Enjoy a Boss-Free Life…Earn an Independent Income

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Posted by The Savvy Retiree on August 29, 2016 in Money Saving Strategies, Personal Finances

 Cleo Murphy writing on independent incomes…

When oil company Shell International asked its employee, Charles Handy, to relocate to Liberia, he decided enough was enough.

He had been with the company for 10 years, working in London and Southeast Asia. He was tired of working in places he didn’t want to be…doing jobs he didn’t want to do.

So, he went back to school.

He joined an executive program at MIT and began looking at how companies organize themselves…in fact, how human beings organize themselves.

He predicted that full-time jobs were on the way out and that work would be outsourced to independent individuals.

That was 20 years ago and he is being proved right.

You don’t have to stay in the job you’re in anymore.

You can learn to earn independently and kiss the boss good-bye. (Well, maybe skip the kiss and just hand in your notice.)

A fundamental element of independence is the ability to generate your own income without relying on an employer to give you a job.

It puts you in control of your time and your finances. Scale up or down as you choose.

If full-time employment is declining, you might as well get ahead of the curve.

One of the great developments to emerge from the sharing economy is platforms where you can engage with people. In the case of earning, this means freelance websites like Upwork, Guru, Freelancer and others linking freelancers with companies that need their services.

This is where employers become clients. And the easier it becomes for them to get work done without employing people, the more they’re going to do that. Even Charles Handy couldn’t have predicted how technological developments would fast track his theories.

So it’s vital that you get your profile up there. Even now. Especially now. You don’t know the hour or the moment when your job is going to go.

You can start experimenting with freelance even while you’re still an employee. (I call it “planning your escape”.)

What’s wrong with having a little extra cash? You can use it to clear your credit card debt, enjoy a few extras, or save for a special purchase.

Whatever way you use it, it eases the financial pressure and makes you more independent.

Image: ©iStock.com/GaudiLab