It’s the cost of the things that you can’t see—or, maybe better—that you don’t see all the time, that seem to get people all ajumble. Things like time off. Or making a contribution to a retirement account.
When you were an employee, back in the day when such things were provided, you had paid time off, and possibly a match of funds into your retirement account. Now you have to be thinking about replacing those “benefits” on your own dime. And the reason so many VAs say things like, “I can’t afford a vacation,” or “I can’t afford insurance,” or “I can’t afford continuing education” is because they didn’t add it in as an indirect expense which is then covered by their fees.
‘Cause if it’s in your fee, you have the money for it.