way you can present them promptly and the point will go in your favour.

Don’t be afraid to take up new challenges

Just as every teacher is different, every student also had different learning capability. As a freelance teacher, you usually don’t get the time to mould the student as you wish and therefore it is important that you mould yourself the way the student wants. Some students like to have lots of books to read and some understand better with the practical way. Take up new challenges with confidence in your teaching methods and you will defiantly succeed.

How To Know When You Are Being Paid Enough As A Freelancer

For a freelancer it is important to be paid well and paid regularly. I admit it is no easy feat but at times all you need is confidence in your abilities. There are mainly three ways a freelancer can be paid: hourly jobs, fixed price jobs and what I like to call give and take jobs.

We are all familiar with fixed price and hourly jobs but not many freelancers take advantage of give and take jobs. These are the kind of jobs in which you do something for a client and in return the client does something for you. For example you write for a photographer and in return he gives you some copyright free photographs or the web designer designs a website you. This type of exchange can be beneficial for both parties. However, the bottom line remains that a freelancer needs to be paid adequately. So how does a freelancer know that he/she is being paid enough and not running in losses? In this post, we will discuss some points, which will help you, figure out the answer to the question:

Do you have enough for overheads?

This is the simplest way to answer the question of adequate payments. When you are done with a job make a list of the number of hours you spent, number on internet hours (if your job requires the same), travel expenses and other expenses and compare it with the payment that you received. The payment is greater than expenses and you have enough left for any overheads then you know that you were paid enough.

Compare with a regular job pay

I know most people say that freelancers should be paid less than the regular employees should because they are just not ‘regular’. However, this is not true, you should be paid the same or even more than that. Therefore, you need to look at the big picture. Compare your earnings with somebody who is doing the same work in a ‘regular’ job. If you are earning at least 3% more than the average earnings then you are doing a good job.

You feel comfortable in taking a holiday

Many freelancers whom I know are not very comfortable in taking even a day off let alone think of taking a holiday. They feel that if they take a holiday in between jobs then they might miss out on some exiting chances or they feel that taking a holiday will put a stop on their earnings. If you as a freelancer fall in either one of the categories then this means that you are not earning enough. You should be able to earn enough to take a break sometimes.

For those who are just starting as a freelancer the excuse that you don’t want to take a break in order to build up a portfolio or to beef up their earning but if you have been successfully freelancing for about a year you should have enough money saved up to not to worry about taking a break with your family or doing some important work.

It is important that you do not compare yourself to freelancers who are working in a different area then you are. They have a different expertise and therefore the payment is different. You can of course compare yourself to your peers to get a fair idea of how much you should charge for your work. As a freelancer, you are rarely going to get regular office bonuses so the knowledge that you are paid well can be a highly satisfying and motivating factor for you.


What A Freelancer Really Is Wondering About All The Time

In our previous posts about how to be a freelancer we have discussed about in length about how you can be a freelancer in almost any field of work. Every freelancer whether he or she is a newbie or an established freelancer worries many times about some of the basic questions all the times. In this post we have attempted to answer all the basic questions in one place

How much should I charge?

The question comes up with every job. Of course it all depends on many factors such as the complexity of the job, the time required and the effort on your part. For example a simple article job without any complex technical mentions will earn you less than an article writing job, which requires understanding of complex technical mentions. The amount of money that you will charge will also depend on the client’s budget.

Many freelancers make the mistake of taking in less professional work to build up a portfolio but it only looks bad on the actual portfolio. Professional rates are to be maintained at all times.

Where to find a client?

The best way to fine a client is to stay in the visible at all times. If you go out of picture for a long time and have not been in touch with things around you because you are ‘too busy’ then you will end up losing clients then gaining them. Initially the best way to get work is to approach the clients. If you have some trouble in a direct approach then the best way is to ask somebody else to help you get some work.

How to deal with a client who is unhappy with my work?

Unhappy clients can be easily avoided if you are consistent with your work and make a special effort to understand everything that is required of a job. However the world is not perfect and you are bound to encounter an unhappy client sometime. The best way to deal with an unhappy client is to be polite at all time and present with the completed work at all times. If things you out of hand then you should retract quietly.

How many samples should my portfolio have?

Your portfolio should showcase your latest and best work. Keep the number of samples limited to maximum of 12. If you have done a variety of work the select the best piece out of each category and place it in your portfolio. Keep in mind that prospective clients are more interested in the quality of your work than the quantity of the work. If the client needs more samples of a particular kind then you can also send the samples in mail.

How to manage money and other accounts?

For this it is important to understand the countries freelancing laws. You need to keep track of all your transactions for filing and tax purposes. Financial management is a must for any freelancer. Money also does need to be set aside for rainy days. You can get some advice from an account professional to help you manage better.

What kind of online presence do I need?

In terms of online presence you must have a website and a blog, which will be a home page of all your work. It will also be a one stop information bank for the client who want to know your interests and want to contact you. Make sure that the blogs are all updated and you answer comments on them. Also make sure that your website has all your latest details. It will also serve as a base to give free rein to your thoughts.

Earning Most From Your Blogs Without Cluttering It With Advertisements

Blogs are one of the easiest ways to put your word across to a wider audience. So why should you not earn from the blogs? However, the most off putting mistake that a blogger can make is cluttering his or her blog with advertisements, which pop up annoyingly when the reader is reading a post.

Imagine you are reading something very interesting, then suddenly there is a weight loss advertisement on the screen, and you lose your interest in reading. There are many other ways by which you can use your blog to make some money and still keep it very neat and clean. In this post, we will take a look at some of those methods:

Keep your home page clean at all times. If you have to sell something then create subpages of thing, which might be related to your blog. For example instead of the home page of your blog the About us page of the blog can be a way to post the adverts or the links of the things which you want to sell.

Use the Email option to sell

Prospective buyers are less likely to click on the link on the blog then the link on the emails. If you want to market something then use the email address that you have to do so. You can post the link on your blog to attract more readers but they are hardly likely to be buyers. Instead, the people that you will contact through a dedicated email are more likely to respond if they are interest.

Webinars are the way to go

If you have some of your products to sell as a freelancer like free courses, products or other meetings then you can market them best if you use the webinars. Free webinars are a great way to attract other readers and get people interested in which you have to sell.

You have to make sure that your webinar is related to the product that you are selling and be selective to who you present. Wrong type of audience and do you more harm than good.

Become a partner with a static selling

This can be best expressed with the help of an example. Suppose you have a blog that talks about the review of various beauty products for both men and women. And you see that there is a static website that is selling some of those products, which you have reviewed. You can make such a site as a partner, which can be, used a landing page and you can use it to earn some money because of your recommendations.

Your clients can become your best customers

A freelancer’s reputation is based on the fact that he or she has clients coming back to him or her. Therefore many freelancers opt to take the route of getting involved or making products that target the specific audience. If the clients have liked your work then they have the potential to become your best customers also. Selling products that tell the audience that you are focused on your niche is the best way to gain more faith from the audience. You will not only gain from selling the products but you will also end up gaining more work as a result.

Keep in mind that your blog is supposed to tell the reader what you believe in and it is not supposed to be only a showcase of your yearn to earn money. Keep the focus on what you write or present on your blog. When the blog is good the money will automatically follow. Happy blogging!

Budgeting: Why Is It Important For A Freelancer?

Being a freelancer means that you are your own boss. This also means that you are responsible for the success or failure of your jobs.  A freelancer does not have a steady income at all time. The income will vary depending on the nature of the job, number of clients etc. Freelancing also does not cater for any employee benefits. Therefore as a freelancer, it is important that you learn the art of budgeting down to the pat.

We hear a lot of reasons for why freelancers tend to ignore budgeting including ‘I am trying to build up a business first’ or ‘I never had a problem till now’ or the classic ‘Never had the time’. But if you ask them, most freelancers will agree that maintaining a budget is very important for any freelancer.  In this post, we will take a look at some of the reasons for why budgeting is import for a freelancer.

It helps you cater for lean times

As I said before that, a freelancer can never be sure of a steady income. You might earn more from a job or sometimes you might not have a job. Therefore, the money that you earn from the high paying job will come in handy when you don’t have a job provided you have made a budget for yourself and followed it through.  Because even when you don’t have a job you will have to pay for expenses like bills, electricity, internet, phone and food.

It helps you dream big

When I started out as a freelance writer I was barely able to work 2-3 hours a day because things like housework, electricity cuts etc. would eat into my time. I started operating on a budget where my first aim was to save up enough to buy a generator to not to let electricity cuts interfere with my work.  I saved up enough to buy one in 3 months by sticking to the budget. I now have an answering machine to take care of all the unwanted calls and a much faster laptop and table to help me work faster. This all has been possible because I made a budget and stuck to it.
Having a budget to tidy you over during your lean times will help you dream big.  With your budget in your hands, you will be able to plan for better things and even present a more professional front to the potential clients. Your dreams are not limited to the professional front only; they can be personal also like taking for favorite art class or going on your dream holiday.

It helps you sail through life’s surprises

Life can never be very unpredictable. You never know one moment from another about what is going to happen. If you are not prepared for the surprises that life will throw at you then it will catch you on the wrong foot. Therefore, it is always important to prepare for such unforeseen events. The best way to do that is to have a budget set which will cater for any emergencies.

When you are working as a freelancer, you don’t have the standard insurance covers that are provided by the companies therefore you have to think about it yourself. If you have a budget on hand then you will be able to set a sum aside for emergency funds, which can be tapped easily without you having to worry about money to pay bills the next month.

Budgeting gives you a kind of security for you and your family. Being secure with a budget also means that your mind will be free of worries, which in turn means that you can work better. So you see it is a Win –Win situation!