For experienced journalists and editors, freelance writing and editing can be an excellent career move. Most journalistic jobs require a degree in journalism or communications, and it's important to obtain this education -- plus real-world experience as a journalist -- before embarking on a full-time freelance career. One of the chief indicators of future telecommuting success is networking. As in any career, building relationships with other journalists and editors can help freelancers secure steady work.
Many large newspapers and magazines have taken on more freelancers to save money on full-time employees. And Web content is in high demand. For editors, there are opportunities to manage teams of freelancers, help executives write their memoirs or do freelance editing for fiction and nonfiction authors. The highest-earning 10 percent of freelance journalists earned more than $77,000 in 2008, the latest year for which the U.S. Bureau of Labor Statistics has released data [source: U.S. Bureau of Labor Statistics].