Balance Between Being a Mom and a Freelancer
You will agree that it is gratifying to quit the nine-to-five grind and take up your job in your hands as a freelancer. If you feel that you have been creatively muted and imprisoned intellectually and wish that you could make a living out of something that you love doing and on your own terms, or if you are a stay at home mom seeking to make a little extra cash in your free time, freelancing could be the solution. However, it can become hard to strike a balance when you have small mouths to feed and a whole host of parental duties and responsibilities. Here are some things that your friends who are into freelancing won’t tell you.
Don’t Rush to Quit Your Day Job
As a freelancer, you will be dependent on cultivating and expanding a portfolio of different clients who will keep you afloat with work and these relationships take time to build. Quitting your day job to take up freelancing is a great idea, but your risks rise exponentially if this is your only income source. Take the safer bet and establish your online presence by doing the much work you can when your creativity level is at its best and slowly build your client base and work portfolio.
A belief in your abilities is the most marketable quality. It is through this that your clients will feel safe entrusting you with their resources and money and feel that they are investing in the best deal. For emerging freelancers this can be tricky as they are still growing in confidence and often that they could be exposed as talentless frauds at any moment. It is important that you believe in your skills, abilities, and knowledge and as you grow, you will become more and more desirable.
Keep in Mind the Taxes
Note that it saves you a lot of cash that it costs to hire a tax lawyer and accountant and can ensure that you are not overspending on tax. Make sure that you have entered your business income and spending on a weekly or monthly basis to avoid tax nightmare come April.
You Must be Disciplined
It may seem simple, but managing your freelancing commitments alongside your familial obligations is a tricky path to walk on. You need to work along set hours and either setting up a home office or working away from home. You must discipline yourself and not get attached to other commitments when you have a deadline that is coming up really soon.
Know how to Chase for Your Payments
Even after finishing your work and sending the invoices, it can take time before you can get paid. It is crucial that you learn how to chase after your payments without badgering clients.