Invoicing is an important way to keep track of your business transactions and ensure that you are getting paid for your work. Not only does an invoice for freelance work give you a professional and clear way to request payment from your clients, but it also serves as proof of income for when it's time to file taxes.

Every freelancer knows why invoicing is important and central to their business: Not only will it save you a lot of time, but it will also make sure that you get timely payments, which can save you from a lot of financial anxiety.

Issues with freelancer payment options could lead to inconsistent income and financial anxiety, which is one of the biggest reasons why some freelance careers have setbacks in their growth.

A freelance contract defines how much the freelancer will be paid, what they will get in exchange for their pay, and any possible consequences if any of the parties fail to perform to their requirements.

Self-employed individuals can now file for unemployment benefits under the CARES Act, but eligibility varies by state.