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Freelancing – Creating A Work Life Balance

May 6, 2011

Work Life BalanceWe’re told that the recession is over.  It’s a wrap!  But it’s still tough out there and it’s the same whether you live in America, the UK, Europe or elsewhere.  But during these tough times, how can you earn extra money to, for example, pay off a credit card, or help buy a car?  How can you get more free time and work less, so you can spend more time with family or friends or just get away?  And if you’ve lost your job, how can you get a new one to start earning money again?  One scam-free way to do all of these things is to become a freelancer.

There’s no mystery to freelancing and a freelancer is simply someone who works for an agreed period on a specific job in return for a fee.  Freelancers are not employees of the businesses or individuals that hire their services.  Rather, they are independent workers and this independence gives them a number of benefits.

Freelancing – Choose how you’d like to work

Since you’re a freelancer, you’re not tied to any employer and this independence gives you freedom to decide how many hours a day you’d like to work, when in the year and so on.  So freelancers can work the hours that’s best for them, as long as the job gets done!  For example, you might not be a morning person, but being a freelancer working at home or remotely, you can do all your work in the afternoons or perhaps evenings. You can also block out dates during the year so you’re free to go on vacation.

Freelancing – Decide your earnings and earn more

Since you can decide how much you’d like to work, you also have control over how much money you can earn.  For example, freelancers are not tied to a 40 workweek (35 hours, if you’re from Europe).  So the more you use your time, the greater your potential earnings.

As mentioned, freelancers are independent of the businesses or individuals who hire them, so you can work on multiple freelance jobs to earn more money.  But freelancers also get paid much more than permanent employees who do the same job.  This is because an employer also has to pay a mixture of taxes, benefits and insurance for each employee.  Since a freelancer isn’t an employee, some of these cost savings are paid directly to the freelancer themselves.

Freelancing – Create a work life balance

With the ability to decide when you’d like to work and how much you’d like to earn, and often with the ability to earn more but work less, working as a freelancer can allow you to balance your work with your life.  There’s more time to spend with family and friends as jobs can be done at more convenient times.  Work at home parents can complete freelance jobs when the kids are at school or sleeping and you can even do freelance jobs whilst away on vacation!  Freelancing allows these and other home and remote working opportunities, and vacations can be taken when it’s best for all the family.

Summary

Everybody would like to earn more money, have more free time to spend with family and friends or go on vacation.  Freelancing offers a realistic way to do all these things to have a better work life balance.

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From → business

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