Freelancing can be an exciting career path, one that offers flexibility, lucrative pay, and the chance to work on projects you’re genuinely passionate about. But with that freedom also comes a lot of uncertainty, especially when you’re making the transition from a stable job to going solo full-time.

A lot of freelancers start out with a side hustle, dipping their toes into the waters while still holding onto the security blanket of a regular paycheck. For some, remote roles already mimic aspects of freelance life with flexible hours, working from home and more independence, but you’re still technically under someone else’s umbrella.

That was me. My full-time job allowed remote work, so I was already enjoying some flexibility. I started picking up freelance projects after work, juggling deadlines between my 9-to-5 and my side hustle. It was overwhelming at first, but eventually, I became comfortable.

And I was fine being comfortable. I had the best of both worlds: steady income and extra freelance money. Then life made the decision for me.

I got laid off.

At first, I panicked. But once I took a breath, I realized I was in a better position than most. Thankfully, I already had a side hustle that was bringing in income. So instead of scrambling to find another office job, I decided to go all in on freelancing. Looking back, it was one of the best things that could’ve happened.

The Reality of Going Full-Time

Let’s be real: freelancing full-time isn’t all about sipping coffee at a co-working space and working from the beach (unless your Wi-Fi is really good). The lack of a guaranteed paycheck and company benefits is a real challenge, especially if you’re a breadwinner (as many are in the Philippines), but so is the potential to earn more, set your own schedule, and create a work-life balance that actually works for you.

The key is being realistic, prepared, and open to learning along the way.

Before You Make the Leap

If you’re considering freelancing on your own terms (hopefully not because you got laid off like I did), here are a few things I highly recommend preparing:

Financial Cushion

Aim for 3–6 months of savings to cover your essentials while you’re building your client base. Freelance income can be inconsistent at first, and having a safety net reduces stress. Make sure to factor in expenses like SSS, PhilHealth, Pag-IBIG contributions, and health insurance, which won’t be automatically deducted like in a corporate job. Luckily, I had some money saved up when I was laid off, and even though I had to budget and cut out unnecessary costs, my side hustle was enough to sustain most of my monthly expenses.

Update Your Resume

You probably already have a resume from your corporate life, but now’s the time to refresh it. Highlight remote-friendly skills, tools you’ve used (like Canva, ClickUp, Notion), and all the transferable experiences you’ve gained from side projects, volunteer work, or short-term gigs. Tailor your resume to speak to freelance clients, not just HR departments.

Start a Client Base

Use platforms like Upwork, Freelancer, Fiverr, or OnlineJobs.ph to find jobs for freelancers related to your niche. You can also network on Facebook groups and LinkedIn for freelancers. I had a recurring client already when I went full-time, and that gave me a starting point to build upon.

Clear Pricing Strategy

Know how much you need to earn to replace your salary and how to price your services. Factor in exchange rates, payment platform fees (PayPal or Wise), and local taxes when setting your rates. When I started, I was so scared of losing clients that I accepted low rates, but as I gained more experience, I learned how to price my work properly.

Business Mindset

You’re running a one-person business. Learn how to send professional invoices, follow up on payments, manage client expectations, and set boundaries. I had no clue how to do any of that when I started, but I learned. You will too.

Find a Mentor

This was huge for me. I already had friends in the freelancing world who gave me feedback on my resume, practice interviews, and even helped with client referrals. Don’t be afraid to ask for help. Freelancers are some of the most generous people you’ll meet.

Exit Strategy

If you’re still employed, think about how you want to transition. If possible, ask your current employer if they would consider hiring you as a part-time remote worker instead. This way, you have a financial buffer while transitioning to full-time freelancing.

Leaving on good terms with employers also keeps doors open if you ever need to return (or want referrals!). In my personal experience, one of my previous managers hired me for freelance work when it was still my side hustle – and that made all the difference for me.

The Mindset Shift

Freelancing full-time isn’t just a change in career but also a change in mindset.

You need discipline, patience, and a bit of faith. Some days, you’ll be on top of the world. Other days, you’ll wonder what you got yourself into (especially when a client ghosts you or a project falls through). That’s normal.

I’ve had days when I seriously considered going back to a corporate job. But every time, I reminded myself of why I chose this path — more freedom, personal growth, and the chance to build something that’s completely mine.

So if you are wondering if you should take the leap, I hope this helped you see that yes, it’s scary, but it’s also absolutely doable.

And if you plan well, keep learning, and stay connected to a support system, freelancing full-time can be one of the most empowering decisions you’ll ever make.

Got questions or thoughts? Message me on Instagram @virtualtita. Let’s talk freelancing, personal finance, or anything in between!