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Freelance with purpose: setting long-term financial goals for lasting success

Rahels
5 min readNov 12, 2024

Freelancing 101; work smart and worry less

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My friend is a freelancer. During our daily conversations, I was curious and asked him how they saw their future in terms of financial security.

He answered with this quote;

Being a freelancer is like doing financial cardio — sometimes you sprint to the bank, and other times you’re just jogging in place, hoping for a miracle! Tsh Oxenreider

Freelancers often experience income inconsistency, as their income is directly related to availability of work.

During periods without work, when freelancers are not hired, they often experience uncertainty and financial stress.

Income variability brings thoughts on how things may turn out.

Freelancing can feel like a rollercoaster. One month, you’re on top of the world; the next, you are upside down, wondering how to pay the bills.

That period without work can be a rollercoaster, therefore, freelancers need to learn to balance the highs and lows throughout their career journey.

At times of no work, many freelancers view the downtime as an opportunity to upskill, network, or focus on personal projects. Some appreciate the freedom as…

Rahels
Rahels

Written by Rahels

Hi, I share stories on Self improvement and personal finance tips. Welcome to my channel.

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