2. Evaluate Your Life Goals and Get Ready Financially
Prior to starting to think about a specific freelance writing career, you must imagine the outcome in case it doesn’t suffice.
In the course of working as a freelance writer, you’ll definitely encounter all sorts of rigors like:
- Clients refusing to pay their invoice as at when due
- Clients denying payment of their invoice
- Potential challenges, problems, or failures arising unexpectedly from your payment processor (Account limitations, chargebacks, fraud cases, and lots more)
- Having an enormous volume of assignments at a given time, while another time brings forth zero assignments
- Having discourse with clients over a misconception of some terms
All of these prospective challenges end up in the same occurrence springing up again and again: Not being paid! If you’re a freelance writer, you would agree that the most horrible thing that could happen to you is not getting paid. When you don’t steadily receive payments, you could start punching up the classified ads in search for an alternative job in no distant time.
As a consequence, you need to have a thoughtful financial objective in mind while deciding to dump your regular job for a full-time freelance writing career. It’s also important to be sure of a robust financial ball game prior to resuming a lifestyle as a full-time legend freelance writer.
Before starting a freelance writing job, you must ensure to do away with all end user debt while at the same time saving 8-12 months worth of livelihood disbursements in an exigency fund. If your venture eats so deep into your cache funds after three months, it may be the right time to rethink freelance writing as your preferred career choice.