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Its not just the gig economy thats thriving.
Niche markets ranging from dog walking to graphic design are letting people earn extra money through their passion projects.
You dont want to quit your job and then be stressed over how youll cover your expenses.
You want a smooth transition, so you dont have to rush back to the workforce.
This is why you should focus on being as efficient as possible until you might transition.
The key to balancing it all is to plan carefully and stay organized, explained Kullberg.
Dont bite off more than you could chew.
You should also involve your family in this process since this decision will impact your dependents.
Kullberg added, Create a budget for any tools and resources you better pay for.
Set aside money forself-employment estimated tax payments.
Invest in a good digital portfolio or whatever technology you gotta do your job well.
This will hurt your bottom line since you have to cover all your expenses when youre fully self-employed.
Caitlyn Moorheadcontributed to the reporting for this article.
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