You CAN Afford It: Independent Consulting

January 5, 2010 | Comments Off

People often tell me they are unhappy about their jobs, and they would rather be doing what I am doing: peddling my services independently of big corporation.

We all can do it. One thing we can’t do it is have our cake and eat it too. Many people want both:

  • Happiness – Freedom to do what you like to do best.
  • Safety net – apparent safety net of a “permanent” job.

Life is full of trade offs. And although I believe that if you have a passion for your career you will certainly do better alone than with big company, it is not without difficulties. A big, comfy cash cushion is the independent contractor’s most valuable asset.

In other words: it all comes back to the principles of spending less than you earn, and saving around 6 months of salary. That is… only if you think that freelancing will bring you happiness. Otherwise, your job may be bringing you more happiness than you think!

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