Freelancing have much more unpaid time than fulltime work. As a freelancer, you will have breaks between contracts, unpaid time searching for your next gig, or

Freelancing have much more unpaid time than fulltime work. As a freelancer, you will have breaks between contracts, unpaid time searching for your next gig, or even more complex tax filings. You will spend unpaid time researching health insurance, 401k providers, and other HR concerns that are typically outsource for full-time work. As a freelancer, you have to purchase your own equipment. The typical rule of thumb is you take your day job hourly rate and multiply it by 2.