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Finding the Time to Freelance and Parent

Freelancing and parenting on their own are two extremely challenging activities. But when you’ve got to combine both freelancing and parenting this challenge can turn into an uphill battle.

 

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With running my own business, I am having the time of my life doing my own thing from home and making money. But I must admit that juggling both working from home and parenting 2 under 5 has its fair share of challenges especially when it came to managing my time.

As always, I’m here to share my tips with you. For all the parents who are freelancers out there, if you’re finding it difficult to create time for freelancing because you’re swamped with parenting, here are some tips for you.

 

  1. Steer clear of anything that will distract you

Scrolling through social media, watching TV or flipping through magazines may be harmless at first glance. However they can take away your precious time. Time is limited and so you need to clear away anything that has the potential of eating up your time.

Limit the time you spend on social media. Commit to using it only three times a day for a short period of time. Keep your phone away while you’re working.

Getting rid of distractions also involves you informing your family members of your working hours. During these times you should not be disturbed unless there is an emergency. Setting such boundaries will ensure you have uninterrupted time to work.

 

  1. Build your schedule around your children

Although it may seem from the outside that taking care of children could take up all of your time, it will interest you to know that there are little pockets of time you can leverage on to have some work done. A good example is nap time. Nap times are ideal for you to finish a freelance project or two. You can also work when your child falls asleep at night. Since my kids started reception, I now do 85% of my work while they are at school and 15% at night when they are asleep. I hardly work weekends these days and when I do, I make sure to do my work when they are in bed.

Do your kids have activities that keep them busy? Use that time to work as well. On school days, when the kids are not at home, you can focus on your freelance work.

 

  1. Locate short batches of time

Most freelancers feel that it is practically impossible to have work done in less than an hour. Some even think that they have no time to work unless they have long stretches of time to work on their freelance projects.

The truth is that you can get work done when it’s broken down into smaller batches of time. For example the 10 minutes you spend reading the newspaper at the breakfast table could be used to do some research for an article that you have to submit to a client. The 20 minutes you spend waiting for your kids at the parking lot for them to close from school could be used to send emails to prospective clients.

When you look hard enough you will find a few minutes here and there to get some work done.

 

  1. Set your priorities

Having time to balance work and parenting requires you to set your priorities right. Sometimes we engage in activities that only take our minds from our work and parenting.

When you set aside time to work or spend time with your kids you need to make sure that it’s non-negotiable. Don’t allow anything or anyone to steal into the time you allocated. This may be a little challenging but with practice you’ll get it right. All it requires is for you to remain focused.

 

Do you freelance and parent? How does it work for you? Please share your tried and tested tips in the comments section below.

 

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Why you need multiple streams of income

These days, I wear many hats. I am a writer, blogger and photographer. I write on Fashion and Style Police, collaborating with many brands on sponsored content. I also write for other websites as a ghost writer and I also handle blogger outreach for many clients. I have also recently added social media management to my portfolio which is forever growing. I now manage social media platforms for brands and I am seriously loving.Having multiple streams of income is the way to go, and I cashed in on that really early.

As soon as I decided to go self-employed, I knew I had to have multiple streams of income to keep afloat. Apart from all these jobs I do, I also have an eBay shop that does get really busy. Plus I wrote a book in 2016 that still brings in money. And I am not looking to take things easy anytime soon. I have a few more streams of income I am working on and plan to launch later this year so watch out for them.

 

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So why do you need multiple of streams of income? Here are a few reason why.

 

Cash Flow

Some streams of income can get really quiet at certain times in the year. Which is why it is very important to have multiple streams of income to keep your money coming in. Relying on just one stream of income as a self-employed/freelancer is very dangerous.

 

No Dull Moment

Everyday is different when you have multiple streams of income. I work with various brands everyday, doing different jobs and I love it that way. Variety is the spice of life!

 

Build Wealth Long Term

Building wealth long-term is possible when you have various sources of income. It is a smart to work and build wealth. Money worries keep many of us up all night. Paying up the endless bills every month with just 1 stream of income is almost impossible these days.

 

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An average millionaire has 7 streams of income. They are awake enough to understand the importance of diversifying and creating multiple streams of income. Earning money in different ways is the key to long-term wealth creation and financial freedom, which is the dream. Financial health is very important for our mental health, so it is essential we take control of it to live freely.

What are your thoughts on this? How many streams of income do you have? Please share your views in the comments section below.

Thanks for reading.

 

 

Freelance Careers for the Financially Savvy

 

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Working from home is the ideal for many people because it allows us to have the best of both worlds. You have a source of employment that you enjoy and the income that comes along with it, and you have the freedom to work from home to your own schedule (most of the time) with no more long boring commutes to deal with – it’s pretty great. Which is why freelance careers are amazing. 

If you’re someone who has a strong head for figures, one of the best ways to earn money as a freelancer is by getting into the financial sector. You wouldn’t necessarily think that there are many finance-related jobs you can do as a freelancer, but that is rapidly changing and there are plenty of rewarding options for the financially savvy amongst you…

 

Day Trading

Day traders are people who buy stocks, hold them for a short amount of time and then trade them on again, often making multiple trades in minutes, hours and certainly days. All you need to do this job – and I use the term loosely because it is much different than most jobs – is a decent amount of capital to get you started and a detailed knowledge of the stock market. Sure, you don’t have the much in the way of job security, but you have the potential to earn hundreds, even thousands of pounds each and every day and far more flexibility than you’d get with most other jobs, even freelance ones. I won’t lie and say it’s an easy thing to do, but if you have mental and emotional stamina, serious financial savvy and a working knowledge of the markets, it can be an extremely rewarding career choice.

 

Bookkeeping and Accounting

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You’ll need to train and get qualified to do this, but thanks to the abundance of affordable and flexible online masters in finance, accounting, etc., this shouldn’t be too difficult, and if you love working with figures it will definitely be worth it. More and more small and medium-sized companies, in particular, are hiring bookkeepers and accountants on a freelance basis to keep their costs down and this means there are plenty of great opportunities out there to pick up clients and earn a regular income in the finance sector.

 

Financial Writing

If you’re as good with words as you are figures, then a career as a freelance financial writer would be the right move for you. Experienced writers in a wide range of topics are always in demand now that the internet has us all reading so much more, so it really isn’t difficult to find work writing about personal finance, investments, banking, cryptocurrency and so on. Of course, if you don’t want to rely on others to give you work, you could even set up your own financial blog and try to make a living that way – blogging really is the ultimate in career freedom in the internet age!

 

Do you work in the finance industry as a freelancer? What is it you do? Do you like prefer freelancing to a regular 9-5?

 

*Collaborative post.

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