I was considering going freelance myself and these are questions I also considered. I hope someone with experience replies and we can turn this into a very useful post.
284 karma · joined March 26, 2014
I once got fired from a job unexpectedly. and it was terrible, It not only meant I had no income to pay the rent etc. But all my direct debits bounced causing more debt and the benefits in the UK took about 4 weeks to kick in after I had to jump through hoops and hoops.
I found myself slightly depressed for about 2 weeks, not moving from my bed and sleeping most days. Luckily I run a blog that kept me active-ish and I slowly pulled out from my stupor.