Posted on 01/30/2013 1:04:51 PM PST by Kaslin
I’ve been self-employed for 25 years, and I’ve generally found the opposite: large corporations are reliable in payments, small ones are the ones that may have cash flow issues and stall on getting a check out.
Sorry, but no.
But when you find her, do not hesitate for an instant; gals like us don’t last on the open market for long, LOL!
You are your own benefits provider
Not if you spouse is working and you qualify under their plan.
And what about sick days and vacation pay? When you work for yourself, there’s no one to cover for you.
um... you stay at home or leave when you want, that’s one of the great things about working for yourself.
You pay all Social Security and Medicare taxes
um... no. No you don’t pay ANY social security or medicare taxes! that’s one of the BIGGEST reasons to work for yourself. And the best part is... you will still get BOTH by appling for the benefits under your spouses name.
The cost of doing business can increase your bills
yawn, big deal, and the small extra costs are tax deductable.
Retirement savings is up to you.
um... yeah that’s sort of the whole point! and you’ll have a lot more money to save by working for yourself.
bah, a good business generates all the new business it needs through referals from happy customers.
And as far as getting paid goes.. um.. might want to try getting paid in advance. It sort of solves that issue.
***** “12 laying hens (raised from chicks by me) equaled 1/4 pig butchered. I was just giving an example. :)”
We have tons of Wild Hogs round here ... they don’t lay eggs... so laying hens are my pick.
TT
Wild hogs scare the cr@p outta me! Ran into one near a dumpster while stationed in Germany in another lifetime.
I was IN the dumpster before he spotted me! *SHUDDER*
Working for onesself is the only way to go.Its up to you how much money you want to make and if you love what you do then you never work another day as long as you live.Its got its good days and for crap days for sure.
You pay all Social Security and Medicare taxes
um... no. No you dont pay ANY social security or medicare taxes! thats one of the BIGGEST reasons to work for yourself. And the best part is... you will still get BOTH by appling for the benefits under your spouses name.”””
Don’t know where you get this idea.
Form SE is filed with your 1040 income tax forms & you are the employer & the EMPLOYEE-—you pay all of it.
Granted, you pay on your net income, not your gross, but you still must pay ‘both halves’.
I have run my own business for over 20 years and I don't pay a dime in social security or medicare, because I don't earn a salary and don't even receive a paycheck, I earn my income in the form of all the profits generated and it is reported as such.
Any business owner who is paying social security and medicare is doing so voluntarily because they want to collect, and if you don't pay into the system you can't collect. BUT if they like me have a spouse who has a job that is paying into the system, they can collect both as from their plan, the same as a housewife can collect off her husbands plan even though they never paid into the system.
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Always mention that you know how to cut costs without cutting corners. When you're your own boss, it is a valuable skill.
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