The number of people worldwide who are happy with their jobs is small. Some people have issues with their salary, bosses, or management. The list goes on.
Fortunately, things have become simple and easy with the internet and technology. One of the best outcomes of the internet and technology is the emergence of freelancing jobs. Freelancing jobs have made earning money super-convenient.
Freelancing does not require an individual to sit in front of a screen for eight hours straight. People can work at their convenience, and even the working hours are flexible. But everything has downsides; the same is true with freelancing jobs. Here are the pros and cons of being a freelancer.
Pros of Being a Freelancer
People who have joined the full-time freelancer league or chosen this route to create extra income enjoy excellent benefits. Here is a list of all the perks that a freelancer enjoys.
Flexible working schedule
Some people are not very fond of waking up early in the morning. Be that a morning class or morning working hours, it does not work in their favor. Freelancer work is perfect for such people. A freelancer job perfectly works for an individual who cannot function in the morning but can work dedicatedly at night. They can set their schedule based on convenience, enhancing their working efficiency.
Saves transportation costs
Taking into consideration the economic situation of the world, the prices of gas ruin the budget. Driving to work means the expenditure of fuel, which is remarkably high. Opting for freelancer work saves a person from spending on transportation. They can sit at home with a laptop, eliminating transportation costs.
Exposure to a broader market
Working as a freelancer allows people to work with clients with different backgrounds, sometimes international clients. It helps people interact with a broader market and understand other countries’ trends. They also get to work on different platforms and for various companies.
Take an off anytime
Applying and taking leave in a traditional job is a headache. It restricts people in numerous ways. Sometimes, people need a break from their hectic schedule to relax, which is impossible in a traditional job. Working as a freelancer allows individuals to take off whenever they want to. They can travel at any time of the year, not just Christmas or easter.
Polishes the skills
Working as a freelancer allows individuals to work on different platforms with different clients. Working in various industries and dealing with others helps groom and polish skills.
Cons of Being a Freelancer
Denying the numerous benefits of working as a freelancer is pure injustice. But there are some drawbacks of freelancing, which one should be aware of before they email their resignation and jump right into freelance work.
Sporadic income
In a traditional job, an individual gets paid a fixed amount every month on fixed dates. This is not the case in freelancer work. Not only is the payment time not set, but even the amount varies. If a project pays a freelancer well, it does not mean the next project will be worth more than the last one. Uncertainty is an essential factor in freelancing work, and it is not very favorable.
Dealing with difficult clients
Many people want to quit their jobs because they have horrible bosses. In freelancer work, an individual does not meet the client face-to-face and is not aware of the nature of their client. Sometimes freelancers get stuck with demanding clients; dealing with these clients is stressful. Unlike a traditional boss, clients who do not like the work will not pay for it. No matter how horrible a boss is in a conventional job, they do not stop paying their employee for one mistake.
No benefits
Many companies offer medical benefits, insurance, and investment benefits. In a freelancing job, there are no such benefits. Freelancers finding a client who offers them health benefits are rare. One has to live without benefits or depend on their spouse’s benefits.
Distractions
A conventional working space has an environment that makes a person want to work. There are fewer distractions in the workplace as compared to a home. Freelancer work requires concentration and focus; it becomes impossible to focus if one has kids running around. Working at home is not an option for people who quickly get distracted.
Conclusion
One must decide based on the pros and cons before quitting a well-paid job. For some people, a regular job with a fixed monthly income is favorable, while working at their own pace is a priority. People must choose wisely, considering all the factors, including personality, working capacity, and payments.
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