So I am bemoaning my state of poorness. I have over $1000 in invoices out right now and the people have not paid me. So I am starving. One of these invoices is scary to me. You see, I did not use safe pay and it is the first time working with the person. Oh, and instead of the $25 which is what I would normally risk, he owes me around $470. Um... and I invoiced him around two weeks ago. So, I am biting my nails on that one.
Why did I do it? Because it was a large job and paid per word. It is difficult to set up SafePay on a per word basis. You do not know how many you will have until the job is finished. I have usually required some sort of downpayment into SafePay, but the person want the immense job done in two weeks, so I did not want to waste time and money waiting for him to make the deposit. I would have never been able to complete it.
Everyone else either has worked with me before, so I am pretty sure they will pay, or has the funds in SafePay. But still, it is a lot of money. My bank account right now is $0 (at least I hope it is $0 and not negative.) I have gone four weeks without receiving a payout of more that $25 here or there. So I am starving.
This is one of the biggest dangers of freelancing, and it is pretty much resolved with SafePay. After all, if they have already paid, why don't they release it? But my income is not steady at all. Which is bad, because my income feeds us. Sigh.
Anyway - this is why I have been grumping about money lately. Four weeks without real pay is a long time...