Embracing new opportunities

in #blog7 years ago

We have a rather exciting fall and winter ahead of us.

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Opportunity #1

I've been offered to write a mini-class as well as a master class on toys and play for an upcoming online academy for mums. It's going to be a lot of hard work to have them ready by the deadlines. I'm excited to do the work though. I'd love to have a significant portion of our income one day coming from courses helping people with the things I know and practise. It's also a do the work now, harvest the benefits in the future type of work. Like with my knitting patterns, I did the work once and every month I see a small return from that work.
Hopefully, these courses will add another little income stream to my business by next year when they launch.
Overall, I'm hoping to spend a lot more time on my business this fall. I need a good system for tracking my hours so I know how much I'm doing and what the impact is.

Opportunity #2

Since we've paused all thoughts of buying a home for now and have instead bought a caravan we needed a new plan for how we want to spend our money. The caravan will take some money every year, but not the full amount we put aside from month to month. After talking about it for a good while and me spending hours researching and educating myself, we've decided to start investing.
We're going for a very passive strategy of buying an index fund. Just one for now as we get our toes wet. The tax system on investments is very different here than in the States. Right now having ETFs and bonds are not a good investment for us because they are taxed heavily.
With the index funds we are only taxes once we sell and since we plan to buy and hold, for now, it's 'safe'.

Opportunity #3

Come fall, my husband's workplace is moving much closer to where we live. It will mean his daily commute will go from 2 hours to about 30 min. This will give us much more time together as a family. My husband is hoping to use some of that time to further his coding skills in python and I'm hoping to spend more time working on my business. My husband works a lot of overtime in certain phases of the projects he works on. The fall should be a more relaxed period where he can use some of that overtime as paid time off. Fingers crossed we'll even get some of it paid out, although they don't generally do that.
Having more time together will allow us to spend more time apart in the evenings when our son is asleep. This way we can each work on our projects for a 1-2 hours most days hopefully.

What are some opportunities you'd like to take advantage of in the next 6 months?

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