Freelancing allows independent contractors to earn money per project, usually for a short period. Freelancers can fix hourly rates or a flat fee for project completion. Freelancing facilitates remote work and helps businesses to get qualified workers without employing more people.

Freelancing marketplaces like Upwork, Toptal, and Fiverr connect independent contractors with companies that need an extra workforce. Freelancers’ earnings vary widely, but freelancing can pay well if you develop a high-income skill or offer a high-value service.