Employee or Independent Contractor?

Answer These 5 Questions Before You Go Freelance

Freelancer at laptop typing

From Time Money, Carrie Smith/Wise Bread, offers great advice to workers who are thinking about becoming a freelancer to think about questions such as what is your bare minimum budget, do you have other sources of revenue and do you have a back up plan.  Anyone considering being a freelancer should review Carrie’s recommendations.  She writes:

Be smart about quitting your day job

Planning to quit your day job to become a full-time freelancer can be the most exciting transition in your career. You gain control over your own schedule, and have the freedom to choose the type of projects you work on.MOREThese are the Most Depressed WorkersYou’re More Likely to Be Enthusiastic at Work If You Have a Female BossSix Baltimore Officers Indicted for Freddie Gray’s Death NBC NewsTwo Unarmed Black Men Shot by Washington Cop NBC NewsBoy Scouts President Urges Change to Ban on Gay Leaders NBC NewsBut with this excitement comes a lot of financial questions and planning. In order to make the leap from your day job as smooth as possible, here are five questions to ask — and answer! — before becoming a full-time freelancer.

Read the full story at Answer These 5 Questions Before You Go Freelance 

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