It was all so different when you were employed. Now you’re master of your own time, time management is key. One of the big ups of freelancing in the chance to take time off during the week, to go for a swim when the pool is at its emptiest or meet a mate for a long lunch. However in order to do this AND have money to pay for the treats you need to plan ahead. Work out how much you need to earn each month to pay your bills and have spending money. Allow for tax and National Insurance too. You might wonder what this has to do with time management….but time is money. Your income will depend on the hours you put in. It may take a while to work out how much work you need to do to earn the amount you need to live, and it can take time to build up enough good contacts to have a ready flow of commissions too. You may spend more time pitching or generating business in the early stages so try to have some cash in reserve.

Antonia Chitty is author of Family Friendly Working (www.familyfriendlyworking.co.uk), A guide to Promoting Your Business (www.prbasics.co.uk) and a number of parenting and health books. She has a book on earning a living from writing, The Commercial Writing Guide coming out in July 2009 . You can find out more about her own freelance writing career at www.antoniachitty.co.uk and her PR business at www.acpr.co.uk.