What Should You Do Before Becoming a Filipino Freelancer?
A freelancer is a self-employed individual who provides services to clients yet is not devoted to any certain employer. The average monthly income for freelancers in the Philippines is about Php 39,000 as per the National Wages and Productivity Commission of the Philippines. While, men rule the freelance world. The Philippines is one country that stands out for having a larger-than-average percentage of women in the labor force.
According to the Global Gig Economy Index published by Payoneer, an online Payment platform, the Philippines was the sixth fastest rising place for freelancers in 2019. This kind of chance to make money isn’t uncommon to the country, and it’s one of the reasons why the Philippines is ranked so highly. They are all entrepreneurial and like to work when they can, where they can, and go off to enjoy the nice beaches and mountains when the mood takes them. The freedom that working in the Gig Economy provides fits perfectly with the Filipino spirit.
Below, we’ll go into more detail about the online freelancing market to inform you about what you should do first before becoming a Filipino freelancer.
First, be ready to make a change; quitting your 9-to-5 is not something you can do overnight. Before making a major move, freelancers advise newbies to conduct their homework and establish a strategy. In other words, save up some money. It’s best to save six months of your full-time income prior to freelancing. That way, you can focus on growing your freelancing career without needing to stress over money.
Second, get your freelance tools together – A desktop or laptop computer and internet access are required. The internet is essential for online freelancing. You must also have access to a suitable working environment. It might be a little space in your home that has everything you’ll need to operate. And the most vital tool, develop your portfolio, which may close any sale even if you haven’t begun working.
Lastly, you must learn how to submit your taxes and pay your government payments. As an employee, your employer will do all this. But all these things become your responsibility when you freelance full-time.
