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In this video, Colleen Welsh, a freelance copywriter with a decade of experience, discusses the importance of using freelancing contracts for protection. She aims to alleviate fears surrounding the term "contract" and highlights five reasons why freelancers should utilize them. Colleen explains how to create a contract and offers a free template for viewers. While sharing her insights, she emphasizes that she is not a lawyer and that the information provided should not be considered legal advice. The video also touches on topics related to personal development and mental health in the freelancing space.