Posted in MicroBusiness Musings, General Freelance Info at 7:21 pm by andy

As a freelancer, we get to decide what our benefits package will look like. Often, though, we’d rather not think in those terms and instead just focus on whether we’re raking in the cash.

Bad things happen, though.  Many corporations provide you with ways to protect your income and your family’s finances in case something bad happens to you while you’re employed.  But being the business owner means you have to take ownership of this side of your finances.

What happens if you get hit by a car and end up in the hospital for a month and then need another 6 months of physical therapy before you can sit at a keyboard and work again?  How about you contract a tropical disease on one of your frequent vacations to the islands and can’t work for a year while you recover your strength?  That would be pretty devastating to your finances, huh? Read more…