hope not off topic.
for me i am tied down by my financial commitments, but i still hope to be my own boss and go into photography FT. Now I am single so I am planning in the event I am still single years down the road.
If I am single:
- Finished up my IT degree which I had been dragging on (this is my backup in case one day i need to step back to work force after going into photography FT)
- Continue my current FT job till I own and fully paid for my own roof.
- Rent out my room/flat (this will be my FT income) then do photography FT (anything earned from photography will be surplus to what I earn from my room/flat rental), and of cos i had to watch my spending lifestyle so i dun overspend.
If I am attached halfway through my plan and settle down:
- I should have a degree by then, and I will need to find a FT job if my photography is not doing well or continue doing photography FT if I am doing well.
- Probably stop renting out my room/flat since now I have a wife and I respect our own privacy against "strangers" (tenants)
If your part time photography is paying you more than your full time job, its a no brainer, I am talking about per year basis, or at least per quarter, NOT per hour or per day. But its not going to happen for most people, unless his/her dayjob pays really low.
Also one has to look beyond dollars and cents and ask if you possess the tenacity of the self-employeds especially if you are used to a monthly fixed pay.
It might be more profitable as a part time job during the weekends and many photographers stay this way, a full timer is in a whole different league (in a business sense).
JMH2Cs