FREELANCING and Thriving
Bona|March 2020
New #BONAMoney contributor, Sinesipho Maninjwa, unpacks everything you need to know to be a freelancer.
Sinesipho Maninjwa

Greetings! I am delighted to be joining the BONA family as your new personal finance contributor. I am a chartered accountant and business analyst. One of my passions is making issues around the economy and money accessible, so I’m excited to unpack money topics that matter to us. As young female professionals in the employment space, we are facing a grim reality of rising unemployment in a stagnant economy that has seen wages remaining the same while the cost of living keeps increasing. To keep my head above water, I’ve had to take on side hustles to create additonal income. Freelancing, with the developments in technology, is no longer just for students or those between jobs. It is now for anybody with the necessary time and skills. In 2020, it has expanded outside the realm of creatives, such as jobs in advertising, media and entertainment. You can now find freelancers in almost every area of expertise including HR managers, lawyers, teachers, doctors, nurses, etc. Management consultant, Siphe Kala, explains some of the benefits.

The ability to choose clients and projects.

The option to work anywhere and at any time, as well as choosing your own working hours.

The opportunity to increase your earning potential because freelancers can charge slightly higher rates.

The ability to increase your network.

Being able to refine your skills as a professional. Although freelancing has many perks, it also has some challenges. And, whether it’s your main source of income or a side gig, these tips can ensure that you become financially stable.

GETTING STARTED

The most important things for a freelancer is revenue as well as sourcing clients and projects that will adequately pay for your time and effort. The new age has spawned several platforms that enable you to advertise your services to gain clients. These include local and international platforms such as:

upwork.com

linkedin.com/profinder

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