How Can I Have a Consistent Income as a New Freelancer?

There are thousands of remote work jobs on various freelancing platforms. If you are thinking of working remotely you may have this question in your mind- how can I have a consistent income as a new freelancer? After all, each of us has bills and expenses at the end of the month and we need to have consistent income for living. Does freelancing give the opportunity to earn a steady amount each month? Well, here we are to clarify things for you. 

How Does the System Work

First, let’s understand the main payment strategies in freelancing. In fact, most freelancing platforms offer several payment versions and payout opportunities. The freelancer can choose to work either on fixed price jobs, (which are basically short-term contracts) or hourly jobs (which are usually long-term contracts). The difference between those two is significant and if you want to know what’s the best for you, check out the tips below. 

Choose the Right Platform

So, when exploring new job posts you should know what kind of contracts the platform offers. For instance, Upwork offers both hourly and fixed price jobs. Fiverr also offers hourly jobs to help freelancers build long-term client relationships. The choice is up to you which type of job to choose. 

When you read the job description it clearly shows all the requirements including the type of the contract the client prefers. Depending on the type of the job, the client may offer either way of contract. Both of you can discuss those details in your chat, when the job offer is still in the phase of negotiation. 

Multiple Clients

Another way to make sure you’ll get paid each week or month is having multiple clients at the same time. Check your schedule and workload and consider taking on more job opportunities if you can. If you see that you are able to manage working on different projects simultaneously and if that doesn't affect your work quality, then keep working with several clients at the same time. 

Having multiple contracts will allow you to earn more money. In this case you can opt for both fixed price and hourly contacts not to lose an opportunity. For instance, in the search for an hourly contract you may lose some fixed priced job opportunities. So, whenever you get an invitation for a fixed price job, don’t ignore it. Those small jobs can become long-term client relationships and steady hourly contracts. 

Hourly Contracts

Talking about hourly contracts, It’s important to note that hourly contracts are safer and more ‘serious’ than fixed price jobs. When the client offers an hourly contract, chances are high he wants to work with you on a long-term basis. 

Thus, you can get paid weekly making sure Upwork ensures payment protection. This is how you get a consistent income each week. If you are a top rated freelancer you’ll receive your payments even earlier. 

Final Words

Now, watch the video below to learn  more about remote work jobs in 2025.