Just about nine months ago, I started my so-called "YouTube career" by purchasing my first vlogging camera and launching the Money@30 channel. Since then, there have been a number of ups and down, windfalls and expenses. Through it all, though, my channel has continued to grow and I've learned a lot in the process.
Hurdles like retaining our health insurance, preparing for tax time, and others have shown us that self-employment isn’t something to be taken lightly. However, as long as you’re prepared for these personal and financial changes, working for yourself can be extremely rewarding and is something I’d recommend to anyone willing to listen.
Not too long ago, I decided to take the dive and start my own YouTube channel. At the time, my wife and I bought a new camera for our endeavor along with a microphone and, since then, we’ve also purchased a couple of softbox lights to add to our makeshift...
I love being self-employed; my lack of commute, ability to travel, and the fact that I get to do something I enjoy make it all worthwhile. That said, the irregular income, the pain of estimated quarterly taxes, and the struggle to keep myself on task are certainly downsides that need to be considered.
Hopefully this guide to everything I’ve learned so far will aid you as you try to navigate the world of vlogging along with me. Just remember that, while quality video, audio, and editing are important, content is king, so do good work.
“Financial independence” — doesn’t it just sound wonderful? In the technical sense, that phrase specifically refers to one’s ability to cover their expenses exclusively through income generated by their assets… or, in layman’s terms: they don’t have to work. That’s all well and good, but I don’t believe a phrase as genuinely inspiring as “financial independence” should be that severely limited.