If you freelance, you can usually set your own hours. You may be extremely busy one month and at a standstill the next month in your freelance practice. Use the slow times to rest up and to find new ways to find freelance gigs in your field. Also use the time to improve your website or investigate other ways you can market your freelance services.
Freelancing is what the "American Dream" is all about for many people. Low costs and little time and hassle to get started with a great deal of independence. In the vast majority of cases you will be able to work from home. You won't have to convince your employer it's a good idea to let you telecommute.
Freelancing is also a great way to help keep your head above water if you find suddenly find yourself unemployed. It can help tide you over until you find other work, all the while giving you valuable experience in client service and giving you exposure to a variety of projects. Who knows, after you've been a freelancer for a while, you may decide you like being independent and stop looking for employment!
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