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Why You Need a Nest Egg Before Becoming a Full-Time Freelancer

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Working as a full-time freelancer is a freeing experience. There’s no one to tell you what to do when to work, or what projects to take. You get the opportunity to set your own rules and chase your passions. Once you get the hang of this lifestyle, it’s a rewarding experience. However, as with anything in life, being a full-time freelancer has its challenges. One of the most significant is finances. 

You may have heard stories about freelancers that were able to supplement their income and lead decent lives. Though it’s a lot easier to be successful these days, the reality is that it doesn’t happen overnight. If you don’t have a financial cushion, things could get pretty stressful. Continue reading to learn more. 

You’ve Got Bills To Pay

Before deciding to quit your job to be a full-time freelancer, consider your finances. You still have to cover the costs of living. Without a stable income to rely on, this could be challenging at times. As you’ll soon find out, freelancers don’t get a regular paycheck. If you can’t cover your bills, your passion ends up becoming a chore as you take on any assignment to stay afloat. 

The Pay Isn’t Consistent

As stated previously, a freelancer doesn’t get regular paychecks. Sure, you can secure clients who pay you weekly or monthly, but it can take months or even years before you generate enough clients to acquire a stable income. Unfortunately, some freelancers run into clients that request work and don’t even pay for it. Since you can’t bank on a paycheck, you need a nest egg to dip into when funds are short. 

There Are Associated Costs

Whether you decide to start a blog or sell beauty products online, there are associated costs with running a business. As the owner, you’re responsible for everything from internet services and website maintenance to marketing and production costs. You’ll also have to cover other expenses like a business, health, and life insurance premium. Until your business is generating enough revenue, you may need to use funds from your nest egg to cover these costs. 

Slow Periods

You’ll soon learn that there are periods when business is booming and times when things are slow. Perhaps you offer seasonal products and services, or something has impacted the economy, causing clients to scale back. Whatever the case is, going weeks or months without income is rough. Having a cushion, however, could help tide you over until things pick back up. 

Things Happen

As much as you try and plan and prepare for unforeseen circumstances, sometimes things just happen. Something could happen with your personal or professional life that requires a large sum of money to resolve at a moment’s notice. You might need a home or car repair. You could face a slow period or have a client that doesn’t pay your fee. If this happens, you need to be able to bounce back quickly. A nest egg could cover these costs and avoid the need to go into debt. 

Peace Of Mind

Being a freelancer comes with a lot of ups and downs. Wouldn’t it be nice to know that when things are rough, you have the means to survive? The best way to do this is to have a nest egg. It gives you peace of mind in the midst of a storm allowing you to get back on your feet without the added stress. 

Working as a freelancer isn’t for everyone. For those who wish to pursue and succeed in this line of work, you must prepare. Though there’s a lot of advice that can make your experience easier, one of the most significant things you can do is create a nest egg before taking a leap of faith. A financial cushion ensures you can handle everything from household bills to unforeseen circumstances while continuing to do what you love.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Helping Women Over 40: Jeanette Fritsch’s Transformational Program

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Photo credit: Jeanette Fritsch

By: Andi Stark

For many women, the onset of their 40s marks the beginning of a range of physiological changes. Symptoms like insomnia, memory issues, mood swings, and joint pain often arrive years before the commonly recognized signs of menopause. 

Jeanette Fritsch, a well-aging expert, believes these issues stem from complex hormonal shifts and lifestyle factors rather than simply aging. Her SRB&B® (Stop, Reset, Build & Balance) method aims to provide solutions by addressing these hormonal interactions holistically. Through years of research, Fritsch has identified a pattern that reshapes common perceptions about midlife health. “The hormonal journey for women is not a disease or a phase to endure; it’s a complex biological transition that requires education and support,” she explains. 

Her SRB&B® method is designed to help women understand and manage this transition by balancing hormones naturally rather than solely relying on medication or conventional therapies.

Expanding Competence in Midlife Health

Despite the growth of the wellness industry, many health professionals report feeling unprepared to support clients over 40, especially when it comes to hormonal health. The Global Wellness Institute reports that wellness coaching is expanding by 7.7% annually, but fewer than 10% of coaches feel they have adequate training in hormone-related health. This gap leaves many individuals underserved and often forces them to rely on general advice that may not fully address their needs.

Fritsch’s program fills this void by providing a structured, science-backed curriculum for health professionals, from coaches to medical practitioners. Her certification program equips professionals to understand and work with the hormonal dynamics that influence stress, metabolism, and emotional well-being. It challenges the traditional wellness model, which often assumes all clients can follow the same fitness and nutrition advice regardless of age and hormonal state.

“Many fitness and wellness programs simply don’t consider that women over 40 have different needs,” Fritsch notes. “Ignoring these differences can lead to programs that do more harm than good.”

The Science Behind SRB&B®: How Hormones Influence Health

The SRB&B® method is not a conventional wellness program but a targeted approach Fritsch developed after years of research and personal experience. Her four-step model—Stop, Reset, Build, and Balance—focuses on the HPAT hormonal axis, a network of glands that includes the hypothalamus, pituitary, adrenals, and thyroid. This system is important in maintaining hormonal balance, impacting everything from metabolism and sleep to mood and cognition.

The SRB&B® method aims to “repair” and restore the body’s natural balance by targeting this axis. The process goes beyond addressing individual symptoms; it seeks to improve the hormonal interactions contributing to midlife health challenges. According to journal studies like The Lancet, integrating lifestyle adjustments with hormonal health knowledge can reduce the severity of age-related symptoms. Fritsch’s clients, for instance, report improvements ranging from weight loss and clearer mental function to better sleep.

Fritsch’s certification program for coaches and practitioners provides in-depth education on these biochemical processes, with the goal of creating a network of certified SRB&B® practitioners. “There’s so much to understand about how hormones affect the body,” says Fritsch. “We can’t treat them in isolation without looking at how everything interacts.”

A New Model for Corporate Wellness

Fritsch has also adapted her program for corporate wellness, focusing on the aging workforce and the challenges associated with midlife health issues in high-stress environments. Research from the Harvard Business Review reveals that companies investing in wellness programs see improvements in productivity and employee retention. However, most wellness programs focus on mental resilience, neglecting the physical and hormonal aspects that can impact performance.

Fritsch created a corporate offering that provides companies with resources to support their employees as they navigate these changes. Her program includes targeted support for senior staff, who often experience stress and burnout related to hormonal changes that could be managed with the right knowledge and tools.

“Many executives are under the impression that exhaustion and burnout are just a part of getting older,” Fritsch says. “The truth is, there are underlying hormonal factors that, if addressed, can improve not just quality of life but also work performance.”

Expanding Access to Midlife Wellness

One of Fritsch’s long-term goals is to establish a global network of SRB&B® certified practitioners to provide more accessible, specialized support. Her program is open to many professionals, including fitness trainers, nutritionists, therapists, and even medical doctors. Practitioners who complete the certification gain an understanding of midlife health challenges that they can integrate into their practice.

This approach has already gained traction in Europe, where Fritsch’s certification program has begun to address the rising demand for midlife wellness support. Her next step is to expand to the U.S. and U.K., two markets with increasing awareness of midlife health issues but limited specialized services. A 2023 study indicated a shortage of nearly 170,000 certified health coaches in the U.S., with demand growing as more individuals seek support for age-related health concerns.

“There’s incredible untapped potential here,” Fritsch says. “When women—and men—learn how to work with their bodies instead of against them, the results are transformative.”

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