What happens when you can't teach anymore? For most yoga professionals, there's no pension, no employer retirement match, and no plan. In Part 3 of What Now?, Rebecca gets practical about building a financial floor: the level you refuse to fall below, no matter what a studio or an organization does. She walks through six pieces of that floor, from calculating your real hourly rate and pricing with intention to diversifying your income, protecting yourself with the right insurance, starting retirement savings as a self-employed person, and planning an exit before you need one. She also looks at how other freelance professions built collective safety nets, and what that could mean for us. This is the most practical episode of the series, and it ends with one small move that compounds.
Read MoreRebecca has a name for this kind of content: boring. And she means it as a compliment. The boring stuff — insurance, disability coverage, retirement planning, banking relationships — is exactly what protects you when something very non-boring happens. Financial planner Felicia Laab joins the podcast to talk about what yoga professionals are consistently leaving on the table when it comes to protecting themselves and their futures. They get into disability insurance specifically, which most yoga teachers never think about until their body has a bad year and suddenly it's all they're thinking about. They talk retirement — how to stop working before you die, as Rebecca puts it — and what it looks like to start building real financial infrastructure when your income has never been predictable. This is also the conversation that connects directly to what major trade organizations like Yoga Alliance could be doing for their members and aren't. Worth every minute.
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