The upside of being a freelancer / contractor is that you make 100% of the rate you charge. The downside is that you have to take care of all the overheard as w

The upside of being a freelancer / contractor is that you make 100% of the rate you charge. The downside is that you have to take care of all the overheard as well (lead generation, benefits, tools, accounting, etc). If you're able to charge a high enough rate, then yes you will make more money than you could in most full time positions. But this depends alot on your ability to market yourself and handle the overhead I mentioned.