Maximizing your EV in life
The following is the first staff post by Shondell from Call Me What You Want, Even Cheap. Please join me in welcoming her to the site! I have done the 7-3, 8-4 and 9-5 over the course of my career. Working 9-5 seems to be the standard for which most people refer to a 8… [Read More]
I’m going to have to pay myself a salary soon, and I’ve been learning a lot about the different taxes that one has to pay, both on the employer and the employee side of the equation! Canada has always been known for having a relatively high level of taxation, but as I’ll soon show you,… [Read More]
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]
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]
Why would you want to become a freelancer? I recently read the post “Why You Can’t Freelance Or Blog Full-Time“, by Sandy of Yes, I Am Cheap. She had recently quit her job and was considering blogging full-time, but ultimately decided against it. Amongst some of her reasons was the high levels of tax that… [Read More]
