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3 Year Plan

February 28, 2010

Life Organization

Filed under: Uncategorized — admin @ 10:54 pm

Part of making this grand plan work is ensuring that my personal/home life is completely in order before I take the leap.  If you’re going to live and work in the same place, it’s essential to make sure that that place is running like a well-oiled machine!

As a single mom, time is short.  My daily commute is about 3 or more hours round trip (including daycare drop-off), my son has soccer practice and a game each week (which is another hour round trip each time!), extracurricular activities like play dates and birthday parties, and frankly, there is no one else to rely on when he’s not really in the mood to get dressed in the morning!  I do not get a break every other weekend; I have sole custody and there is no visitation.  We do not have any family nearby and are, for the most part, on our own.  I have close friends who are wonderful, but the day-to-day is up to me.

Our life can be hectic–everyone’s can–but I plan to make every effort to eliminate as many inefficiencies as I possibly can so that I can get down to the true goal of creating a thriving home business that allows for more time with my son.

In coming weeks/months, I hope to share some of my accomplishments toward increasing the effiiciency of our household and hopefully progress a little further into our 3yearplan!

February 27, 2010

Goal Check-in – Week 2

Filed under: Uncategorized — admin @ 8:10 pm

This week I was able to make a little progress:

Cut costs and stockpile money: Groceries were a bit higher this week at $31.61 but I’m still well within the $160/mo. budget with $110.67 left for the next two weeks. Here is the link to our shopping trip info.

Along those same lines, I realized that there were tons of other people out there who are starting to set grocery budgets and use coupons.  So for the first time ever, I posted the coupon matchups and deals at Publix (my favorite grocery store) so that others can jump in on the deals.  I compared the sales that are currently going on to the printable coupons that are available right now and also to the coupons that were in recent flyers.  I do this anyway on a weekly basis so it isn’t much of a stretch to add in a weekly post on Fun Family Tips.

I wasn’t sure what kind of response to expect from my readers–so I was pretty excited when someone contacted me the following day to ask if they could link to my Publix matchups on a weekly basis from their blog. Very exciting!

Now I’m thinking about doing the same coupon/deal matchups for CVS and Walgreens because I often hit those sales as well.

Fun Family Tips is growing by the way! I’m excited to say that I saw a significant increase in traffic to the website over the past month, making this my highest traffic month ever! WOOHOO!

Build a light box for photographing jewelry – BUILT IT!!!!! So freaking proud of myself too! AND…really happy with the results! I used the directions posted here on WikiHow, modified them a bit and built this simple little box that has DRASTICALLY improved my pictures already.  I still need to play with the lighting a bit, but this should help with another one of my goals Get back to listing daily on Etsy (which will be a big focus for the coming week).  I will share some of the photos shortly–so far I’m just doing test shots, trying to figure out the lighting…

I’m embarrassed to say that I didn’t touch the craft room since my last post…I actually haven’t even stepped foot in the rooms since my last post! Hopefully I can get it over with soon! I’m tired of it hanging over my head so I hope to knock out the last little bit soon!

February 20, 2010

Goal Check-in – Week 1

Filed under: Uncategorized — admin @ 10:57 pm

This week, I made some significant progress on one goal in particular: Organize and consolidate my craft rooms.

I wish I had taken some before pictures of my old craft room…but if you’re a creative person, I’m guessing that you’ve probably gone through the craft-room-looks-like-a-bomb-exploded phase too.  That’s pretty much explains what I was dealing with.  So, I took a vacation day from work, sent Little Man to daycare, and spent 8 full hours on a very focused cleaning and consolidating of my craft rooms.  Believe it or not, I’ve still got some work ahead of me…but I think I can probably knock the rest of it out in a few hours on the weekend/nights.

One of the big problems in my previous craft room was that I couldn’t see very many of my crafting options (colors, textures, etc.) making it a less-than creative environment.  I’ve really made an effort to fix that in my new craft room.

A bulletin board was hung to organize my beads in a location that I can see them.  I still have to get a bunch of poly bags to hang the rest of them, but this is a great start!  The bulletin board was an awesome $1 yard sale find.

The spice rack that will eventually become home to my glitter collection was hung.  Both the spice rack ($2) and the wire organizer thingamajig below it ($4) were awesome yard sale finds.

A scrapbook paper organizer was constructed from a wire rack organizer and zip ties – $12.99 on sale at Target.

This awesome paint rack holds more paint than I own for now (guess I should have photographed the backside–it’s pretty full), but it’s much better for keeping my paint VISIBLE ($7.99 with a 40% off coupon at A.C. Moore).

I moved my book shelf  (craft books, ideas, etc.) into my new craft room.

I also did a MASSIVE cleaning of the other craft room and put items into individual storage bins to give everything a home. This was definitely a GREAT use of a vacation day AND, I still was able to pick Little Man up early for some quality time.

Cut costs and stockpile money: I made a little bit of progress here as well.

1. I set my first grocery budget: $160 per month.  This was the first week on the budget and I stayed well within at $17.72.  You can read more about my shopping trip here and a bit more about how I spend so little on groceries here.

2. I made my own dishwasher detergent.

3. I figured what my expenses are.  It’s incredibly hard to budget without knowing where your money HAS to go.  Here’s the monthly breakdown:

  • Mortgage: $1429.60
  • Phone/Internet: $83.75
  • Security System: $22.99
  • Car Insurance: $65.61
  • Car Payment: 269.91
  • Sewer: $37.90
  • Cell Phone: $72.98
  • Electric: ~$150
  • Water: ~$19
  • Trash: $48.43
  • Groceries: $160
  • Gas: $80

Total monthly (necessary) expenses: $2440.17

My 401K loan (that I took out to cover my custody battle) is taken directly from my paycheck before I ever get it, so it did not make the list above.

So there’s the weekly goal check-in.  See ya soon!

February 15, 2010

High Level Goal Setting

Filed under: Uncategorized — Tags: , , , , — admin @ 10:00 pm
Image source: Productive Pen

So I’ve made the announcement that I’m going to quit my job (to you at least!)–but please don’t think that I’m just going to dilly-dally around all day after I do so. My plans are much more grandiose than that :)

Currently, I sell jewelry and handmade items on eBay, Amazon.com Marketplace and Fulfillment By Amazon, and Etsy (I use the term sell pretty loosely for the Etsy gig right now since I’ve only made 1 sale so far!), and run two additional blogs: Fun Family Tips and Holiday Craft Projects.  With an active 4-year old and all of my side projects, my days (and nights) are pretty packed right now–and probably will be for a long time!

So here’s my plan:  Make these side projects profitable enough to support myself and my son!

Obviously, a lot of my crafting, jewelry-making, and blogging is done in the early morning and late at night.  With minimal time to spare, I feel that being uber-organized in the next 3 years is going to be vital to my success.

Since this is still the early stages, I can be a bit more “high level” with my goals, but I’m going to go ahead and brainstorm on some of the goals that I need to achieve in the near future:

Done! Begin advertising on Holiday Craft Projects and this blog – I have advertising on Fun Family Tips currently.  I advertise for Google Ads, Amazon.com, Alice.com, eBates, and several individual companies on Fun Family Tips.  What I do not, and will not advertise for is companies that I do not personally trust and would not personally deal with.  I feel that is unethical and would not compromise myself or my readers in that manner.

Begin advertising through my RSS feeds for all of my blogs using GoogeAds for feeds – This *should* be turned on as of this blog entry for 3yearplan, but I honestly won’t know until I post this :) It is definitely not working for Fun Family Tips though :( (What am I doing wrong?! Does it just take time to go live?! EEK!)

Get back to listing daily on Etsy – I took a bit of a break here.  This was actually the result of my frustration with the poor quality of my photos.  Jewelry is apparently incredibly difficult to photograph without proper lighting and no matter how amazing the piece looked in front of me, I couldn’t get past the horrible quality of the pictures.  I currently have at least 20 new pieces just waiting to be posted but I cannot get the photos to show the quality of the items! Which leads me to my next goal:

Done! Build a light box for photographing jewelry – According to everything that I have read, this is the key ingredient that I am missing in my pictures.  I’m looking at several plans right now and I’ll let you know what I come up with soon!

Obtain a business license – Yup.  It’s time.  I haven’t earned enough yet from my side projects to require that I do so, but clearly, I plan to.

Focus on Holiday Craft Projects more – I haven’t touched it in a while.  It’s a great domain name, I have great ideas for it; I’ve just been short on time lately.

Cut costs and stockpile money – Realizing that I am planning to cut off my family’s main source of income in 2013 and that I may need a cushion to live off of to get this thing going,  I need to cut my costs, stockpile cash, and get prepared.  Again, I have to make this leap responsibly.  This is something that I have already been agressively focusing on and I will discuss further in future posts.

Eliminate Debt - Again, this is something that I have aggressively focused on recently and I currently have only 2 debts besides my mortgage – my car payment and a 401K loan that I took out to cover the costs associated with my divorce and subsequent custody battle.  I will discuss my plan of action for this goal soon as well.

Organize and consolidate my office/craft rooms – Yes.  I said rooms.  Currently, 2 of the 4 bedrooms in my house are occupied with my office and art supplies.  In order to be more productive I need to get these rooms completely organized and efficient–and in the interest of seeming like a more gracious host, I need to convert one of these rooms into a guest room (with supply storage, of course!).

Done! Upgrade my existing blogs: Fun Family Tips and Holiday Craft Projects are both on a very very old version of Wordpress that apparently has some vulerabilities and lacks the functionality of the newest version.  This blog is on the newest version and I have to tell you, the back end of it ROCKS compared to the old versions!

Aggressively train my replacement for my current job - I truly believe in the mission of the company that I currently work for–it’s just not my dream.  The company has been very very good to me and I absolutely will not leave them in a tough spot without someone to fill my shoes.  The position I hold is a role that I created and developed.  Thankfully, I have an excellent staff that will just need a bit of grooming and one of them will definitely be ready to take my spot when I leave.

That’s the plan.  I’ll let you know when I think of more :)

February 14, 2010

3YearPlan

3 years from today, I will quit my job. That is the 3yearplan.  Not that exciting, huh? Let me give you a little more background.

In general, I like my job. It’s a good job  and I work for an amazing company. I earn a good salary and I receive large stock grants from my company on top of it.  I’m also a single mom to an amazing 4-year old little boy.  We live in a nice house, I drive a nice car, and we have a good life courtesy of the nice salary and stock that I mentioned above.

So why would I want to throw all of that away?

  1. I miss my son.  I’ve missed so much of his life already because I’ve had to go to work.  I feel guilty every single day when I leave him in the care of someone else.
  2. I have been employed for 11 years; I’ve spent the past 11 years of my life making money for and fulfilling the dreams of someone else.  It’s my turn now.
  3. Life is Good has a slogan that has appealed to me since the very first moment that I read it: “Do what you like, like what you do.”  This slogan is written on one of my favorite coffee mugs.  Every time I look at it or think about it, I feel that same familiar ache to “follow my bliss.” Life is too short to be anything less than happy.
  4. From a young age, we teach our children that they can be anything that they want to be, the sky is the limit! Why is it that when we make it to adulthood that some of us have become so comfortable in the familiar that we stop chasing our dreams? I know that I did—not anymore…and most certainly, not in front of my son.  The best example that I can possibly set for him is to follow what makes me truly happy and to “walk the walk.”

So why a 3 year plan instead of immediately turning in my notice?  In 3 words: I’m not crazy.  Just kidding! I have a mortgage to pay and a child to support! I believe in myself and I know that it WILL happen, but it is something that I cannot blindly jump into.

So why blog about it? Because I know that I’m not alone.

I know the mini-thrill that I feel every time I read about someone who has successfully managed to follow their dreams. When I read a magazine article or a blog or Etsy’s Storque Quit Your Day Job blog installments, I feel excited and energized.  I feel this wonderful sense of encouragement that I too can take a risk and make it work.

There are women and men everywhere who share this dream.  For me, I know that it is time to make that dream into a reality—join me as I make it happen.  I plan to blog it all—the ups, the downs, the reality.  All for your reading pleasure (and my personal motivation—hold me accountable, people!).

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