4 cashflow quadrant2/29/2024 ![]() ![]() Similar to the employee, the self employed is one of the highest categories taxed. If though, you theoretically own your own business, in reality the business owns you. This category is one step better than an employee but those of us that reside here know that we’re still trading time for money. I chose to be self-employed out of training because I wanted to be my own boss. Something else to consider, employees, along with self employed individuals, pay the MOST in taxes. Sometimes people want to stay in this category as it typically has a higher long-term job security. Again, continuing to trade even more time for money. If people in this quadrant want more money and don’t want to move to the right side of the quadrant, they must work MORE hours.
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