Why many freelancers live safer lives than employees

Wait a minute! A freelance job is safe? There is no regular income. How should I cover my monthly liabilities and living expenses? How can I survive? You don’t give up security by going freelance. On the contrary. You gain in security. In this article I would like to show you why this is so.

The words “security” and “freelance job” are rarely combined in our society today. Far too great is the fear of not finding a fixed salary on the bank statement at the end of the month. Since a disproportionately large part of our society consists of employees, this fear is multiplied accordingly.

The loss of the fixed source of income is usually the strongest argument against freelance work. When viewed in light, this means that dreams, passions, visions, self-realization and freedom are subordinated to money. This is very worrying and contributes to the stagnation of our society. All this because many are guided by fears. The greatest fear is often the loss of the monthly salary and the supposed loss of security that goes with it.

The error

Have you ever thought about employees relying solely on one source of income? Here is an example: You inherit 100,000 EUR, which you would like to invest at a good interest rate. You decide to invest in shares. Would you invest the entire amount in the shares of a company? It would probably be safer to buy the shares of different companies. If one of them filed for bankruptcy, you would still have a large part of your assets. In the other scenario, all the money is gone. So for security reasons, it would be completely crazy to bet everything on the shares of a company. When it comes to income, however, most people behave in exactly the same way. The worst thing is that many people sell this lifestyle as safer!

What does that mean in practice?

When it comes to financial investments, the term “diversification” is used, a term from economics. This involves spreading risks in order to secure assets. I would like to show what this has to do with careers using the following examples:

Example 1:

Anne works in an advertising agency. Every month she receives a net salary of 2,000 EUR on time. Due to serious mistakes by her superiors, the agency has lost an important customer. In order to avert insolvency of the agency, the managers decide to reduce staff to save costs. Unfortunately, Anne also has to go. Although she has been loyal to the agency for the last 10 years and is not at fault for the loss of the client, she is dismissed and loses her only source of income. She must reapply. Because there are only a few jobs in her area, she has to move to another region. She rarely sees her friends anymore. She also has to rent or sell the nicely furnished condominium because the distance to her new employer is too great.

Example 2:

Sabine works independently as a designer. After starting her own business last year she was able to win five customers with great effort. Her task is the design of newsletters, which are published monthly. After taxes and deductions, she has an average of 400 EUR per customer, which is also about 2000 EUR per month. One of her customers is doing badly. The customer decides to discontinue the newsletter. Sabine loses the customer. She still has 1,600 EUR per month. Until she has found a new customer she might have to accept cuts in her living costs. But she still has a solid basic salary and can stay in her region where she feels at home and has made many friends.


A job as an employee has become the most insecure way of earning money in our society today. Relying on a single source of income is anything but secure. Countless examples in the past have proven that job cuts occur even when companies are making healthy profits. Do not be intimidated by dithering and security fanatics. Many of the arguments are simply wrong.

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