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Why I Choose To Be Self-Employed

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So today I want to explain why I am so adamant about not getting a J.O.B.  In order to do that I want to give a brief description on what I have done since leaving the military.   

Corporate Executive Chef – Right out of the military I scored a great job with a very well known corporate restaurant.  They were in major expansion mode.  With my Culinary degree along with my Hotel/Restaurant Degree, plus my time as a NCO in the military, I scored 1 out of 4 positions in the company.  This title was just a fancy title for saying I was in charge of opening restaurants.  I was in charge of training all of the managers along with being in charge of about 75 Corporate Trainers.  Reason for leaving:  I was gone three weeks out of four, and my then fiance didn’t care for that..

General Manager – Stepping down allowed me to take on the position of being in charge of a single restaurant.  It was a huge pay cut, as well as had me working a lot more time in the opening year.  Reason for leaving:  Decided to move back home.

Traveling Manager – When I came back home, I immediately started to work with the company, but it was much different as this was a franchised restaurant and not a corporate restaurant.  Because of my experience with this particular restaurant, I believed that the franchise used me for all I was worth.  I basically travelled between the five restaurants they owned and was just a regular manager.  Reason for leaving:  It was so different then the corporate system that I had instilled in me.

Restaurant  Employee – For the next umpteen years I was just a regular employee.  I did everything in a restaurant.  Bartender, Server, Cook, you name it I probably did it.  Reason for leaving:  not enough pay

Inventory Specialist – After moving back to my hometown, I took up a position where I could travel again.  I basically went to all the WalMarts in the northeast and did their inventory.  After about a year of doing this, I decided I had enough travelling for a time being and went to the local district level.  Reason for leaving:  At the local level, you just never knew when you were going to be finished for the day.

Back to the Restaurant Employee – When they built a well known restaurant in my town, I knew that it would be my best chance at getting back to my roots.  But it turns out it was just a franchise and not a corporate.  I want to give you a picture of what it is like.  I got hired at $10/hr.  Within the opening month, the owner of the franchise saw my skill, and I received a $.50/hr raise.  For the next year and a half I worked my butt off and it really didn’t go anywhere.  I knew I wasn’t going to get a raise since I was already making more than the managers (which they begrudgingly reminded me quite often.)

My girlfriend at that time was moving away from the area and I decided to go with her.  Transferring to another restaurant.  Where in the next year I got numerous raises and even made manager.  I was now up to $15.50/hour, which is pretty decent in my area.  During this time, my girlfriend and I broke up and I tried to make it work staying up in the area for the next year.  But I grew depressed during this time and my family and I decided it was best to move back home.  So I transferred back to the old restaurant.  All my raises were taken away and I became even more depressed.  (Note:  During this last time is around the time I started doing independent contract work… As well as started looking into how to make money online.)

My Best Friend Opens A Restaurant – So I was unemployed for about a month… Well not technically unemployed as I signed a contract with Yellowstone National Park, where I would become a Manager for one of their restaurants.  I was set to leave in about two months, when my best friend approached me to help him open up a restaurant.  As I knew this was a dream of his, I decided to negate my contract and help him start up his restaurant.  I worked with him for about two years.

Last Job as an Employee (Server) – While working with him, a new corporate restaurant was starting to be built about 15 minutes away.  I decided to go and get a job.  The General Manager was impressed with my resume and cursed me for not applying two weeks ahead of time, so he could have made me a manager.  He straight up told me that they couldn’t afford what I was asking for as a line cook.  I was ok with that, I knew once I got into a corporate restaurant I could move up.  I decided to become a server that worked four nights a week, while working with my friend.  In less than six months, I became a corporate trainer.  And in less than a year I was up for management.

I didn’t get the position, and the lady that did held a grudge with me.  It was because of this clash that I was let go.

This was the time that I decided to go take what I was doing part time and make it full time.  I also took on a paper route.  I remember the beginning of last year on Saturdays and Sundays were really tough on me.  I was helping my best friend start late nights for the bar crowd (I worked 9pm – 3am), went immediately to do my papers, and came home to sleep for about a hour and a half.  Got up and traveled to do brand ambassador and traveled home.  By the time I got home it was between 6 and 7.  I would get another hour and half of sleep, then do it all over again.

The Reason

Except for the first three jobs I listed, I made on average between $10-$15/hour.  Back when I first got out of the military, this wasn’t that bad of a wage.  But now with minimum wage going up and with all the other variable costs This amount is still considered borderline poverty.  

All of my contracted work I do, the least amount of money I will accept is $15/hr.  And that is for more on the lines of one-three days.  My long term contracts, are more toward the $20.  Even the newspapers, basically pay me over $20/hour if I average it out.

Oh I forgot to tell everybody, I heard back from the one contract.  Even though I thought I tanked it, they loved my video!  Next week I have a training meeting, and will start later in the month.  This pays $25/hour. Even though it is for a few hours each week, it meets my requirements. Nowhere around where I live would I be able to make this type of money, with my history.

Now I just want to state that for the last four months I have had no contract work besides the newspapers, this tends to happen, since a lot of budget gets used up toward the holiday seasons.  I could take on more merchandising work, but it seems as the threshold I hold out for… Well it is not being met lately.  

What I make from just my newspaper route and my online stuff is actually a few hundred dollars more  than actually working 40 hours a week at a job.  Except for the first two jobs and now, I never had health benefits.  

Who here is self employed?  I mean can I get a shout out for tax deductions?  When my business scales, I can see adding on another $50k (at the very least) and still pay the same taxes as I do now.  I can’t possibly take all the deductions that I legally can.  Plus that isn’t even counting once I start retirement.

So Let’s Recap

  1. Spend More Time With Family
  2. Make More Money
  3. Health Benefits
  4. Tax Deductions

Umm… so yeah, I will be staying self-employed.  Hope that explains enough for everyone!

Gift-Giving (Second Try)

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Editor’s Note: Sorry guys! I had intended for this to be published on Friday! I goofed and accidentally set it to publish on Thursday. I pulled it immediately when I discovered my error so I apologize to Stephannie (for hijacking her day!) and to you for the confusion! I still value any discussion surrounding this topic, so please feel free to comment! For those of you who commented yesterday, I did see your comments (and THANKS!!! for your suggestions). I just wanted to let you know they didn’t fall on deaf ears! When I pulled the post they were deleted but I DID see them!!

On Monday I’m going to do a full budget update so you can see how I did for the month of April (I already told you here that I went over budget in one specific category).

Something came up in the comments that I’d love to get readers’ opinions on…..

GIFT-GIVING!

I had told myself that we were only going to do cards right now (from the Dollar Store – 2 for $1), until we get out of credit card debt. I’ll probably spend a little on Christmas, but not on regular birthdays and other special occasions.

Well, I’ll just admit….that didn’t go so well last month.

I’ll spill the beans and say the category I went “over” on in my budget was…miscellaneous. Shocker.

One of the reasons is I went out and got a couple gifts for people! I spent $15 each on 2 separate people (so $30 total) for birthday gift cards to tuck inside the cards. These are close friends of mine that have sent me things for my birthday and I feel indebted to each of them for going above-and-beyond to help me out when Chris was sick at the end of last year. We don’t live in the same city, but they sent care packages and cards and were just beyond sweet. All of this to “justify” (I know, there’s no justification!) why I spent the money.

Well, then May rolls around.

I check out the calendar and – to my dismay – realize that we have FOUR family birthdays this month: My Dad, my husband’s Mom, and both of husband’s brothers. Plus, there’s Mother’s Day.

If we were to spend $15 per person per event (birthday/mothers’ day), we’re looking at $90!!! Just so you know, my “other” budget only allots $125 per month, so $90 basically wipes it out!

What should we do??

The only answer is to NOT send gifts. I am struggling with it.

I know our parents want us to be out of debt more than they’d want some little trinket or something for $15 or less, but there’s an emotional aspect to a gift, too. It says, “I love you! I am thankful for and appreciative of all you do! I wish we were spending Mother’s Day/Birthday together! We miss you!!”

I feel like it’d be easier if we lived in the same place because we could cook for our Moms and have them over, or same thing for the birthdays. But we don’t. So……yeah. I’m at a loss.

What do you do for loved one’s birthdays/Mother’s Day/special occasions?

I’m leaning toward maybe sending some pictures for Mother’s Day inside a card (the cost would be less than $2 each for both cards & pictures). But what about the birthdays? I know my Dad and husband’s Mom don’t care about gifts (maybe I can send more pictures?), but the husband’s brothers probably expect some sort of gift. Ugh! This is one part of budgeting that is no fun! Surely everyone will understand in the end, but I still want to do more than just send a card with a couple pictures. I just don’t have the funds to do so! : (

BONUS QUESTION

Since this post is a repeat for those who saw it yesterday, I wanted to ask one additional “Bonus” question for your opinions.

Here in Tucson it is already H.O.T. Really hot. We had hit the mid-90s almost 3 weeks ago. This weekend was a bit cooler (mid-80s), but now we’re right back into the mid-90s.

I had been holding out on turning on the A/C for as long as possible. But when its in the mid-90s and upper-90s its too hot to not have air conditioning running.

So my question to you is…..At what point do you turn on your air conditioning? And what temperature do you have yours set at?

I have our A/C set to 82 degrees when it runs during the day (and turn it down to 78 at night), and I try to not turn it on for as long as possible in the Spring but I cave and turn it on when the outdoor-temperatures hit 90 or higher. What about you?