My Greatest Challenge in Being a Freelancer

There's no question that freelancing is growing increasingly popular, and for good reason. Not only do most freelancers get to set their own hours, but they also get to reap certain financial benefits while getting to choose the work that best suits them. But while there are numerous perks to being a freelancer, there are also certain pitfalls you might encounter should you choose to go this route -- just ask those of us who've been doing it for quite some time.

Here's what a few of our Foolish investors have to say about freelancing.

Selena Maranjian: One of my biggest challenges in being a freelancer is dealing with taxes. Many people with traditional salaried jobs don't realize how much simpler their tax situation is compared with freelancers.

Source: Fool.com