6 questions to ask yourself before you go freelance

Here's what working for yourself could mean for your finances — and your daily life

Freelancing.
(Image credit: iStock)

When I walked out of my office six months ago, I had no idea if what I was about to embark on was even going to work; but I had to do it. Leaving behind 17 years of a very stable, financially secure career felt irresponsible — especially to go freelance. Questions swirled in my head those first few months: Did I make a mistake? Do I have the personality to stick this out? What happens if I can't make enough money? What about my retirement? And the one doubt that seemed to always invade my thoughts: Was this the right time to make a major life decision?

But here's the thing: There is no perfect time to change careers. Chances are, if you wait for that "golden moment" to make your move — when everything feels just right — you'll be plugging away at your current job until you retire. So, before you pack up and give your boss notice, take some time to honestly answer these six questions to determine if you're ready for a full-time freelancing career.

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