When an ’employed’ person behaves like a ‘self-employed’, it’s dangerous.
When a ‘self-employed’ behaves like an ’employed’, it’s equally dangerous.
Why?
When a ’employed’ behaves like a ‘self-employed’, he will believe next month his sales will shoot up many times. His income will at least double. Therefore, he starts to spend the money that he believes will come next month.
When a ‘self-employed’ behaves like a ’employed’, he believes his salary is waiting for him at the end of the month. Therefore, he is not very motivated to work, or, he spends money before he makes it.
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Otherwise:
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When you are employed, spend within your means. When you are self-employed, work harder, you money may not be there for you at the end of the month.
