Tag: Freelancing Buzz

Benefits of Having a Side Hustle

Image source: Getty Images Extra income is one benefit that can come with working a side hustle. Here are some other great benefits. Side hustles are becoming more common. Many people are going to a regular job during the day and then working a part-time job, gig, or other opportunity that brings in additional income. Some people choose to do freelance work or start their own business, while others work a part-time job. The nice thing about working a side hustle is it allows you to bring in more money. If your regular job doesn’t offer the chance to work overtime hours or pick up extra projects, working a side hustle may make sense. According to Zapier, one in three Americans works a side hustle . That number could rise significantly this year as more people explore new gigs and opportunities. The survey also found that 24% of Americans plan to start a side hustle this year. These stats show the popularity of working extra gigs and exploring new work opportunities while working a full-time job. Why is this kind of lifestyle so popular? It’s likely because of the benefits that side hustles offer. By submitting your email address, you consent to us sending you money tips along with products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Statement and Terms & Conditions . Increase income Unless you work a job in sales or have a position where you get regular yearly raises, it may be difficult or impossible to increase your income. Many employers pay a set salary and don’t offer the opportunity for money growth. If you’re trying to save for a larger purchase or your living expenses have gone up, it can be hard to continue on the same salary that you’ve always had. Luckily, a side hustle can give you the chance to bring in more money. If you were to work a side hustle that provided an additional $200 per week, that would result in $10,400 of extra income each year. Pay down debt faster Some people choose to work a side hustle to pay down debt quickly. Whether you’re sick of staring at piles of bills or credit card debt , there may be a solution. Working a side hustle can help you increase your income. This can, in turn, give you more of an opportunity to pay down your debt faster. Paying your debt off sooner can result in less interest paid over time and can help you improve your overall financial situation. Save more Having a side hustle also provides another benefit: You can put more money into a savings account . This can help you prepare for a significant future expense, like a down payment for a home or a new baby. Another option is to work on increasing your emergency fund so you’re prepared for the unexpected. If you worked a side hustle that brought in an extra $1,200 […]

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Things You Need To Consider Before Going Freelance

There’s a lot to consider about your personal finances if you choose to go freelance and work from home There are lots of reasons that people decide to change up their working life, either by starting a side hustle while continuing with their principal job or by stepping off the corporate ladder and going freelance in their current profession. For some, the extra income is handy and a side hustle is framed as a monetised hobby. However, for many others, the goal of turning such a project into a principal source of income is the real dream. You become your own boss and set your own path, answering to yourself on your own schedule. No side hustle? No problem. Many more people are taking the plunge and leaving their jobs to go freelance in their current profession – be it design, accounting, writing, or any number of other industries. Either way, even if you are just supplementing your income with a side hustle, there are lots of things to consider if you choose to develop it further and work for yourself. Most pressingly, what moves do you need to keep your personal finances in top condition? Recommended A number of personal finance experts and certified financial planners gave The Independent their top tips for striking out on your own. Prepare to live off a lean budget Make sure you have money set aside in the bank as a cash cushion to live on, especially if going completely freelance, says Autumn Lax, CFP, financial planner at Drucker Wealth. “If you are thinking about leaving dependable income, we recommend at least six months worth of living expenses saved in your bank account.” Come up with a bare-bones budget in order to understand exactly what the essential expenses are that you need to run your life. “Make it lean,” says Mark Wernig, CFP and principal at Dowling & Yahnke Wealth Advisors. “Revisit all budgets and financial plans that you have in place and run them leaner than you usually do.” Certified financial planner Shannah Compton Game and host of the Millennial Money podcast says that it is important to know your “foundation number”. Most watched “This is the number that you absolutely have to pay each and every month,” she explains. “Your foundation number is made up of your fixed expenses, like your rent or mortgage, car payment, credit card minimum payment, groceries, etc. Once you know this number you have an understanding of how much you need to make to cover your monthly needs.” This is also a moment to review how much you are investing. Ms Compton Game suggests considering a pause on investments until you secure new employment in order to stay on top of your financial needs. Keep your business and personal finances separate This might seem an obvious piece of advice, but it is frequently overlooked in the rush to start a new venture. “Work out how much money you’ll need to get your business started – […]

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How To Make Money on Upwork

What Is Upwork? Upwork is a marketplace that connects freelancer contractors to potential clients. Clients post jobs they need to be completed, and the freelancers can bid on the jobs they’re interested in. Upwork is currently the largest freelance marketplace in the world. One of the advantages of using Upwork is that it’s a non-vetted marketplace, making it easier for beginners to get started. Upwork does require new freelancers to get their profile approved to ensure there’s a need for the service they offer. But unlike other platforms like Lemon.io or Toptal, it doesn’t only accept freelancers in certain specialties . Overall, Upwork makes it easy for freelancers to get started and begin making money right away. But make sure you’re thoughtful about the clients and jobs you take on, so you aren’t taken advantage of. How To Make Money on Upwork 1. Set Up Your Profile The first step to making money on Upwork is setting up your freelancer profile. To get started, you’ll click the “Sign Up” button and use a Gmail or work email address or an Apple ID to create your account. From there, you’ll add in your personal information, work history, and highlight the services you plan to offer. Make sure you fill out all of the information, or at least until Upwork says your profile is 100% complete. 2. Verify Your Identity One of the changes Upwork has implemented in recent years is that it requires freelancers to verify their identity before they can apply for work. Once you’re verified, you’ll have a badge on your profile that potential clients can see. This helps you build trust and credibility with potential clients. The first step to verifying your identity is to use a government-issued ID, like a driver’s license or passport. From there, you’ll go through a video verification process where an Upwork employee will ask you a few questions about your profile. 3. Choose Your Pricing The next step is to choose your pricing. You can either set up hourly or fixed-rate projects with clients, and there are pros and cons to both options. If you use the hourly pricing option, you’ll log your time on the Upwork app. The advantage of hourly pricing is that Upwork guarantees you’ll get paid for the work you’ve already completed. However, as you get faster and more efficient at your work, an hourly price could cause you to lose money. With fixed-rate pricing, you and the client will agree to a set amount for the entire project. This ensures you aren’t just trading time for money, but it can be easy to undercharge for big projects if you’re new to freelancing. 4. Start Applying for Jobs Next, it’s time to start applying for jobs so you can find your first client. Fortunately, you can never run out of jobs to apply for on Upwork . For your first couple of jobs, you may have to accept a lower rate until you have some social proof. […]

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5 Essential Software for Every Freelancing Creative

Freelancing comes with its own set of challenges. Much like remote work, being productive and accomplishing tasks on time are the basic requirements. To make work easier every day, these five unique essential software are necessities of every creative freelancer. HP ENVY x360 1. Time management apps Simplify freelancing work and get more tasks done efficiently with the help of a time management app. A time-tracking software allows one to make daily plans to organize their work and schedule tasks more proficiently. One example would be Time Doctor, which provides reports with detailed insights of one’s accomplishments, weekly. 2. Software for notes Note-taking is vital when identifying the valuable parts and notable highlights during meetings. Jot down thoughts and ideas, down to the most important revision, with a note software like Evernote. With this app, be able to record the discussions from meetings and be able to backtrack the most important agreements, which might otherwise be missed. Taking down notes during meetings is more fun and efficient with the HP Envy x360 in tablet mode. 3. File-sharing software Sharing files between freelancers is a non-negotiable aspect when doing freelancing work. In most cases, one has to deal with large files, and transfer them from one device to another, all for the sake of collaborative work. Most, if not all, file-sharing software, need an internet connection, but there are apps now such as SuperBeam, which allows sharing files via Wi-Fi direct technology or even with a QR code. 4. Project management tools Setting milestones for a particular project is one of the most tedious tasks for freelancers. To sort out tasks and optimize collaboration, a project management software is a must-have. Download apps like Freedcamp and be able to manage your calendar, schedule the project, form to-do lists, and create various tasks Work on projects with comfort and ease and meet deadlines with an efficient & smart laptop like the HP Envy x360 that fulfills the needs of freelancers. 5. Accounting software Apart from successfully achieving proper time management, freelancing also requires managing finances, precisely. If writing invoices or anything that has to do with accounting is a dreadful thought, use a tool that offers these benefits and more. One good example of a software that can easily get this done is Due, which is a secure way to manage invoicing systems, including payments from employers. These various software options will make every freelancer a productive and efficient worker. But downloading these apps also requires a powerful device that is capable of delivering consistent high performance while dealing with volumes of tasks. With the help of the HP Envy x360, easily bring creations to life without limits. This laptop can work up to 10 hours and 45 minutes without any disruptions, thanks to its AMD Ryzen™ processor. The laptop also comes with high-grade security features and as an added bonus, the screen is likewise equipped with a 360-degree hinge allowing it to either be used as a tent or a […]

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How To Pick A Freelancing Niche

How To Pick A Freelancing Niche – Beginners Guide If you’re new to the freelancing world and don’t know where to start, this is the guide you need to read to find out how to pick the right niche for you. LOS ANGELES , CALIFORNIA, UNITED STATES, July 21, 2021 / EINPresswire.com / — Once you decide to enter the freelance world, you’ll hear this a lot – pick your niche! It’s everywhere – in the freelancing guides you’ll read, in the podcasts you’ll listen to, even in the random conversation you’ll have with fellow freelancers , you’ll hear this quote. However, one question arises itself – how to choose your niche if you’re only a beginner at freelancing, don’t know where to start, and don’t have the slightest clue what you want to do? Well, that’s why we’re here. The editors at Brybe Marketplace decided to create this guide for all of you new freelancers out there and help you choose a freelance niche that fits your skills, lifestyle, and desires. Let’s start by answering one simple question. What’s A Niche? Simply put, a niche is a particular part of the market that suits your needs and passion and helps you differentiate from your competition. A niche is not always an entire industry – like real estate, for example – it can be just a part of it, but a part where you can utilize your skills the most, enjoy your work and make quite the profit from it. There are two factors to consider when picking out your niche: working experience and your USP (unique selling point). If you have experience in specific fields, it can give you the confidence to better sell and promote yourself and get the job done. So, when picking out your niche, you should focus on your past working experience. But, as experience is something that everyone will make over time, you should focus on building your Unique Selling Point, too – the thing that separates you from your competition. Find the uniqueness in your services or skills and present it in a way that’s both admirable and effective. It may sound easy, but actually, the road to get here can be pretty bumpy. Plus, many freelancers, especially those who are new at this, think that narrowing down their skills will limit their options, and that’s the next point we need to clarify for you. Why Do You Need To Niche Down Your Skills? So, just for the sake of our arguments, picture this: you’re opening your web design and development company, and you need someone to build your website together with you. So, you start your search for a qualified copywriter. You run into two types of freelancers. One of them is all like, “Sure, I can do that for you! I can create the content for any kind of website you like, no problem!” – too confident and not personalized at all. But the other one starts to ask questions […]

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Best Gig Economy Jobs

Gig jobs can go by many names — freelancing, side hustles, temp jobs or contract work — but they all operate under the same basic principle. Workers move from one assignment to the next, selecting the jobs they want and working under conditions they choose. “The gig economy gives you ultimate flexibility,” says Ross Buhrdorf, founder and CEO of ZenBusiness, a company that provides tools to freelancers and entrepreneurs who want to start a business. The platform has helped 150,000 new businesses launch since March 2020, compared to 30,000 in the year before. While gig work is traditionally thought of as relatively unskilled side hustles, such as driving for ridesharing services, the scope of this sector is actually much larger. There are plenty of opportunities for white collar workers as well, says Austin Fox, CEO of digital staffing firm PeopleCaddie. Here are five examples of great gig jobs across a variety of industries: — Delivery Driver. — Writer/Editor. — Accounting/Finance Professional. — Software Developer/IT Consultant. — Environmental, Health and Safety Worker. [ SEE: 10 Best Part-Time Jobs to Pay the Bills. ] Delivery Driver For traditional short-term gig jobs that let you work when and where you want, being a delivery driver provides maximum flexibility plus good earning potential. Whether they are delivering food via DoorDash, groceries through Shipt or home improvement purchases on the Roadie app, drivers often receive a flat fee for deliveries plus customer tips. Delivery work is especially good for those who don’t want to commit to future jobs. Today’s delivery app companies make it easy for workers to log on at any time to find jobs that can be completed immediately. Writer/Editor Journalists and writers are among the popular professions for freelance workers, says Morten Petersen, founder and CEO of freelance marketplace Worksome. While some in this profession write for traditional publishers such as newspapers and magazines, digital media has opened up new avenues of work. Professionals are needed to write, edit and proofread online articles, website content and marketing materials, for instance. Freelance writers and editors may find assignments through referrals from their network, or they may pitch story ideas to publications. Websites such as Worksome, Upwork and FlexJobs can also connect writers to available opportunities. [ SEE: 20 Best Jobs You’ve Never Heard Of. ] Accounting/Finance Professional Tax associates, auditors and accountants are among the professional workers that are in demand for contract work, according to Fox. “Anybody that is basically in the client services field,” he says. Contingent labor providers such as PeopleCaddie can connect companies with freelancers, or work may be available through platforms such as Worksome and Upwork. Some professionals may decide to go the self-employment route as financial advisors and find individual, rather than corporate, clients. Software Developer/IT Consultant Software consultants were among the most popular businesses launched via ZenBusiness since last spring, Buhrdorf says. However, any occupation in the field of informational technology may be a good choice for gig work. Companies often need graphic designers, website […]

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11 Tools Every Freelancer Should Use

Best Freelancer Tools 2021 Being a freelancer is not easy. You’re the boss, the employee, the accountant, everything. Here are some tools that can simplify the life of any freelancer. LOS ANGELES , CALIFORNIA, UNITED STATES, July 20, 2021 / EINPresswire.com / — By now, you’re probably aware of the fact that the freelance market is on the rise. We’ve talked about it in one of our previous blog posts – Why You Shouldn’t Miss Out on Starting Your Freelance Career in 2021? Working from anywhere, being your boss, choosing your own clients doesn’t sound like a bad way to earn a living, right? But, just as Peter Parker, many freelancers-to-be should learn the same lesson – with great power comes great responsibility. Freelancers need to wear many hats to maintain their lifestyle and income, which can be stressful. Luckily, we live in a time where technology is on our side, and freelancers can use it to improve their productivity, effectiveness, and overall job success. That’s why Brybe’s editorial team will share 11 tools that can help any freelancer become better at their job. Let’s start. Working & Organizational Tools There’s one tool that freelancers from all industries can use – Google Drive. Google Drive You’ve probably heard about Google Drive one way or another – it’s a cloud storage service by Google, enabling you to have access to all the files, media, and other important files for you. It’s free, and you can access it only by creating a Gmail account. Google Drive offers 15GB free storage and for any additional storage, you can check out the paid plans. Most freelancers choose Google Drive as their all-in-one tool because of its simple interface, easy synchronization, and access from all devices- especially iOS, and Android. Google Drive enables you access to their software tools – Google Docs, Google Spreadsheets, Google Forms, etc. You can use them all to write documentation, organize your work, prepare presentations, and many more. You can share all these files and documents with your clients. Plus, you can use Google Meet for your meetings – once you schedule a meeting, it’ll automatically get added to your Google Calendar too. As a freelancer, it’s important to keep track of meetings and deadlines, so the best way to be organized is to use a calendar. Next, let’s check out other tools as well. Project Management Tools If you’re one of those lucky freelancers who work with one client only, you might not even need a project management tool. But, many freelancers out there prefer to work with multiple clients. The freelancers at our Brybe Marketplace like that way of working, too – it gives them flexibility and a chance to learn and work for numerous clients. It sounds impressive, but it’s a challenge to keep everything going smoothly. That’s why you need to use certain project management tools to make things easy on yourself. Asana Asana is an all-in-one project management tool designed to help teams and […]

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Here’s Exactly How to Retire a Millionaire

A quick internet search will yield hundreds of recommendations on how to become a millionaire next week. There will always be people peddling questionable methods to reach millionaire status in no time, with very little — if any — work to get there. The reality, however, is that most people who follow the trending fads often do more to lose themselves money than anything else. There are tried and true ways to become a millionaire, and if you happen to get lucky by winning the lottery, then that’ll be nothing more than a fortunate bonus. Here, we’ll take a look at the core behaviors that can help you retire — and help you stay — a millionaire. 1. Actively earn an income While most of us have heard of the dream of passive income, you’ll need to actively earn an income to develop a capital base, first. Living off of your investment income is a great idea, but the starting money has to come from somewhere. While you don’t need to earn a massive income, it’s a good idea to do something that actively brings in money — at least when you’re starting out. Over time, as your investment accounts grow, you should have passive income in the form of dividends and capital gains, in addition to your active income in the form of W-2 wages or freelance income. 2. Max out your tax-advantaged accounts For most people, this means contributing the annual maximum to your Roth IRA and employer-sponsored retirement plan , like a 401(k). Not only does this allow your investments to grow unencumbered, but it also allows you to limit annual taxation. Making it a habit of contributing the maximum (or as much as possible if you don’t immediately have the cash to contribute) should make it relatively easy to push your net worth to new heights. An important point to remember: Once you’ve contributed money to these accounts, make sure it’s invested. A vast number of people will simply contribute money to these accounts and the money will sit there in cash, earning little to no interest. It’s usually best to take the active step to invest the money in broad market index funds for sustainable results over time . 3. Don’t micromanage your investments Substantial research has shown that actively trading your account is likely to cost you in taxes, fees, and investment results. Savvy millionaires know better than to trade in and out of the market, with many opting for passively managed, broad-market, low-cost index funds . This method of investing allows you to take advantage of long-term capital gains rates (which are lower than ordinary income tax rates) and frequently provides greater returns than if you were to try and pick stocks based on feel. Passive investing is also a great demonstration of humility: None of us knows for certain where the market is headed next. If someone says they know, reiterate to yourself that they don’t. By focusing on asset allocation […]

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9 Mistakes to Avoid with Your Side Hustle

The Motley Fool Starting a side hustle can be a great way to boost your income , improve your skills, and save more money. A study done by Zapier found that one in three Americans currently have a side hustle. That number is expected to grow this year and beyond. While this kind of opportunity can be great for your finances and life, you want to make sure that you’re prepared. Doing your research and knowing what to expect can help you avoid frustrating hurdles along the way. Do you want to begin a side hustle ? Here are some mistakes to avoid when starting out. 1. Choosing a side hustle that requires a big financial investment >Some side hustles require no financial investment or almost no money to start. These opportunities can provide a great way to bring in extra funds without having to spend a lot upfront. Unfortunately, some people don’t do research and choose opportunities that require a significant financial investment. This can make the whole process more stressful, and for some, it may result in wasted money if they don’t continue to pursue the side hustle long-term. 2. Ignoring marketing efforts Many side hustles require you to handle your marketing and sales efforts. If you’re working through a platform, there may be a lot of other people offering the same services as you. That means it’ll be harder to get noticed. You need to consider what marketing and sales strategies you will use to bring in more business. Additionally, you need to allow time in your schedule for marketing efforts. If you ignore marketing completely, you may struggle to get business, or your extra income may not amount to much. 3. Charging too little You may decide to freelance or do consulting work as a side hustle. Doing this can be an excellent way to use your skills and knowledge to bring in extra income. But you should consider your level of experience and charge accordingly. If you charge too little, it can be challenging to bring in enough extra money, and you may end up feeling burnt out too quickly. Charge enough to make your time worthwhile. If anyone has a problem with your higher rates, remind them that they get what they pay for, and they’re paying you for your expertise. 4. Overworking yourself Some people struggle with managing their time when they have a side hustle. They may get too excited about the prospect of an extra work opportunity and overbook themselves. It’s important to give yourself plenty of time for your regular work commitments, family and friend responsibilities, and enough time to rest. 5. Choosing a side hustle that you don’t love >You want to choose a side hustle that you enjoy. Otherwise, it will become a chore, and you won’t want to devote your time or energy to it. Consider your passions and interests and see if you can find a side hustle that brings you joy. If you don’t, […]

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Finding Freelancers: Web Developers

As a charity, your website has a big job to do. It can be your core communication channel, merchandising platform, fundraising tool, and a vital source of information and support. You need to get it right. And to do that you need the right people. If you haven’t got the in-house expertise, hiring a freelancer can be the way forward. And while there are pros and cons to hiring freelancers , the biggest pro is being able to buy in expertise that you wouldn’t necessarily be able to afford (or need) full-time. What is a web developer? The first thing to note is that a web developer is different from a web designer. A web designer focuses on the visuals of the website (branding, logos, style, etc.). While a web developer puts together the nuts and bolts of the site. It’s a much more technical role. Most developers will be able to write code in several languages, like HTML, JavaScript, or CSS and will be great problem-solvers. Take a look at our basics for web development to find out more. As an example, if your branding needs updating on the site, you’ll need a web designer. If you need to improve your mobile site, you’ll need a web developer. And if you’re starting a website from scratch, you’ll need both web developer and a web designer. There are three main types of developers: Front-end developers code the user interface of your website, the part that users interact with. A front-end developer works on anything a visitor sees, clicks, or uses on your website. They often have user experience expertise Back-end developers work on the hidden structure of the website, in essence – how your website works. For example, if you need to integrate with a third-party payment system, or store data in a database, you’ll need the help of a back-end developer Full stack developers do both. While they can cost more per day, they bring the benefits of being able to work on both front and back ends Below we look at some advice to help you choose the right freelancer. Clarify what the job is Be specific about what needs to be done. And that might not only be creating a new website from scratch. You might need a web developer to fix a glitch on a payment page, make your existing website mobile responsive, or build a new fundraising tool. Decide exactly what the scope of the project is and what are your absolute deadlines for delivery. Being definite right from the start will help you find the right person who can deliver on time. It will also help to prevent the project parameters slipping – having unclear boundaries isn’t helpful to either party. Define what experience the freelancer needs Working from your scoping document, you’ll have a clear idea of the technical skills they’ll need. But also consider other attributes. Is knowledge of similar charities a plus for the project? Or would it be beneficial […]

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