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Advantages and disadvantages of being a freelancer

This topic is also based on the article "The case, and the plan, for the virtual company". It really made me think and helped me sum up some of the advantages and disadvantages of my work.

So, advantages:
1 - flexible schedule which allows me (more or less) to spend time with my family, do all the chores and earn money.
2 - I am my own boss: I decide when I work, when I rest, when I take a vacation etc.
3 - a possibility to choose the areas I'll work in (or won't work in) and their wider variety than when I was working inhouse which keeps my brain active (one of the greatest advantages for me!)
4 - more money

Disadvantages:
1 - it's hard for family members to understand that if I'm at home it doesn't mean I have nothing to do (but it gets better with time usually)
2 - I have to take care of all the tax issues by myself (that's the biggest disadvantage for me because I hate to spend my free time on calculating my earnings, taxes and all that stuff. But on the other hand people in our tax office are very nice and helpful, so the only reason for me hating the whole process is just my inborn hatred to anything connected with numbers)
3 - there are quite a few people nowadays who specialize in Internet fraud (but as you get more experience you learn to distinguish them and even learn some names and contact details that you should avoid by all means)

These are a few things that I can think of right now. But I'll continue thinking and may be come up with more items in both lists, who knows :)




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