What is “zen personal finance”? Is it a new-age thing? Is it a type of meditation? Is it a new way of looking at our personal finances? It might be none of those things, or it might be all of those things and more! Now that I’ve been out on my own for a while,… [Read More]
Freelancing Revenue Report: My First Three Months in the Trenches
I’m now in my fifth month of entrepreneurship, and things are going well so far. I’m really happy with some areas, and not too happy with some other areas. Well, life is a learning experience, right? First, a summary of what I’m happy with, and where I need to improve things: The good stuff I’m… [Read More]
How These Mental Anchors Are Seriously Holding You Back in Life
I’ve recently been thinking about why people think that self-employment is such a big risk, especially in industries where human capital is important and economies of scale tend to be less important — like professional software development, for example. What is it that makes it so risky? Is it the fact that you have to compete… [Read More]
Three Important Milestones on Your Journey to Independent Financial Freedom
So I’ve been off on my own for a couple of months now, and while it hasn’t been too easy, it’s certainly been a lot of fun. However, at the end of the day, I need to ask myself: does this have a future? Can I keep “having fun”, or do I eventually have to… [Read More]
What Do You Lose when You Decide to Stop Working for the Man?
In my last post in this series, I compared and contrasted the income and tax situation of working for the man versus working for yourself. After adding up the benefits and tax effects (and not counting additional tax breaks that your business may be eligible for), the main effect was mostly a wash. Yes, self-employed… [Read More]
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