WTOP News’ Post

I want to talk about stability as a goal for freelancers and founders. We hear about the six-figure incomes, the flexibility to pick projects and work around our children, and I'm absolutely here for all of that. I believe transparency is what helps give others a leg up. But when I returned to freelancing just over a year ago, my number one driver was a desire for stability. - Stability from being reliant mostly on myself and my skills for my income - Stability from not being so impacted when letters about stopped or dropped child maintenance come through the door - Stability in the satisfaction that comes from consistently working on interesting projects that I get to choose - Stability from consistently investing in myself through making time and opportunities to continually learn Stability isn't always wearing a comfortable cardigan, driving in the slow lane or staying in a job just because there's a steady salary. Sometimes stability is something we have to aim and strive for. And it's oh so worth it. Do you agree?

If you have ever work as a part time instructor, work with Uber, Or made money with AirBnB you have been in the Gig Economy. Welcome to the 21st Century where many are turning to side hustles and freelancing work as a way to make additional money and with the inflation we have been experiencing its becoming a necessity! For some of us like myself working in the Gig ecnomy has become our full time career as it encourages flexibility and more autonomy into our lives, however when it comes to managing finances and taxes it can be a challenge. You have come to the right place, in this presentation we will look at effective financial planning strategies to manage your finances and achieve financial security in your lives! #selfemployed #financialplanning #personalfinances #gigeconomy #entrepreneur #retirementplanning #financetips

Gather around FREELANCERS!!! Where are you all? Be a DJ, weekend bartender, content writer, Digital marketer or even a dog walker! Who cares what you are into? All that matters, is that you are making money right?? But, your income is not regular and it scares you? Well, here I’m to save your day by breaking down simpler ways of handling a gig economy. Obviously, you are dealing with unpredictable income, your paycheck might not be the same every month, so we'll talk about how to manage your money when it's not consistent. Understanding Taxes: Understanding how taxes work for freelancers, like what you can deduct and why it's important to set aside money for taxes. Saving for the Future: Since you don't have a traditional job with benefits, think of ways as to how to save for retirement and unexpected expenses. Having the Right Insurance: Look at health insurance and other types of coverage you might need when you're working for yourself. Negotiating Your Pay: Tips on how to make sure you're getting paid fairly for the work you do. Investing Your Money: Always find ways to grow your money, even if you don't have a boss setting up retirement plans for you. Using Apps to Help: There are tools and apps that can make managing your money and business budgeting easier. Building Your Personal Brand: Promoting yourself and your skills online can help you get more work and better-paying gigs. Connecting with Others: Networking and exploring how making connections in your industry can open up opportunities and help your career. It's about figuring out how to handle your money wisely when you're your own boss, and your income isn't as predictable as a regular job. PS - Here is one of my favourite pics from a million in my gallery 🙈 #freelancingtips #gigeconomy

Many people make a living from doing things in the gig economy like driving, delivering, or freelancing - often via online platforms such as Uber, Deliveroo and TaskRabbit. Some new HMRC rules are coming into force in January 2024. This news has caused people making money from the gig economy, either as a full-time job or as a ‘side hustle’, to ask questions about their tax position. In our article we explain the new rules from January 2024 and answer the most common questions. https://lnkd.in/eq87-fSZ #GigEconomy

"15 Low-Capital Work From Home Side Hustle Ideas," uncovers the inside scoop on an industry set to hit a whopping $14.39 billion by 2030! While over 50% of freelancers struggle to reach $55,000 annually, the allure of higher earnings keeps them hooked. Work from home, set your schedule, sounds dreamy, right? But it's not all rainbows and unicorns. Click on my recent Forbes article below to uncover the hurdles and triumphs in the world of online gigs. https://bit.ly/49gpu3Z

Question? What do Freelancers think of the rise in these fixed-term contracts I see popping up and being advertised? It seems like a bit of a bum deal for Freelancers. Agencies wriggling out of paying proper day rates with these fixed-term CONtracts just isn't cricket. What do people think? ps. It is worth pointing out that the places I have freelanced at have been great and paid a proper day rate, on time without fuss. How it should be!!

Discover the ultimate guide to side hustles that pay weekly! Dive into a treasure trove of lucrative opportunities that allow you to earn extra income on your own terms. From gig economy jobs and freelance projects to online surveys and delivery services, explore a variety of options tailored to fit your schedule and financial goals. Whether you're looking to supplement your income or pursue a passion project, unlock the power of weekly paychecks and take control of your financial future today! Read more 👇 https://lnkd.in/eEHMHvsW #sidehustle #makemoneyfromhome #remoteworklife

Sharks and tiburoneros are very much like the ecosystem of business. (Tiburoneros are shark hunters or fishermen who specialize in catching sharks) There are many freelancers and small businesses who feel like they are top dog, they believe they are as mighty as a Mako. But they are, in fact, just feeding on one another. You can witness this process daily on LinkedIn. Freelancers who hire freelancers who hire freelancers. Small businesses who hire small businesses who hire small businesses. But there are massive businesses - the “tiburoneros,” if you will. These are the ones filletting up the small businesses and feeding the carcasses back. If you’ve ever filed for a new domain or used your own address for the registration of a new company, you’ve seen this process at work. The large businesses smell blood in the water and they attack. So in business you have two choices: become the tiburonero, or be the shark that outsmarts them. Which one are you? ✌️ 🧡 🌮

Just a Thought! 2024 and beyond will be the years of freelancers and GIG economy will grow bigger and better in time to come and more streamlined. Its not only they will get more in freelancing than in a regular full-time job, but also will get more time to do multiple projects/freedom. When I started my carrier with the Airline 33 years back there were only Government Jobs and Private jobs. Today the Gen-Z & Gen-Y have abundant opportunities as everything and evolving and Bharat is moving much faster than ever. I learned gigging from one of my mentors " Jim Rohn who said "𝐖𝐨𝐫𝐤 𝟗-𝟓 𝐭𝐨 𝐡𝐚𝐯𝐞 𝐚 𝐥𝐢𝐯𝐢𝐧𝐠 𝐚𝐧𝐝 𝟔-𝟏𝟎 𝐭𝐨 𝐛𝐮𝐢𝐥𝐝 𝐚 𝐟𝐨𝐫𝐭𝐮𝐧𝐞 ". After coming across this Quote I started a Part time ( now called Side Hustle ) 26 years back and started working from 6pm to 10pm. Fast forward I got retired in April 2021 after working for the Airline for 32 years and my income now from my Side Hustle is more than 3 times. By utilizing your unproductive time wisely see what you can do: You will build a greater wealth. You will build a greater family. You will build a greater City. You will build a greater State. You will build a greater BHARATH for our next generation. 🤔 Picture credit to the creator.

My Experience on Upwork: 2- One aspect that truly sets Upwork apart is its unwavering commitment to ensuring that freelancers receive their deserved payments without any defaults. This financial security instills confidence and motivates freelancers like me to focus on delivering top-notch work. #upwork #upworktips #upworksuccess