Friday, May 7, 2010
Ask and receive... a Schedule C
I have been very sceptical to do this but if it will help others, it will be worth it. First, I am sorry for the quality, after finally deciding to post these my scanner wasn't working so I took pictures with my digital and uploaded them to the computer. Hopefully once I upload them to Balanced, everyone will be able to enlarge them so that they can see. Don't get too excited, :) - it isn't a 6 figure income but I am very comfortable with this... Things to keep in mind... from my net profit, I do not have to make any car payments, insurance payments, a portion of my internet, laptop, etc.... and my mileage is a business expense and my home office deduction is $685 - which, the room is in my house anyway! The Schedule C lumps the income from our 1099 commissions and sales in the same box so if there are any questions my sales were roughly $38,000 for the year. So basically my net profit is for groceries, and other household expenses that most people would have to pay from that net profit.
A look at my unit...
My new consultants come in with 0 - 600 for the most part - I think 2 this year coming in at $1800 by their choice and both had been consultants in the past so they had a feel for what product they wanted.
I have a very full life, with a side commitment- and have one unit meeting a week and 2 -4 appointments - I actually feel guilty (occassionally) because I could be doing so much more thaan I am but just wasn't willing to part with the personal time with the kids. (My time is coming).
Persoanlly I think it is a fair income for doing something I love to do and not having to work 24/7 to do it, but everyone is entitled to their own opinions.
So I guess I am putting up and not shutting up. And just because I feel like being a bit of a brat... my highest ever check BEFORE was just $64 shy of $9000 and I had of $4500 in sales that month as well. But I have to admit, I am not willing to work that hard every month, Hope some of you find this enlightening.
For Further Reading...This Week On Pink Truth - Click Here
Pros and Cons of Mary Kay - Read or Contribute or Both!
First Post - Why I Started This Blog
The Article I Wrote For ScamTypes.com (here) (there)
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