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Seems reasonable for a freelancer. If you're doing less, you can work easier and worry-free as an employee. I'm 19yo, building software as a freelancer and earn
by throwmenow_0140 9y ago
Seems reasonable for a freelancer. If you're doing less, you can work easier and worry-free as an employee.
I'm 19yo, building software as a freelancer and earn 520$/day. If it would be less, I would try to get an employment. If you factor in employer's contribution to your pension plan and health insurance, sick days and insurances for freelancers e.g. IT liability insurance and income protection, this money is spent before it's earned. And you have to make sure that you always have enough contracts and that they don't interfere with each other.
I don't think everyone has to live such a life. It's a great relief to be in an employment without having to think about making money all the time. I chose freelancing because I want to choose what to work on and don't need any security for now, but I can imagine to work for $4,500-5,000/month in the future when I have kids and mortgages to pay for and need security.
The problem I have with freelancing is that you start to measure your life time in your hourly rate, because the time = money equation is ever-present. One has to be mature to resist this temptation, sometimes I'm not able to do it. It's a constant fight between the attitude that money isn't everything and the impression that it actually is.