How to Become Financially Secure as a Freelancer

[Nomad]

Freelancing allows you to choose your own jobs and own working hours, however, it also comes with a risk of not being able to make high income on a consistent basis. Your earnings depend on how many clients hire you and how much they pay for each task, your income also depend on what you can do, and whether your skills attract high paying jobs or not. Sometimes you might not be able to earn anything for days when you are sick, or when you are not hired. As a freelancer, what do you do to become financially secure?

 

[Springtime]

I have been working as a freelancer for many years. Yes, freelancer cannot expect to have a stable income every month. I try to build a loyal customer base by offering good quality service. With a stable and loyal customer base, my income is relatively stable over the years.

 

[Sanjeev]

I have never been a freelancer but what I think is lack of consistent work and changing pay rates are the main reasons why it is risky. But still the quality content and presentation skills may be helpful in getting projects.