6 Tips to Get a Freelancer Life

Being your own boss has its challenges there, but only organize the money and the routine that everything is easier. The goal of having more freedom will only be achieved if you plan to financial instability, typical of a freelance career, not impact your life negatively.

Kate Silverton is an author of this content and She working as content writer at Octa Logo. This is a logo design agency which provides custom logo design services online at very affordable prices. They serve across the world from their New Jersey based office.

"There is a profile of people who cannot work as a freelancer. Everything is a matter of organization and discipline, "says business coach Renato Pradillas, the Brazilian Society of Coaching. 

In recently published material, EXAME.com heard counters to clarify the costs involved in being autonomous, individual micro-entrepreneur or business owner. Now we explain in six simple steps how to plan a freelancer routine, in which work and personal life easily mix.

 

1. Prepare the change of life

Transition wage of life for the freelancer the least possible radical way, because you do not know exactly what will be your income. Prepare a "financial cushion" in the words of Coach Roberto Navarro, creator of the Institute Coaching Financial. "It is natural to take to make money in the beginning, to create networking and establish a customer base," he says. 

The ideal financial reserve needs to have a sufficient amount to pay for a year of their expenses, according to Navarro. To accumulate this money with interest, let it applied on an investment with liquidity as a CBD or title public, so you can withdraw the amount you need at any time.

For financial educator Eduardo Coelho, an amount equivalent to three months of expenses is enough. It also suggests doing work outside the company so you have more certainty that this choice will work. "People were already looking for their work regularly or was it just a specific project?" He asked.

 

2. Calculate your income in a new way 

Freelance Life can be a seesaw. In a few months you can accumulate multiple projects and earn a lot, but in others may run the risk of having less work than you would like. So it is safer to stipulate a target of how much you need to earn per year, not per month, as recommended by Navarro.

Remember also that you will not have benefits like health insurance and company pension fund, or paid holidays. Add these items in the expense list.

Another tip is to establish three different income targets: the minimum you need to win to survive, the ideal average and maximum, achieving very exceed expectations. They used to calculate if you need to get more work as guides Navarro.

Even after the routine as a freelancer meshing, Rabbit suggests keeping the habit of investing 30% of income in a short period of application, instead of 10% as usually recommended for employees. "Save 30% is a lot, but remember that there is no medical certificate for freelancers," he explains, to say that unforeseen can happen and you will have a guaranteed income.

To Pradillas, always have a reserve of at least six months of expenses is ideal. Every two months accumulated, he suggests that investors treat yourself with something you want to feel motivated to keep the reservation.

 

3. Find out how much your time to work

Pricing your time is essential. To find out how much your time to work, look for the competitors and for your audience. "Feel how your customer is willing to pay," suggests Navarro. If the weather is scarce or the delivery time is too tight, increase the price.

The financial coach also advises working with different price targets: the basic value of how much their service, the minimum price for which you accept to work and the standard discount if the customer asks to negotiate.

Pradillas suggests another way to calculate the price of their time to work: to share how you intend to make in the year by 2000, an approximate universal formula that usually work.

"This measure is important to understand where you should place your workforce and you will outsource," he explains. For example, if an hour of work cost more than the motorcycle courier charges to take an envelope to mail, more worthwhile to hire this service.

4. Pay a salary for yourself

To work on your own, you will have expenses that had not before, as the phone bill, travel costs and taxes that were deducted from the salary. Some all these costs and delete your net sales. 

"It is important to establish the salary you give to yourself, discounting the costs of the company. This is hard to separate conjoined twins, but it is necessary, "advises financial educator and teller Dora Ramos, the Fharos Accounting & Business Management.

Pradillas recommends organizing two worksheets of different expenses, one for freelance routine and one for personal life. The idea is to always project the following months based on the spending of the current month.

 

5. Prepare a work environment

You do not want the phone or the doorbell of his home hinder the workflow, but at the same time want to be able to leave to pick up their children at school or go to the gym in the afternoon? To balance productivity with flexibility, set daily goals. For example, meet 50% of the tasks until lunch time to get out and have a coffee.

"The important thing is that other activities do not hinder the achievement of targets," says Pradillas. He also advises create a working office, no TV on, and dress like leaving home so you have a greater sense of commitment.

6. Learn to show to others

Face the social networks as a channel professional and expose their projects to people. "Be on Facebook, LinkedIn, Instagram and Snapchat and keep an updated portfolio," suggests Navarro.

Keep in touch with customers after the services delivered and and never work out of time, as advised Coelho.

Also please note that any situation can be an opportunity to deliver new ideas and to network. Enjoy the flexibility routine to refresh ideas and give the right to do what you did not before, like going out for a coffee in the afternoon.