Economic Security: Freelancing as a Fallback Plan
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Credit: Chi King on Flickr
Freelancing with a day job can do more than ‘just’ bring in a little side cash. While that does help, there are more advantages to consider. Freelancing is a way to distribute risk. Especially in uncertain economic times, it’s good to seek alternative forms of income than full-time employment. Having a single source of income leaves you vulnerable.
How secure are you at your current job? If you’re still in the 9-5 trenches, and vulnerable to layoffs, then developing a freelance side business is a fallback plan to consider. Let’s look at some factors that make freelancing ideal in today’s economic climate.
