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Originally Posted by Acting Like Godot  Exactly. And the same question needs to be asked of the self-employed. Such as those who think that they can just set up their own school and make $380,000.
Remember who first came up with that figure? The "pro-self-employed" camp. How come at that point you didn't chip in to ask: "So how many, percentage wise, are there in that non-fixed income group?" 
I hope you understand that I am not advocating the salaried job as a superior choice over the self-employment option. I am not saying that either is necessarily superior to the other.
But some people here are saying that the self-employment option is superior to the salaried job, and their rationale just seems to be rather flawed to me (for all the reasons that I've pointed out).
I think that it would be better to say that whether the salaried job or the self-employment option is better, depends very much on your individual circumstances, including your skills, knowledge, education, capital, personal interests etc etc.
To hold out the self-employment option as automatically superior is just .... well, it seems very foolish to me. |
Being self employed has many draw backs. And I have played around with the idea of going to work for a larger company doing similar type work. The biggest difference I see is the take home pay. You end up trading out your time for less money. So you make a choice of doing something you really like to do, verses making more money. Currently I’m sitting on the fence, hoping when it's the right time, life pushes me one way or the other. I could make a good argument for either job. But I’m finding as I get older, the window of opportunity starts to shut both job doors a little more.
So I think depending on your background and everything ALG listed in his above post. Steve’s blog is a bit self serving.