{"id":150,"date":"2010-04-25T19:07:52","date_gmt":"2010-04-25T19:07:52","guid":{"rendered":"http:\/\/jobshuk.com\/yoni67\/2010\/04\/25\/slice-of-business-life-a-freelancer-goes-to-the-bank-to-apply-for-a-home-mortgage-loan\/"},"modified":"2010-04-25T19:07:52","modified_gmt":"2010-04-25T19:07:52","slug":"slice-of-business-life-a-freelancer-goes-to-the-bank-to-apply-for-a-home-mortgage-loan","status":"publish","type":"post","link":"https:\/\/jobshuk.com\/yoni67\/2010\/04\/25\/slice-of-business-life-a-freelancer-goes-to-the-bank-to-apply-for-a-home-mortgage-loan\/","title":{"rendered":"Slice of Business Life: A Freelancer Goes to the Bank to Apply for a Home Mortgage Loan"},"content":{"rendered":"

Slice of Business Life: A Freelancer Goes to the Bank to Apply for a Home Mortgage Loan<\/font><\/span><\/b> <\/p>\n

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<\/span><\/b>Those of you who are freelancers might have had a situation similar to the one in this article. Those who are thinking of going the route of freelancer: this article might provide you with a bit of insight into the financial world of the freelancer.<\/font> <\/p>\n

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You see, there are many<\/em>, many<\/em> benefits to leaving the traditional workplace, becoming your own boss and living on your own terms. No more traffic jams. No filling up the gas tank twice a week. No workplace politics. No obnoxious bosses. No superiors stealing your ideas and passing them off as their own. Yes, there are a whole lot of plusses and benefits. But financial stability? <\/font><\/p>\n

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Let’s take a look as we follow a certain work-from-home freelance writer as he goes to the bank with his wife in a recent effort to leave behind the world of apartment rental and graduate to the dream of home-ownership. Although the writer bears an uncannily striking resemblance to me, we’ll call him "Mr. Douglas."<\/font> <\/p>\n

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\"Face Loan Officer:<\/strong> "Well Misses<\/em> Douglas, your salary seems quite impressive."<\/font> <\/p>\n

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\"Girl Mrs. Douglas:<\/strong> "Well, I’ve been working nine-to-five at my company for four years now, steadily moving up the ladder."<\/font> <\/p>\n

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\"Face Loan Officer:<\/strong> "And I wish you continued success! So Mister<\/em> Douglas, let’s talk about your salary."<\/font> <\/p>\n

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\"Sas Mr. Douglas:<\/strong> "Okay. Let’s start with November, ’09 which was a great <\/em>month for me. I earned two-thousand dollars." He beams with pride from ear to ear.<\/font> <\/p>\n

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\"Face Loan Officer:<\/strong> "Very nice…And December?" <\/font><\/p>\n

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\"Sas Mr. Douglas:<\/strong> "Yes, December" he begins with a slight hesitation. "Five-hundred."<\/font> <\/p>\n

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\"Face Loan Officer:<\/strong> "I’m not talking about a week<\/em> in December Mr. Douglas, I’m asking about the month<\/i> of December."<\/font> <\/p>\n

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\"Sas Mr. Douglas:<\/strong> "Ma’am, the five-hundred was<\/i> for the month of December. I guess with the holidays and all of that… people were a bit too busy to think about writing projects. Things get kind of slow. There’s just a lot of downtime."<\/font> <\/p>\n

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\"Face Loan Officer:<\/strong> "I see." Her smile disappears, replaced now with a stern, stony-faced façade.<\/font> <\/p>\n

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\"Sas Mr. Douglas:<\/strong> "But Ma’am, if you go back to April, 2009, you’ll see I made twenty-three hundred dollars, my best month yet as a freelancer."<\/font> <\/p>\n

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\"Face Loan Officer:<\/strong> "Yes, but that amazing <\/em>month seems to be almost completely cancelled out by…this must<\/em> be a misprint…it says that in July you earned…this can’t be right…one hundred and seventy dollars?<\/em><\/font> <\/p>\n

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\"Sas Mr. Douglas:<\/strong> "It was the summer Ma’am. You know, people on vacation, trips to the beach, summer-break for students who account for a great deal of my work. And I guess that was when I was sick for a week. No paid sick-days for freelancers…"<\/font> <\/p>\n

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\"Face Loan Officer:<\/strong> "And six-hundred and twenty dollars for the entire <\/em>month of August?"<\/font> <\/p>\n

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\"Sas Mr. Douglas:<\/strong> "Still summer. It’s seasonal…the nature of the freelancing beast. B-But just look how things picked up in September!"<\/font> <\/p>\n

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\"Face Loan Officer:<\/strong> "Mr. and Mrs. Douglas…I’m terribly sorry I just can’t help you. Mrs. Douglas, you have a steady salary. It’s possible to see from month-to-month exactly how much you’ll be bringing in…but Mr. Douglas with you it can be…how can I say this nicely…feast or famine<\/em> from month to month. I’m sorry. Perhaps you’ll come back next year if your situation changes…"<\/font> <\/p>\n

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\"Sas Mr. Douglas:<\/strong> "B-But…please…"<\/font><\/p>\n

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\"Face Loan Officer: <\/strong>I’m sorry Mr. Douglas, you might just have to consider getting a real job<\/strong><\/em> if you want…<\/font><\/p>\n

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Yes, there are many<\/em>, many<\/em> GREAT reasons to become a work-from-home freelancer!<\/font><\/p>\n

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Waking up and already being at work. Completing your projects in pajamas rather than a business suit. Spending lunch-break walking the dog in the woods breathing in the fresh air as butterflies lazily float by. Flexible hours. And the list goes on. And on…<\/font> <\/p>\n

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If however<\/em>, you are looking for financial stability, the life of a freelancer might not be for you. It can be an economic roller-coaster ride. It is a life of not knowing what your salary will be from one month to the next. "Downtime" is an ever-present concern. Time between projects can be hours (ideally), days (mercifully), weeks (agonizingly)…or worse! Despite best efforts to drum up business, it is something which a freelancer has little control over.<\/font><\/font><\/p>\n

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Leaving the 9-to-5 life to become a freelancer is a decision to consider and weigh with the utmost<\/em> care. Just look at the recent trip to the bank which I…hmm…I mean "Mr. Douglas" took. "Yeah…Mr. Douglas." <\/font><\/font><\/p>\n

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Image credits: All images in this article are courtesy of http:\/\/www.all-free-download.com\/<\/a> <\/font><\/p>\n

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