Tax Day is looming. I finished my actual TAXES back in January. But now, as a self-employed crafter ... April 15 means ESTIMATED TAXES! Boo.
Did you know I have to pay money on sales I "plan on making" this year! Isn't that crazy. SO... the good progress I though I'd been making isn't really that great once I take this chunk out of my checkbook.
Not that I'm complaining! It's just another one of those "things" that make being your own boss not as all-the-time fun as you'd think it would be.
It's all those annoying money things that I wish I had someone to take care of ... like a boss ... but who didn't tell me what to do. Anyone want to be my free accountant?
Sigh.
Here's a list of some of the negatives of doing Etsy full-time.
--- When people ask what you do, you have to go into a 5-minute explanation including "No, 'Etsy' like 'Betsy.'
--- The end of the work day is only when you go to bed. (not including working on the laptop while under the covers.)
--- Some days I forget to brush my teeth in the morning (don't tell my mom.)
--- I have to pay $250 a month for health insurance.
Okay, well, this list was a lot harder to write than a thought it would be.
I guess the positives FAR outweigh any little annoyances and money woes I am experiencing.
The main thing is to keep FOCUSED. EYES ON THE PRIZE baby. :)
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p.s. Rich and I have started watching the HBO series "Deadwood." Has anyone seen it?? Only seen the first two episodes so far, but it's pretty good!!
ahhh, you're so right about the etsy job thing. i need to come up with a shorter explanation! every now and then, i'll get someone who's like.. "oh, i've heard of that!" and i get to breathe a huge sigh of relief!
ReplyDeletehahahaa --- sometimes I just say "I sell stuff on eBay." That gets it done FAST :)
ReplyDeleteI am planning on doing my business full time starting this summer! I am so excited, but thanks for sharing some reality with me! :)
ReplyDeleteI just tell everyone "Well, I have a shop online. I make stuff and sell it." I used to try to explain the whole Etsy thing, but I finally came up with a simpler way to say it! :)
ReplyDeleteOH MAN. I feel you in the WORST way. I just got my tax estimate back, and I owe owe owe. Time to get myself on a quarterly schedule of payment so hopefully this can be avoided next year. As a new-ish "quit your day job" type person, I am sort of learning the rules of being self-employed by feel. But I can definitely comisserate with the "work ends when you go to bed" sentiment-- I'm constantly checking emails for customer service or reading up about marketing and advertising-- all work!
ReplyDeleteBut at least I can do it in my PJ's!
PS-- Deadwood is AWESOME. Unfortunately, watching it gives me a temporary case of Tourette's. My husband and I host occasional "Deadwood Drinking Game Nights" at our place in Pikesville. The key? Setting up air mattresses so that NOBODY is tempted to drive.