{"id":19243,"date":"2025-01-09T15:33:08","date_gmt":"2025-01-09T15:33:08","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/a-freelance-writer-reflects-on-five-years-in\/"},"modified":"2025-01-09T15:33:08","modified_gmt":"2025-01-09T15:33:08","slug":"a-freelance-writer-reflects-on-five-years-in","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=19243","title":{"rendered":"A Freelance Writer Reflects on Five Years In"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"code-block code-block-3\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<p style=\"text-align: center;\"><em><span style=\"font-size: 12pt;\">(This page may contain affiliate links and we may earn fees from qualifying purchases at no additional cost to you. See our <a href=\"https:\/\/womenwhomoney.com\/disclosure-policy\/\" target=\"_blank\" rel=\"noopener\">Disclosure<\/a> for more info.)<\/span><\/em><\/p>\n<p>\u00a0<\/p><\/div>\n<p>In early 2018, I left my corporate career in human resources to go on what I then called a sabbatical.<\/p>\n<p>Five years later, I\u2019m a freelance writer, business coach, and writing mentor. <\/p>\n<p>The in-between is a journey I reflect on often, and I\u2019m grateful to have the opportunity to share it with you.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-why-i-started-freelancing\">Why I Started Freelancing<\/h2>\n<p>I started freelancing accidentally. During my sabbatical, I launched a blog that partially focused on personal finance.<\/p>\n<p>I made connections within the niche via social media and, after a while, wrote a guest post for a prominent website in the space.\u00a0<\/p>\n<p>When I got paid for my work, a lightbulb went off. If I could earn $50 writing, I could earn $500, $5,000, and more.<\/p>\n<p>So I immediately started looking for platforms I could contribute to regularly. My first steady client was Women Who Money!<\/p>\n<p>As a few dollars turned to thousands, I realized I had met the goal of my sabbatical: finding a location and schedule-independent way to earn a living. That way, I could fully show up for myself and those I loved.<\/p>\n<p>I could work around my life rather than live around my work.<\/p>\n<p>Want to know more about my backstory? Check out this <a href=\"https:\/\/womensmoneytalk.com\/women-money-entrepreneurship-meet-laura-gariepy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Women\u2019s Money Talk<\/a> article.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" alt=\"Female hands with pen writing on notebook and using laptop\" class=\"wp-image-70367\" srcset=\"https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes.jpeg 1024w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes-650x325.jpeg 650w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes-150x75.jpeg 150w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes-768x384.jpeg 768w\" data-lazy-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes.jpeg\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes.jpeg\" alt=\"Female hands with pen writing on notebook and using laptop\" class=\"wp-image-70367\" srcset=\"https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes.jpeg 1024w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes-650x325.jpeg 650w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes-150x75.jpeg 150w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2023\/02\/business-woman-taking-notes-768x384.jpeg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-freelancing\">Benefits of Freelancing<\/h2>\n<p>During the last half-decade, I\u2019ve enjoyed many benefits from freelancing \u2014 some expected, some a surprise.<\/p>\n<p>Of course, I\u2019ve loved:\u00a0<\/p>\n<ul>\n<li>Creating my own schedule, entirely in charge of where and when I work.<\/li>\n<\/ul>\n<ul>\n<li>Being able to scale my freelance business up or down based on the ebb and flow of my life.<\/li>\n<\/ul>\n<ul>\n<li>Choosing which clients to work with and which assignments to accept.<\/li>\n<\/ul>\n<p>But I\u2019ve also deeply appreciated:<\/p>\n<ul>\n<li>Forging relationships with other freelancers and entrepreneurs (they are your friends, not competition!)<\/li>\n<\/ul>\n<ul>\n<li>Gaining confidence when it comes to asking for money.<\/li>\n<\/ul>\n<ul>\n<li>Getting pushed out of my comfort zone (time and again!).<\/li>\n<\/ul>\n<ul>\n<li>Being able to fully step away from my business for more than three months when my dad passed away in 2019.<\/li>\n<\/ul>\n<p>I knew from the get-go that freelancing would provide the freedom and flexibility I wanted.<\/p>\n<p>But I didn\u2019t realize how much that would matter until my father got sick. Then, I got to put everything else in the world on hold to focus on him, my family, and my mental health after his death.<\/p>\n<p>Freelancing gave me the precious gift of time.<\/p>\n<p>I also couldn\u2019t predict how much growth I would experience as a small business owner.<\/p>\n<p>I\u2019ve met more people and gained more knowledge in the last five years than in the 30+ years before!<\/p>\n<p>Related: <a href=\"https:\/\/womenwhomoney.com\/quit-to-freelance\/\">Should I Quit My Job to Freelance? [The Pros &amp; Cons]<\/a><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-challenges-of-freelancing\">Challenges of Freelancing<\/h2>\n<p>Naturally, my journey hasn\u2019t been all chai lattes and impromptu naps. Despite mostly enjoying the ride, I\u2019ve also dealt with my fair share of challenges.<\/p>\n<p>There have been obvious issues, such as:<\/p>\n<ul>\n<li>Not having employer-sponsored benefits (namely health insurance and a retirement savings plan match)<\/li>\n<\/ul>\n<ul>\n<li>Not getting paid when I don\u2019t work<\/li>\n<\/ul>\n<ul>\n<li>Having to navigate paying my self employment taxes (I recommend getting an accountant as soon as you start making real money.)<\/li>\n<\/ul>\n<ul>\n<li>Having to always hustle for new and better clients<\/li>\n<\/ul>\n<ul>\n<li>Budgeting with variable income (the feast or famine phenomenon is real!)<\/li>\n<\/ul>\n<p>But I\u2019ve also experienced some unanticipated hiccups, like:<\/p>\n<ul>\n<li>Losing multiple clients in a short period<\/li>\n<\/ul>\n<ul>\n<li>Having potential clients express interest in working together and then ghosting me\u00a0<\/li>\n<\/ul>\n<ul>\n<li>Dealing with projects that didn\u2019t play out as advertised<\/li>\n<\/ul>\n<ul>\n<li>Chasing payments for completed work (I thought I would need a lawyer to collect several thousand dollars from a client. Fortunately, it didn\u2019t come to that.)<\/li>\n<\/ul>\n<p>My biggest takeaways from these challenges are continuously fostering connections in your network and getting all gig details ironed out in advance and documented in writing.<\/p>\n<p>That way, you can call upon your circle when you run into tough times, and there\u2019s never any question about how a project should go.<\/p>\n<p>Plus, you have a legal document to back you up if a deal goes wrong.<\/p>\n<p>Read: <a href=\"https:\/\/womenwhomoney.com\/going-freelance\/\">Before You Go Freelance, Do These Things<\/a><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-if-i-had-to-start-again\">If I Had To Start Again<\/h2>\n<p>If I had to start again, would I do anything differently? Part of me says no, but part of me says hell yes!<\/p>\n<p>On the one hand, I believe everything I\u2019ve experienced has shaped me into who I am.<\/p>\n<p>I like who I am and think I\u2019m exactly where I\u2019m supposed to be (even though I\u2019m still far from achieving many of my goals).\u00a0<\/p>\n<p>But, on the other hand, I\u2019m wiser now than I was then, and it would be nice to use that insight to build a better business faster.<\/p>\n<p>So, if we magically went back to February 2018, here\u2019s what I\u2019d do:<\/p>\n<ul>\n<li>Write more guest posts \u2014 and write them sooner. Doing so might have helped position me as a personal finance authority and led to gig opportunities.<\/li>\n<\/ul>\n<ul>\n<li>Buy fewer courses and take more action. I\u2019ve purchased more courses about online business than I care to admit, and many of them sit unfinished and unimplemented.<\/li>\n<\/ul>\n<ul>\n<li>Develop passive income streams as early as year two. I\u2019m still trying to get a few of those projects going. Had I started in 2019, I may be collecting a decent amount of cash from them by now.<\/li>\n<\/ul>\n<ul>\n<li>Work more hours. I\u2019ve enjoyed the freedom of freelancing a little too much\u2026 and my finances reflect that!<\/li>\n<\/ul>\n<p>Unfortunately, my Delorean is permanently in the shop, so time travel is impossible. But I\u2019m trying to take my own hypothetical advice into consideration now!<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions\">Frequently Asked Questions<\/h2>\n<p>Here are a few things you may be wondering about:<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-how-do-you-stay-motivated-to-be-your-own-boss-when-so-many-other-things-may-pull-you-away\"><strong>How do you stay motivated to be your own boss when so many other things may pull you away?<\/strong><\/h3>\n<p>The truth is \u2013 I haven\u2019t always been great at this. There have been periods where I didn\u2019t work nearly as much as I should have.<\/p>\n<p>I can name many reasons for this (some legit, others not so much), but the bottom line is that my motivation has waned from time to time.<\/p>\n<p>When I catch myself in a slump, I find that necessity and long-term goals propel me to action again. I need cash to pay my bills <strong><em>and<\/em><\/strong> fund the future I want, so back to work I go!<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-has-artificial-intelligence-ai-changed-your-job-and-are-you-worried-about-it-replacing-you\"><strong>Has artificial intelligence (AI) changed your job, and are you worried about it replacing you?\u00a0<\/strong><\/h3>\n<p>Many freelance writers worry that AI tools like ChatGPT will eventually replace them. I don\u2019t think that\u2019s true.<\/p>\n<p>AI can aggregate and spit out information in an increasingly logical way. But the computer-generated words lack nuance and storytelling.<\/p>\n<p>Human writers can develop connections, stir emotions, and prompt action far better than the digitally-created copy.<\/p>\n<p>That said, AI tools can be useful to writers. They can help generate ideas for further research.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-should-freelancers-have-multiple-streams-of-income\"><strong>Should freelancers have multiple streams of income?<\/strong><\/h3>\n<p>100% yes! When you have several income streams, you reduce your risk of financial trouble when one or more dries up.<\/p>\n<p>However, freelancing (typically) inherently provides this buffer, anyway.<\/p>\n<p>Each client or project is a source of revenue. So, you\u2019ll have to think carefully about other income sources you\u2019d like to incorporate into your business.<\/p>\n<p>Personally, I provide coaching services to new and aspiring freelancers as well as professionals trying to become better writers.<\/p>\n<p>I\u2019m also exploring the idea of <a href=\"https:\/\/womenwhomoney.com\/eprintables\" rel=\"noreferrer noopener\" target=\"_blank\" aria-label=\"selling printables (opens in a new tab)\">selling printables<\/a> and freelancing-related merchandise.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-have-you-thought-about-going-gone-back-to-any-w-2-work\"><strong>Have you thought about going\/gone back to any W-2 work?\u00a0<\/strong><\/h3>\n<p>I maintained some part-time W-2 work for the first several months after quitting my full-time job.<\/p>\n<p>Doing so allowed me to preserve my savings while I figured out a plan to earn a living going forward. However, once I started getting a lot of writing gigs, I quit those roles to focus on my freelance business.<\/p>\n<p>Since then, I\u2019ve admittedly contemplated returning to a traditional job occasionally because I sometimes miss the steady paycheck and <a href=\"https:\/\/womenwhomoney.com\/employee-benefits-package-worth\/\">benefits package<\/a> I had in the corporate world.<\/p>\n<p>I even got deep into the hiring process with one company. However, when I think about everything I\u2019ve gained from self-employment, it becomes a no-brainer for me to stay the course!<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-will-you-shift-to-a-different-small-business-that-you-own-if-you-get-tired-of-burned-out-on-what-you-are-doing-now\"><strong>Will you shift to a different small business that you own if you get tired of\/burned out on what you are doing now?<\/strong><\/h3>\n<p>I can definitely see myself changing gears at some point, which is another excellent reason to cultivate additional income streams.<\/p>\n<p>Writing all the time can be a grind, so I won\u2019t necessarily do it full-time forever. However, I highly doubt I will ever return to traditional employment.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-how-do-you-stop-chasing-money-taking-on-too-much-work\"><strong>How do you stop \u201cchasing\u201d money (taking on too much work)?<\/strong><\/h3>\n<p>Just as there have been times when I worked too little, there have been times when I worked too much.<\/p>\n<p>When I find myself chasing money, I remember why I took that <a href=\"https:\/\/womenwhomoney.com\/work-sabbatical\/\">sabbatical<\/a> five years ago: to discover a way to earn a living <strong><em>and<\/em><\/strong> live my life.<\/p>\n<p>I must never forget (at least for long) that the second part is the most important!<\/p>\n<p>As my father often said, \u201cYou can always make more money, and you can\u2019t make more time.\u201d<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-do-you-build-in-vacation-time-for-yourself-do-you-have-set-days-off-each-week\"><strong>Do you build in vacation time for yourself? Do you have set days off each week?<\/strong><\/h3>\n<p>My schedule is extremely flexible. I take time off when I want to or when life demands it.<\/p>\n<p>I strive to work 4-5 days a week, but the days aren\u2019t always the same. I leave room for appointments, errands, events, illness, and even brain fatigue.<\/p>\n<p>Since writing is mentally taxing, I\u2019m sometimes not in the right headspace to do it.<\/p>\n<p>When I take a vacation, I do one of two things. I either work ahead and tell my clients when I\u2019ll be unavailable. Or, I\u2019ll bring my laptop along and write when everyone else is asleep. Both have worked well for me.<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-what-are-some-of-your-best-and-worst-moments-experiences-as-a-small-business-owner\"><strong>What are some of your best and worst moments\/experiences as a small business owner?<\/strong><\/h3>\n<p>Here are a few of my best moments and experiences:<\/p>\n<ul>\n<li>Earning my first freelance dollars<\/li>\n<li>Exceeding my monthly corporate income<\/li>\n<li>Negotiating for more money (this one never gets old!)<\/li>\n<li>Meeting my freelancer friends in real life\u00a0<\/li>\n<li>Helping other freelancers with their business<\/li>\n<li>Speaking at a conference<\/li>\n<\/ul>\n<p>And here are a few of my worst:<\/p>\n<ul>\n<li>Chasing a client for $6,000 \u2014 and being made to feel insignificant in the process<\/li>\n<li>Losing lucrative clients that I loved working with<\/li>\n<li>Owing taxes when I really couldn\u2019t afford to pay them<\/li>\n<li>Watching websites I wrote for cease to exist (there go those links in my portfolio\u2026)<\/li>\n<li>Doubting my ability to maintain and grow a business (this feeling creeps in periodically)<\/li>\n<\/ul>\n<p>I\u2019m sure that I\u2019m forgetting many highlights and lowlights. But the truth is, freelancing has given me more than it\u2019s taken, and it\u2019s absolutely been a net gain for my life!<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-final-thoughts\">Final Thoughts<\/h2>\n<p>I hope this account of my journey has given you a glimpse into what to expect as a freelancer \u2014 both now and in the years to come. But if you still have questions, I\u2019m a pretty open book. Feel free to email me to talk shop: <a href=\"https:\/\/womenwhomoney.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"2844495d5a49684d5e4d5a514c49514a515c404d4449434d064b4745\">[email\u00a0protected]<\/a><\/p>\n<p>Here\u2019s to your <a href=\"https:\/\/womenwhomoney.com\/successful-freelance-writer\/\">freelancing success<\/a>!<\/p>\n<div class=\"wp-block-group has-theme-palette-8-background-color has-background is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" alt=\"Laura Gariepy Headshot\" class=\"wp-image-65478\" width=\"150\" height=\"150\" srcset=\"https:\/\/womenwhomoney.com\/wp-content\/uploads\/2021\/04\/Laura-Gariepy-Headshot.jpeg 600w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2021\/04\/Laura-Gariepy-Headshot-500x500.jpeg 500w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2021\/04\/Laura-Gariepy-Headshot-150x150.jpeg 150w\" data-lazy-sizes=\"(max-width: 150px) 100vw, 150px\" src=\"https:\/\/womenwhomoney.com\/wp-content\/uploads\/2021\/04\/Laura-Gariepy-Headshot.jpeg\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/womenwhomoney.com\/wp-content\/uploads\/2021\/04\/Laura-Gariepy-Headshot.jpeg\" alt=\"Laura Gariepy Headshot\" class=\"wp-image-65478\" width=\"150\" height=\"150\" srcset=\"https:\/\/womenwhomoney.com\/wp-content\/uploads\/2021\/04\/Laura-Gariepy-Headshot.jpeg 600w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2021\/04\/Laura-Gariepy-Headshot-500x500.jpeg 500w, https:\/\/womenwhomoney.com\/wp-content\/uploads\/2021\/04\/Laura-Gariepy-Headshot-150x150.jpeg 150w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\"\/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p><!-- CONTENT END 2 -->\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>(This page may contain affiliate links and we may earn fees from qualifying purchases at no additional cost to you. See our Disclosure for more info.) \u00a0 In early 2018, I left my corporate career in human resources to go on what I then called a sabbatical. Five years later, I\u2019m a freelance writer, business [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[11397,5707,11398,1003],"dealstore":[],"offerexpiration":[],"class_list":["post-19243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-freelance","tag-reflects","tag-writer","tag-years"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Freelance Writer Reflects on Five Years In - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=19243\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Freelance Writer Reflects on Five Years In - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"(This page may contain affiliate links and we may earn fees from qualifying purchases at no additional cost to you. 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