i (Want to) Work From Home
Am I the only one who wants to chuck the 9 to 5 job in order to better care for my family and home?
My thinking is going two ways:
- We need to eliminate some bills and strike a good balance on how much to simplify our lives in order to speed along the process of becoming financially independent.
- I want to find a way to generate a dependable income without risking our family finances and/or turning our home completely upside down! I also don't want to be in a venture that requires me to pester friends, family and strangers to make sales.
I got serious about this quest when I watched a co-worker start buying and renting homes after he read "Rich Dad, Poor Dad". That's not my particular gift but it opened my eyes to see opportunities around me. People in other countries risk their lives to come to America; folks we're here! My friend prospered in a big way and was able to leave his job in a little over two years. He was a tremendous inspiration to my husband and me. We believe one reason he succeeded is because he shared what he was learning with anyone who cared to listen.
As I continue to blog, I'll record what I'm earning over my salary (I work full time but am not saying much more - my boss might find me while surfing the net to find out how to chuck her own job!!)
Anyway for the record, I earned $18.78 over my salary today towards my goal of financial independence! (I bought and sold a stock today and that was the gain after commissions were paid.) Before you start screaming at me that I sold too soon for too little realize that I do have solid investments in a 401K with a long time horizon. The goal of the money that produced the earnings I just reported is to trade in order to produce income - money for now. One of my goals is to grow this money so that I can make quick trades resulting in a 2% gain after commissions. I'd like to learn to do this consistently and often. If you don't believe frequent 2% gains amount to anything, I invite you to sit down with a calculator. Take $1000 and add 2% to that amount. Take that total and do it again. And again. And again. (A spreadsheet is great for this exercise!)
How many times does it take to get to a million? Yeah that's exactly what I said!!
The money I made today (I emphasis today - this money was made in one day though it doesn't always work so quickly) was the same amount I made in an entire year by investing $1200 in a CD! I'm a firm believer in small but quick gains.
I won't be able to make another trade for several days, as this trade has to settle (a rule with on line brokers for those of you who don't trade stocks.) It generally takes three business days for a trade to settle and the funds to become available again to reinvest. I purposely started with a small amount of money and have watched it grow to the point that I want to share this process. I do not want to risk my family's money nor do I want to borrow.
Finally, I love and serve the Lord Jesus Christ. My hope and prayer is that I'll accomplish these goals without compromising my faith or integrity. I know there are many promises in the Bible about prospering as we live according to God's Word but I also know of godly people who suffered financially. I don't believe these promises are to be rubbed as little genies. I do believe that financial prosperity is given in order to better ourselves and others.