Some advice: Get some clients before you do this. I tried to go contractor after my last job and didn't make any money as I spent most of my first month getting

Some advice: Get some clients before you do this. I tried to go contractor after my last job and didn't make any money as I spent most of my first month getting a client, and the second month finalizing the details and working on the project. Two months for $2500 isn't much if it's your only client. The trouble I encountered was working as a web dev at a marketing agency before. They were strict about working for "potential clients", which meant anybody with money... My advice: Get at least 5 projects lined up for the foreseeable future (next 3 or 4 months) and also save up about six months of money for bills and your normal expenditures minus savings. This will help you invest in a business for at least, 8 to 12 months, working with 5 or 6 projects and tiding your other 6 months with savings will be the worst case scenario. Best case you find more clients and don't even get to touching that money.