Pretty common for a lot of these freelance wastrels. Still, if they are making it work and not raising my taxes, enjoy it.
Life returns rather harshly though.
My wife does freelance PR. Started her own company after working for 35k a year at a TV station. Her first year she made 300k. Second year 250k. Instead of resting on her laurels she expanded, but unfortunately it didn’t work out, then in 2006 she started to lose customers as the financial crisis started to rear its ugly head.
Today she still has her company and is making decent money. She works 12-16 hours a day. Since both of us are digital nomads, we can work from anywhere. Our goal is to do what the millennial is doing.