When my old company shut it's doors I gave myself a month to make a career decision. I could either try and find another job or freelance. It was during this month I talked to my old manager and other freelancers that I knew. This actually secured me a couple of leads that would allow me to survive for the first month. That's when I made the choice to do this full time, in hindsight it seems like a rash decision!
Feasibility wise - you have to be reasonable with yourself. I knew that I was taking a pay cut. I cut down on a lot of my expenses. And thankfully my parents helped me out with rent. Eventually, I started to pull in larger projects. But this was only after 4-5 months of living frugally.
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When my old company shut it's doors I gave myself a month to make a career decision. I could either try and find another job or freelance. It was during this month I talked to my old manager and other freelancers that I knew. This actually secured me a couple of leads that would allow me to survive for the first month. That's when I made the choice to do this full time, in hindsight it seems like a rash decision!
Feasibility wise - you have to be reasonable with yourself. I knew that I was taking a pay cut. I cut down on a lot of my expenses. And thankfully my parents helped me out with rent. Eventually, I started to pull in larger projects. But this was only after 4-5 months of living frugally.