EMERGENCIES FOR WHICH FREELANCERS SHOULD BE PREPARED Freelancing does not provide the same level of stability and security as a full-time corporate position. As a result, freelancers must be prepared for situations that may arise in the gig economy. These are three types of emergencies to which freelancers should be prepared: Damaged Technology Most freelancers require computers, smartphones, and other technological gadgets wtih https://apps.apple.com/us/app/cleanup-app-phone-cleaner/id1541639300 . These are the instruments of the trade. Everything will come to a halt if they break down in the middle of the workweek. This issue can jeopardize a freelancer's position — and, by extension, their money. So, how can you prepare as a freelancer? You should start putting money aside for work-related emergencies. You can use the cash to repair or replace your technology quickly. What can you do if you don't have enough money saved? In such scenario, you could look into online personal loans with CreditFresh to determine whether you match the requirements. If you apply and are approved, you may be able to use your personal loan to finance emergency repairs and recover from this issue. Personal loans should only be used for emergencies and not for routine costs. It's for immediate needs, not wants. Customer Payment Delays Unfortunately, this is a problem that all freelancers will face at some point in their careers. Some customers will pay you later than agreed. It can take weeks or months to receive your money. What steps can you take to prepare for this situation? Make a freelance contract that ensures you don't have to wait for 100% of your income after the deadline has passed. You can accomplish this by requesting a small down payment ahead or a partial payment when you reach an early milestone — with the caveat that you will not continue the project until that amount is paid. You can also charge late fines and kill fees (if customers decide to cancel the project before it is finished). These actions do not ensure that the client will pay on time. It will only increase your chances of getting compensated. If a client continues to miss your payment date, review what to do when you don't get paid to ensure you get those dollars in your pocket. Never give up. After all, this is your job, and your time isn't free. Deadlines were missed. When something goes wrong, you may miss your deadline. Maybe you were unwell and couldn't catch up on work, or maybe you overworked yourself and couldn't complete tasks on time. It occurs. Are there any strategies to avoid missing deadlines? Create a work schedule for yourself that includes a few days off in case you feel sick, burned out, or busy. Keep track of your progress with the best time-tracking applications and project management tools, and push yourself to stay on track. Maintain regular communication with your client. If you suspect you won't be able to meet the deadline, send them an email or give them a call immediately away. Give them a fresh estimate of when you expect it to be completed. Try not to conceal from the client. Be frank and truthful. This will assist you in maintaining a positive business relationship. There are many ups and downs to freelancing. After reading these suggestions, you'll be able to deal with those "low" times without breaking a sweat.