Tuesday, November 16, 2004

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:
  1. 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.
  2. 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 don't want much do I?

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.

29 Comments:

Blogger doreen crell said...

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12:38 PM  
Blogger doreen crell said...

Would you like to be your own boss making your own hours or maybe you may just be interested in the Maleleuca Company and its products. Replace your present job or just increase your preseent income. You could aid in the heath of your family and your self, even make your home a healthier placer.Or maybe you don’t have enough time for your family or your own needs. This could be the thing for you. If you think you may be interested either way and you are in United States please see my website: http://www.theceonetwork.com/cgi-bin/team.cgi?id=do449782&action=show
Or contact me at: mothermissesgirls@yahoo.com
Doreen Crell

12:38 PM  
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10:04 PM  
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8:56 PM  
Anonymous legitimate home business said...

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The site I have is a work from home in the uk site. Its all about, need I say it, working from home. I think people should have the choice to build their own income instead of somebody else’s. Freedom of well being and all of that...anyway I was on your site looking for ways to help my business. I'm really looking for ways of building better rapport between recruits.

Anyways Mary thanks for the great blog. I'll just have to carry on my search till I find what I'm looking for. Take care.

8:22 PM  
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My other site is a work from home directory site. I recently decided to build my own income and I thought I searching for tips would help me become a better mentor.

Keep up the great work Mary, I'll be back soon.

2:08 PM  
Anonymous work from home pc said...

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7:28 PM  
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10:17 PM  
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Anonymous work from home directory said...

Greetings Mary, you have a pretty cool blog here. I was searching for work from home moms. I just started my home business and you can see it at this link - work from home moms. Your post title caught my eye - i (Want to) Work From Home. I'm just looking for tips on how to be a better mentor. I know that’s not what you’re going on about in this post but I am trying to expand my vocabulary phrases so I can talk to many different personalities. I mean I have to talk to a lot of people and I need to be able to connect with everyone.

Anyways Mary, this helped. Keep it up, I'll be back.

1:51 AM  
Anonymous home internet work said...

i (Want to) Work From Home... I've enjoyed reading your blog. I was searching for sites. I have a home based business and I wanted some ideas and tips. I also have a blog, it is www.adminsupervisor.blogspot.com it’s new and it’s getting better all the time. Have a look if you want, but I'm moving house and have not posted in a while. I'll get back to it soon.

My other site is a site. I recently decided to build my own income and I thought I searching for tips would help me become a better mentor.

Keep up the great work Mary, I'll be back soon.

6:41 AM  
Anonymous work from home in the uk said...

I was searching around for info on how to start a home based business. I found your blog Mary.

I was reading your post and believe it or not it’s helped me. Every tip I get helps, even if its just new phrases I have never used before, its helps me be a better mentor. This is my business link - business opportunity - check it out and see what you think.

Anyways Mary, you have a good site. I'll be back.

7:10 PM  
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1:19 PM  
Anonymous work from home said...

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8:36 PM  
Anonymous work from home employment said...

Greetings Mary, you have a pretty cool blog here. I was searching for www.createmoneyathome.com. I just started my home business and you can see it at this link - www.createmoneyathome.com. Your post title caught my eye - i (Want to) Work From Home. I'm just looking for tips on how to be a better mentor. I know that’s not what you’re going on about in this post but I am trying to expand my vocabulary phrases so I can talk to many different personalities. I mean I have to talk to a lot of people and I need to be able to connect with everyone.

Anyways Mary, this helped. Keep it up, I'll be back.

12:54 AM  
Anonymous work from home in the uk said...

i (Want to) Work From Home... I've enjoyed reading your blog. I was searching for www.createmoneyathome.com sites. I have a home based business and I wanted some ideas and tips. I also have a blog, it is www.adminsupervisor.blogspot.com it’s new and it’s getting better all the time. Have a look if you want, but I'm moving house and have not posted in a while. I'll get back to it soon.

My other site is a www.createmoneyathome.com site. I recently decided to build my own income and I thought I searching for tips would help me become a better mentor.

Keep up the great work Mary, I'll be back soon.

8:19 PM  
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6:20 AM  
Anonymous work from home in the uk said...

Mary, why can't more sites be as good as yours!!! You see I am changing my life at the moment and I have decided to start a home based business opportunity site. I am trying to get inspiration so I can become easier to talk to. You site has given me some ideas. I talk to a wide range of people and I need to relate to everyone I come across so thanks for your posts! The title 'i (Want to) Work From Home' caught my eye so I thought I'd post on this one. Cheers.

12:52 PM  
Anonymous home work said...

I think Mary has a great blog! I've been surfing around everywhere and just love to read all this stuff. I don't have a blog to contribute to but found a place where you can get a free target gift card. I think they are limiting it so you may wanna hurry on over. the site is Target Gift Card Keep up the great work, I love Blogger!!!

5:57 PM  
Anonymous work from home said...

I think Mary has a great blog! I've been surfing around everywhere and just love to read all this stuff. I don't have a blog to contribute to but found a place where you can get a free target gift card. I think they are limiting it so you may wanna hurry on over. the site is Target Gift Card Keep up the great work, I love Blogger!!!

5:57 PM  
Anonymous home job opportunity work said...

Mary, why can't more sites be as good as yours!!! You see I am changing my life at the moment and I have decided to start a business opportunity site. I am trying to get inspiration so I can become easier to talk to. You site has given me some ideas. I talk to a wide range of people and I need to relate to everyone I come across so thanks for your posts! The title 'i (Want to) Work From Home' caught my eye so I thought I'd post on this one. Cheers.

7:48 PM  

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