ADVENTURES IN FREELANCING
4 Lessons I Learned From My Fulltime Freelance Writing Income Report
7 streams, 4 clients, $6374.50, and 57 hours in November: I’ve got screenshots.
Freelancers don’t have the luxury of waged jobs. At my old 9–5, I put in 40 hours a week and received a stable salary. If I had a productive week and worked 55 hours, I earned the same amount. If I focused on emails and had no client calls, it didn’t affect my income at all.
As a full-time freelance writer, my income is much more variable. Especially since you should have more than one income stream (I have 7 now), it’s paramount to track your time to understand how you’re managing your clients, yourself, and your own freelance career.
I use a free tool, Clockify, to track my time. My goal was to have a better idea of where my time went, how much it was worth, and where I should invest more of it. My findings revealed a lot more than that.
These were my key takeaways:
- I spent around 60 hours working last month, averaging ~15h/week.
- My biggest time investment was on YouTube, which also paid the least. ($13/hour)
- I need to figure out a better system for activities that have two…