Pros and Cons of Fulltime Freelancing

Working fulltime as a freelancer certainly has its benefits: I can make my own hours, even though those hours, which begin early morning, often stretch into the night. I can run some errands and not worry my boss will think I’m playing hookey. And, I can pick and choose what jobs I want to take, except at this stage of the game, I still find it difficult to turn down any job. Yet sometimes those benefits look somewhat skimpy when I wonder what would happen if I became ill for more than a few days.

It’s not as though I have an office staff that could keep the business humming, if I were incapacitated. It’s just me, alone. I do have health insurance, but it’s not what I’d had when I worked for a corporation. In other words, it’s rather minimal. Yet, I know I should consider long-term care insurance that would protect me if I were bedridden for weeks or months. I even have the paperwork in my desk drawer, but I hesitate to take on another bill. Will that hesitation end up costing me more than tapping into my budget? Sure, working as a freelancer has its risks and yet, business is doing quite well now and I’m not ready to give up working from home. I suppose the only ideal situation would be if I were independently wealthy. I’m sure that has its drawbacks, too, though. At least I’ll tell myself as much as I roll out of bed in the early morning hours and boot up the computer.