Top 9 Ways You Can Make Money as a Freelancer

As a freelance writer, you can make money with numerous publications in various ways. If you’re new to the freelance world, however, or even if you’re just looking for some additional income streams, it can be difficult to know which routes to take and how exactly to get started. This article gives you some great advice about 9 of the best ways that you can make money as a freelancer!

1) Know your true worth

If you are good at what you do, don’t be afraid to charge more. With freelancing, the first thing people look at is your hourly rate. If they see that you charge $10/hr and someone else charges $30/hr, they will always go with the person who charges $30/hr. Don’t undercut yourself by charging less than what you are worth.

2) Don’t sign an exclusivity agreement

One of the most common problems with freelancers is that they are more likely to get taken advantage of by employers. Employers are more likely to take on an exclusive agreement, which means that you can’t work for anyone else while you’re working with them. This makes it hard for you to create any sort of income stability and can lead to you not being able to pay your bills.

3) Do some research before applying for jobs

Make sure to do research before applying for jobs and don't be afraid to ask questions. Find out how much the project will pay, if you are expected to work any hours besides the ones listed in the job description, and what tools you'll need. The more time you put into finding out about a potential job, the better off you'll be.

4) Write killer cover letters

A cover letter is an important part of the job application process since it provides the hiring manager with insights into your personality and professionalism. Cover letters are also a good way to make yourself stand out from other candidates. 

Include your contact information at the top of your letter and list the position you are applying for in the subject line. Address the recipient by name and provide a brief introduction about yourself, including any relevant information about why you are interested in this position or organization.

5) Update your CV and portfolio frequently

Updating your CV and portfolio is essential to getting freelance work. It's important to show potential clients that you're up-to-date with the latest skills and technologies. If you've been out of the workforce for some time, find a way to make sure your CV is updated with your latest accomplishments.

6) Build relationships with potential employers/clients

Networking is one of the most important parts of being successful in any field. As a freelancer, it's imperative to get out and meet people who might be potential clients or employers. Be sure to have business cards with you at all times, so when you run into someone you think could help your career, you can ask for their information. Be confident and don't be afraid to reach out!

7) Get your mindset right

To be successful, you have to get your mindset right. No matter how good you are at what you do, if your mind isn't in the right place, you won't make money. Write down why you want to work for yourself and keep it somewhere where you can see it every day. Read it aloud before bedtime each night, and read it aloud before you go to work each morning.

8) Start networking

It's important to start networking with your peers as soon as possible. Networking is an opportunity to ask for advice, share information, and make connections. If you don't take the time to network with others in your field, you might miss out on opportunities that are available only to people who are connected in the community.

9) Make sure you have income coming in every month

One of the best ways to start making money is by freelancing on sites like Upwork or Fiverr. These sites provide you with a place to find projects and clients, so you don’t have to spend hours and hours trying to find them. Freelancing can be more lucrative than working at your day job because you are in control of your pricing and how much time you want to dedicate to it.