If you’re thinking of quitting a salaried position and going freelance instead, you’ll be in good company. More than 70 million Americans worked in a freelance capacity in 2022, according to Zippia, and it’s estimated that 36% of the U.S. workforce participates in freelance work.
Being a freelancer certainly has its benefits and drawbacks. On the plus side, you commonly get to set your own hours, and you can say no to work that doesn’t interest you or you feel isn’t worth the pay being offered.
On the flipside, there’s no steady paycheck to be had when you’re a freelancer. You might see $2,000 hit your bank account one week, only to earn absolutely nothing the week after that.
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