3 Lesser-Known Pitfalls of Freelancing
Being a freelancer means getting to call your own shots, set your own hours, and work on projects that are interesting and/or meaningful to you. But there are drawbacks to be aware of, too. Some of those may be pretty obvious, like the fact that your income will be variable (and perhaps nonexistent some months), and that you'll lose out on workplace benefits, like health insurance, paid vacation time, and money for retirement. But here are some pitfalls of freelancing that may not immediately come to mind.
Finding clients is only half of the challenge when it comes to freelancing. Even if you're fortunate enough to secure a steady stream of work, you'll often grapple with clients who are late with their payments or, worse yet, try to get out of paying completely.
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Source Fool.com
