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Thread: Possibly Redundant: Is Camming Worth It?

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    Default Possibly Redundant: Is Camming Worth It?

    Hey all,
    I read through that massive sticky on taxes and camming, but it doesn't seem like the foundational question was answered. Since there's such a huge tax for the self-employed and you have to pay taxes quarterly, is camming worthwhile? If so, how much do you/should you attempt to make per week in order to save, spend, and have enough to pay taxes with? I know there are a million variables that can go into taxes, but there must be some type of goal to reach while camming that would make the whole endeavor worthwhile... Right?

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    Default Re: Possibly Redundant: Is Camming Worth It?

    Quote Originally Posted by BiancaBliss View Post
    Hey all,
    I read through that massive sticky on taxes and camming, but it doesn't seem like the foundational question was answered.
    The foundational question can never be answered by logic because it all comes down to personal opinion.

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    Default Re: Possibly Redundant: Is Camming Worth It?

    Quote Originally Posted by BiancaBliss View Post
    Hey all,
    I read through that massive sticky on taxes and camming, but it doesn't seem like the foundational question was answered. Since there's such a huge tax for the self-employed and you have to pay taxes quarterly, is camming worthwhile? If so, how much do you/should you attempt to make per week in order to save, spend, and have enough to pay taxes with? I know there are a million variables that can go into taxes, but there must be some type of goal to reach while camming that would make the whole endeavor worthwhile... Right?
    You pay taxes in any job. Yah they might be worse if you are self employed but either way, you're still paying taxes. Also, I've been doing this for a long while and have never paid taxes quarterly. With 3 kids and one more on the way.... I barely pay out anything at the end of the year and some years I have even gotten a return back because of the tax credits I get for being married with 3 kids. So... the tax burden is also a highly personal aspect as two cam girls could make the exact same amount but depending on their filing status and tax credits, could end up with an entirely different tax bill/refund at the end of the year.

    Aside from that, I would say if you are a new cam girl starting out right now, today, then no. It's probably not worth it. Seasoned cam girls are struggling right now, lots of them, I can only imagine how rough it is or someone just starting out.

    justanothercamgirl is right though, it's a personal opinion on what makes it worthwhile. For me, anything less than $50/hr is not worthwhile FOR ME. I know plenty of cam girls are happy with less, but it's a personal opinion. I imagine you will get a range of different answers because each person has a different definition of what is worthwhile.
    xoxo ~ Sarah




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    Default Re: Possibly Redundant: Is Camming Worth It?

    Well? self employed people do pay the most taxes out of anyone. Especially if there is no corporation you are filing under.. just a 1099.. you pay all your social security tax not just half .. etc etc... but you can downplay that but i utilizing all deductions available. .. what's it worth to you??

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    Default Re: Possibly Redundant: Is Camming Worth It?

    For me it is. Although I've only worked 1 regular job I began to hate it which made me really miserable. I absolutely hated;

    having to answer to someone else

    only being able to take a certain amount of bathroom breaks

    having a 30min break out of 8 hours

    only having the weekends off and sometimes not even that because Sunday's became a required day to work depending on how busy it was

    inventory..ugh the worst few days of my life I swear

    having to wake up every morning and drag myself to work through snowy winters and beautiful summer days

    being stuck at a set wage. I was paid more than minimum wage but working 30-40 hours for $200-$300 still wasn't fun for me.

    and most of all the politics...so many shady people who smile in your face and talk behind your back.

    There's so much freedom with camming. I work when I want, I sleep and wake up when I want, I take breaks when I want, I wear what I want, I run my room how I want, I do the types of shows that I want, I can be as creativity or a boring as I want, I don't have to say good morning and smile at people that I don't really care for just to be polite, I don't have to worry about people gossiping behind my back/deal with bullshit, I don't have to shovel my car out of snow just to work/put as much gas in my car, I don't have to go anywhere if I don't want to, I can set my wage at any rate and I can make my desired goals.

    Camming can be a career but I also feel that its a lifestyle. I never thought that I was going to be a career camgirl...didn't even know it was possible until a few years ago. At first I was only doing it as a hobby and to make extra money. I thought I was going to work in business management or become a web designer. But now its something I want to do as long as possible and I really don't think that I was meant to work a regular job or go by society's blueprint. Camming has provided me with more than $$ its developed me into a different person. I'm not the same as I was when I worked a regular job nor am I the same as when I started camming. Its made me into a stronger and smarter person and its feed as well as balanced out my high sex drive, narcissistic, exhibitionist characteristics. Camming has only been a positive for me. The pros out way the cons imo. Dunna where or who'd I'd be without camming.
    Last edited by Blovely; 05-26-2014 at 05:56 PM. Reason: grammar


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    Default Re: Possibly Redundant: Is Camming Worth It?

    blovley stated beautifully. i just wanna add my 10 cents to it. how great is it to be able to work whenever you want from the comfort of your house. And to be kinda brutally honest not all girls can make a living doing this. so if its like a part time job, you wont be on a high bracket for yearly earnings for taxes so you wont get hit too bad. i honestly feel that you either dont make that much money for it to be a big tax hit or you make a lot of money that all the freedom and ease of the job is well worth the tax hit.

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    Default Re: Possibly Redundant: Is Camming Worth It?

    Quote Originally Posted by meganxoxo View Post
    blovley stated beautifully. i just wanna add my 10 cents to it. how great is it to be able to work whenever you want from the comfort of your house. And to be kinda brutally honest not all girls can make a living doing this. so if its like a part time job, you wont be on a high bracket for yearly earnings for taxes so you wont get hit too bad. i honestly feel that you either dont make that much money for it to be a big tax hit or you make a lot of money that all the freedom and ease of the job is well worth the tax hit.
    Or you make a lot and have a lot of kids... Then you don't have a big tax hit either. I don't even want to imagine the taxes I would pay on my level of earnings as a single person with no kids!

    I've honestly never considered taxes as a down fall or reason not to cam. The biggest reason I would say for it not being "worth it" would be that it seems like most people don't reach that high level of earnings to make it what I would consider "worth it". But my biggest reason for camming is the high pay off followed by the ability to stay home with my kids and work my own schedule. If you don't care as much about the money and more about the flexibility, it's definitely worth it for that reason. If like me it's only worth it if the earnings are very high, well it's something you have to find out by trying for yourself and see what you make.
    xoxo ~ Sarah




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    Default Re: Possibly Redundant: Is Camming Worth It?

    Quote Originally Posted by SarahTime View Post
    Or you make a lot and have a lot of kids... Then you don't have a big tax hit either. I don't even want to imagine the taxes I would pay on my level of earnings as a single person with no kids!

    I've honestly never considered taxes as a down fall or reason not to cam. The biggest reason I would say for it not being "worth it" would be that it seems like most people don't reach that high level of earnings to make it what I would consider "worth it". But my biggest reason for camming is the high pay off followed by the ability to stay home with my kids and work my own schedule. If you don't care as much about the money and more about the flexibility, it's definitely worth it for that reason. If like me it's only worth it if the earnings are very high, well it's something you have to find out by trying for yourself and see what you make.
    I have heard rumor the govt is doing a cut off @ 3 kids? a person can only claim 3?

    Having one kid is like having zero kids in my case. It helped when I made under a certain amount and still struggled to break even. Eventually I said fuck it.
    I do it for the flexibility, my family and time. The money came after.

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    Default Re: Possibly Redundant: Is Camming Worth It?

    Quote Originally Posted by temptingmodel View Post
    I have heard rumor the govt is doing a cut off @ 3 kids? a person can only claim 3?

    Having one kid is like having zero kids in my case. It helped when I made under a certain amount and still struggled to break even. Eventually I said fuck it.
    I do it for the flexibility, my family and time. The money came after.
    I'm not sure.... I'll have to look that up! That would kinda suck but I guess makes some sense... They don't want people popping out kids for tax breaks lol although the cost of a kid is a lot more than they so kindly give us a tax credit for of course lol
    xoxo ~ Sarah




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    Default Re: Possibly Redundant: Is Camming Worth It?

    please do! I haven't found anything to solidify it. My CPA told me about when I jokingly said "time to buy some babies"
    Quote Originally Posted by SarahTime View Post
    I'm not sure.... I'll have to look that up!

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    Default Re: Possibly Redundant: Is Camming Worth It?

    who pays taxes quarterly???
    mellymay.com

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    Default Re: Possibly Redundant: Is Camming Worth It?

    Quote Originally Posted by temptingmodel View Post
    I have heard rumor the govt is doing a cut off @ 3 kids? a person can only claim 3?

    Having one kid is like having zero kids in my case. It helped when I made under a certain amount and still struggled to break even. Eventually I said fuck it.
    I do it for the flexibility, my family and time. The money came after.

    Whenever I have filed, the EITC category lines were named No Dependents, 1 Dependent, 2 Dependents, 3 or More Dependents. So as far as I know, it is cut off at 3.

    Regardless, yes it is nice to have credits to lower tax liability, but I would rather earn enough money that I have to pay taxes than work a shitty job and live paycheck to paycheck. If you have credits and are still paying taxes, you are making good money (in most situations and locations).

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    Default Re: Possibly Redundant: Is Camming Worth It?

    me lol
    Quote Originally Posted by MellyMay View Post
    who pays taxes quarterly???
    started this year, when I payed for last years this year, I was making my first quarterly along with it. That sucked.

    It will be nice to have money go in. I have a account that it is pulled from

    Quarterly comes by fast!

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    Default Re: Possibly Redundant: Is Camming Worth It?

    I have seven children and only can claim three. Three of them are grown up with jobs of their own now.

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    Default Re: Possibly Redundant: Is Camming Worth It?

    so u can only claim three that live with you out of the seven bc 3 have jobs? Im confused lol and god bless you
    Quote Originally Posted by LittleLexy View Post
    I have seven children and only can claim three. Three of them are grown up with jobs of their own now.

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    Default Re: Possibly Redundant: Is Camming Worth It?

    An issue that hasn't been raised yet is that camming ... as a form of 'adult' industry work ... may carry negative side-effects in regard to future 'straight' job opportunities. And camming will almost certainly carry negative side-effects if 'straight' jobs involving a licensed profession or the 'public trust' are involved. Thus, if a girl is considering entering into camming for the first time, it's now necessary to not only calculate how much she might 'gain' from camming, but also how much she might 'lose' by being denied possible future 'straight' job opportunities.

    In terms of overall taxes, theoretically the only difference in tax rates where camming is concerned is the additional 7.65% social security tax which must be paid by the camgirl. Where 'straight' jobs are concerned, the 'employer' pays this same 7.65% social security tax on the employee's behalf ( which the employee never sees ). However, as was already pointed out, filing as a sole proprietor business also allows camgirls to deduct 'business expenses' which 'straight' job employees cannot ... which in turn lowers their overall effective tax rate. It's just a fact of life these days that any American girl earning $50,000 per year is going to wind up paying something on the order of 25-30% of her gross income toward federal taxes, regardless of the type of job ... unless she has some clever tax advantaged investments, unless she has children whose exemptions she can claim, etc.

    In regard to the '3 child limit' for tax exemptions, there is no such limit under IRS rules. However, each child must be receiving 51%+ of their 'support' from the parent that is attempting to claim them. Thus children who earn anywhere near as much money as their parent cannot be claimed by the parent !

    There is a 'de-facto' 3 child limit on certain IRS tax credits. But this is a side-effect of the way the tax credit formula is calculated, i.e. a phase-outs and caps. So the IRS tables for the EITC, for example, don't have columns for more than 3 children ... because even though the credit would be higher on paper, the cap would limit the actual payout in any case based on the parent's income level.

    However, there IS a statutory '3 child limit' for non IRS purposes, such as social benefits. This was put into effect to stop a past situation where low income unmarried mothers were 'popping out' another kid every year to achieve an increase in their welfare, food stamps, and other social benefit payment amounts. 'OctoMom' hitting the media probably contributed to this '3 child limit' as well.
    Last edited by Melonie; 05-27-2014 at 12:40 PM. Reason: 5%

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    Default Re: Possibly Redundant: Is Camming Worth It?

    Thanks SO much for your thoughts!! I guess what I tend to focus on is the monetary aspect. For example, if I were to only make 10k a year, and end up paying 3k in taxes at the end of that year, it would be a monumental failure in my eyes (not saying that will happen, just trying to explain where I'm coming from). I think the other aspects (freedom to take breaks, travel, work when you want, do what you want, etc.) of camming are great, but for me personally the earning potential is the most important thing.
    I've also been thinking about the negative future effects there might be for me, but since I don't anticipate ever working in the public eye I'm quickly coming to terms with finding myself in some pirated video on the internet. Still a bit strange to imagine though.

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    Default Re: Possibly Redundant: Is Camming Worth It?

    There WAY more money in escorting or being a provider. There's also more money in dancing unless you're in the top 2 rows of SM or MFC and you're on the heavier/curvier side (then you'd make less dancing).

    So it just depends what you're after. It will pay more than a minimum wage job for most.

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    Default Re: Possibly Redundant: Is Camming Worth It?

    Quote Originally Posted by GlamourRouge View Post
    There WAY more money in escorting or being a provider. There's also more money in dancing unless you're in the top 2 rows of SM or MFC and you're on the heavier/curvier side (then you'd make less dancing).

    So it just depends what you're after. It will pay more than a minimum wage job for most.
    I would say all of this depends number 1 on the entertainer. I have witnessed not so good to awesome depending on what fits the person.

    There can be more money in anything, does the person have the personality?

    Idk what it is like on the west coast but chunky chicks in the south, mainly south east make real good money dancing. Good money. again, idk about the west coat.
    Honestly, I believe it has to do with regions.

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    Default Re: Possibly Redundant: Is Camming Worth It?

    Quote Originally Posted by temptingmodel View Post
    so u can only claim three that live with you out of the seven bc 3 have jobs? Im confused lol and god bless you

    LOL I guess my older kids having jobs and grown up didn't have anything to do with the question. HAHA Just stating, they are not all little anymore My daughter is actually a cam model now She's 24. I totally messed my post up. I just know that ever since I've done my taxes its been three. But maybe I'm confused by claiming them and getting credit for them. LOL I don't know...I'm no accountant..just don't want to get in trouble so I do my taxes and make sure I won't get in trouble The last thing I need is the IRS stressing me out..and they will catch you if you don't do things correct.

    Yep...seven beautiful babies I birthed. The Lord blessed me most certainly. My kids are 24, 21, 18, 16, 14, 12, and 10. three girls and four boys I'm so thankful for the job I have..it allows me to stay home and not miss a day of their growth, their sports games, their awards, and all that I would miss if I didn't cam.

    Happy Camming Ladies
    Last edited by LittleLexy; 05-28-2014 at 09:44 AM.

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    Thumbs up Re: Possibly Redundant: Is Camming Worth It?

    wow...I stand for you all momys(mothers)congratulations...I want be successful as you girls...with kids ,everything

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