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by seba_dos1 1591 days ago
> 3) my savings & free time grow ( as contractors get paid a bit more ) and can afford more time off between projects

This is the part that didn't work so well in my experience. With each project I was at first in "working" mode, then in "time off" mode (which usually meant working on personal stuff for free), and then suddenly in "need to find a new paying project asap" panic mode when the savings were running out. With each next project my financial situation had to be worse in order to successfully trigger panic mode, so I quickly started to look for something longer-term instead.