Hello all,
A fan of this useful website so I joined.
Recently my full-time perm work went uncertain and now I am exploring my options (including contracting) or travel or do both or jump back into perm again.
I am in a position to have a 'break' where I can do what I want for a few months and I don't have to worry if I don't get a contract for a month or two.
But I am looking to see if contracting for a while would be the right thing based on my situation.
My goal for a year or two is to:
My worries are:
What should I do in this position? Should I dip my toes into contracting?
A fan of this useful website so I joined.
Recently my full-time perm work went uncertain and now I am exploring my options (including contracting) or travel or do both or jump back into perm again.
- In my early 30's with no kids / marriage
- Live near London where my mortgage is £500 a month
- My IT skill-set is in demand where I see contract rates between £300-£500 in London and UK
- I am fully certified and up to date in my software knowledge
- My pre-tax salary used to be £51k
- I live a fairly frugal lifestyle
- I won a competition so got £4k in cash
- My monthly outgoings are around £1,700 after paying all the bills
- I have good contacts and colleagues who have succeeded in contracting doing what I do with less qualifications
I am in a position to have a 'break' where I can do what I want for a few months and I don't have to worry if I don't get a contract for a month or two.
But I am looking to see if contracting for a while would be the right thing based on my situation.
My goal for a year or two is to:
- Take the foot off the pedal work wise and relax a little
- Travel - maybe work 8-9 months and travel 3 months
- Work on my fitness by regularly going to gym (something I haven't been able to do through this stressful year)
- Financially - if I make a little more than I earned through contracting as I did as a permie then I am happy
My worries are:
- I worry if I am passing up permie opportunities with good pay.
- I worry I constantly work and work and life is passing me by and my mental and physical health could do with improving by relaxing a little
What should I do in this position? Should I dip my toes into contracting?
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