What Now? Part 3: Build Your Own Floor
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.
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