full time affiliate
- Thread starter gweeds
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Im not, currently I work full time, im contemplating working part time so I can do web design and affiliate marketing in the other half of my time...
You guys and girls that are full time affiliates, etc. What do you guys do regarding insurance? Thats one of my fears, quitting my job to do affiliate marketing and web design and not getting health benefits, do you guys just shell out the cash to get it personally or what?
If you register your own company and if you make enough you can get insurance through that, all you do is keep your business seperate from your home income, you pay yourself through your business, taking off some for benefits like any other company would do, same goes for your taxes and shit, it'll cost your company a bit of money if you want to give out 100% coverage but at least in the long run you'll be safe and if you ever hire any employee's you'll have everything already set up.
Do you know ballpark how much it costs to register your own company/get a business license and what kind of crap im looking to have to wade through to get one..?
look into HSAs - below is ripped from dave ramsey's website:
The HSA could be the answer to the health care crisis we have in America. For example, if you have a typical couple at 30-years-old, they can get an 80/20, $1,000 deductible policy for $250 a month. If that same couple took out an HSA they could get that same plan for $150 a month.
The difference is that the HSA will pay 100% of the costs after the deductible. But the deductible is much higher – like $5,000. You’re saving $100 a month though. With the HSA you’re also allowed to save your deductible annually into a tax-deductible savings account and it grows tax-deductible.
For this type of health care insurance to work, you need to have a good emergency fund for the minor doctor’s visits that will come up. You also need to take the $100 each month that you’re saving and put that toward saving.
The HSA could be the answer to the health care crisis we have in America. For example, if you have a typical couple at 30-years-old, they can get an 80/20, $1,000 deductible policy for $250 a month. If that same couple took out an HSA they could get that same plan for $150 a month.
The difference is that the HSA will pay 100% of the costs after the deductible. But the deductible is much higher – like $5,000. You’re saving $100 a month though. With the HSA you’re also allowed to save your deductible annually into a tax-deductible savings account and it grows tax-deductible.
For this type of health care insurance to work, you need to have a good emergency fund for the minor doctor’s visits that will come up. You also need to take the $100 each month that you’re saving and put that toward saving.
That's what I do.
I'm a contractor.
I have a Blue Cross PPO with a $5K deductible. Costs me $100 a month. On the good years it's worth it. On the bad years it sucks. I broke my hand 3 years ago and had two surgeries, one in December, one in January. Hit the deductible for both of them.
I'm now doing well enough to quit the 9-5. The earnings hike happened really quick so I have some reservations because I'm relying heavily on one source (just panned out that way).
Earnings I was daydreaming about before are now here. However it's not what I expected. I can't blow my money on fancy shit I don't need... it has to go back into the business and new ideas, because harvesting what you have already done only lasts so long.
It will be a while before I whip out the bling. :rasta:
The really fucked up part is I actually feel bad about leaving my current employer. I used to think I'd be like "bahaha fuck you, here's my resignation biach". The years I have spent there have made me what I am and now that I'm more of a "real" entrepreneur I can see things from their perspective with more clarity. This wouldn't be the case if it was not a small shop.
Earnings I was daydreaming about before are now here. However it's not what I expected. I can't blow my money on fancy shit I don't need... it has to go back into the business and new ideas, because harvesting what you have already done only lasts so long.
It will be a while before I whip out the bling. :rasta:
The really fucked up part is I actually feel bad about leaving my current employer. I used to think I'd be like "bahaha fuck you, here's my resignation biach". The years I have spent there have made me what I am and now that I'm more of a "real" entrepreneur I can see things from their perspective with more clarity. This wouldn't be the case if it was not a small shop.
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