If you suddenly get laid off, you'll need to do something in order to keep an income stream coming in. The sooner you can do that, the less financial trouble you'll be in. While you can look and look for jobs and hope you get hired, you could decide to freelance on day one and try to find work independently.
If you have had an urge to be your own boss anyway, becoming a freelancer may be a good way to do it. You can even continue your job search while you freelance.
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