• Ash

Freelancing: What Is It? How Much Money You Can Make?

Updated: May 6, 2021

Before you decide to take the leap into freelancing, it's important that you know what's freelancing, the benefits of freelancing, how much money you can make with freelancing.


Freelancing has become a popular choice for people who are looking for flexible work from home jobs. How much can you realistically expect to earn from freelance?


The answer varies depending on what type of freelancer you are.


How much money you make from freelancing, depends on you.


If you are working full-time, you'll probably make more than those who freelancing part-time.


If you are lazy, you won't make as much money as someone who works extra hard.


If you freelance for an hour a day (Monday to Friday) and charge $20 per hour, you'll make exactly $400 per month (minus fees and charges, if any).


I mentioned how Morgan Overholt made about $500,000+ in 3-4 years flat. Then, there's Danny Margulies who made around $200,00+.


Here are my own earnings:





See? It's not like there's a fixed salary. I mentioned earlier that freelancing is as much a business as any other business.


What's Freelancing?


Freelancing is a term that has been around for centuries. In fact, it's believed that the first freelancers were skilled laborers in ancient Greece and Rome who had no ownership of their labor but instead sold their services to other owners.


The individual would then go to work for whomever they pleased and would be paid by the day or hour.


Freelancing is a term that has been around since the late 1800s. The Oxford English Dictionary defines "freelancer" as “a person who works in a particular profession or trade on their own account and under no obligation to any specific employer”.


This definition applies to both self-employed people such as painters, gardeners, lawyers, designers, etc., and people who work for themselves in more traditional professions like teaching, journalism, music composition,