I am sorry I have avoided this blog and
my other one. We have just had so much going on here at home I have not had the time or energy to put together much.
My husband like myself is self-employed and with the economy lately that has had more downs than ups. In November he went six weeks without work and then for the last four he has not had any work. We have gone round and round about what to do and tried to have faith that God was in control, and He is, but it still has been tough!
We finally made the decision he would look for regular work with a company and at the same time if any jobs came up he would do those. I know the idea of giving up his company was not easy for my husband and I am thankful he is willing to do so. He has had some interviews, all promising to let him know something in the coming weeks. He does have a job that will take 4-6 weeks starting Monday and we hope that by the time it ends someone will call him about full time work.
I can tell you that over the last 6 years that we have both been self-employed off and on I have learned somethings that I think can make a big difference for any self-employed person. In no particular order here are my top tips:
1. Have a good support group. When things get hard this will make all the difference. For me it is God, my family and friends.
2. Save money during the times of plenty and do not touch it.
3. Check out
Dave Ramsey! Paying our house off a little over a year ago has made a HUGE difference for us along with his other principles.
4. Live within your means; I honestly believe you should live far below them but within them at the very least.
5. If you use a credit card pay it off every month. You never know what the next month may bring. I think a debit card is best but I know that is not always practical.
6. Keep good records
7. Keep your personal and business money separate
8. Keep up with your taxes, Keep up with your taxes, keep up with your taxes!
9. Network and get your name out there.
10. Do not let your business take over your life, you need to make time for your family and for yourself
11. Believe in yourself and do not give up
12. Know when to walk away. I know this may seem like it contradicts number 11 but there does come a time when you know you have to do something else. It may not be for financial reasons but you need to know how to recognize it and even have somethings already written down as signs for you.
I have written a little more about what is going on from a more emotional view point on my
other blog if you are interested.
Labels: Family, Making Money At Home, notes, Simple Abundance