Well, that didn't take long....
A couple of days ago, I posted about how we’re going to gradually start monetizing this blog. The reason? We were bracing ourselves to lose one of our larger income streams, and therefore we were looking for ways to bring in supplemental revenue.
Well, it all went down faster than we thought. On Friday, we learned I was being laid off from my online job. Grunt. This fills me with mixed emotions. On one hand, I very much like my coworkers, and will miss working with them. On the other hand, the hours were long and I won’t miss getting up at 4:30 am to start work by 5 am.
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As with anyone facing a layoff, Don and I staggered around in shock for a few hours after we got the news. Last night we held a budget summit during which we mapped out our monthly and yearly expenses, and identified where we can cut back. Discretionary spending, of course, is being severely curtailed until further notice.
We recognize we’re wildly fortunate, for a number of reasons:
• We have no mortgage. We own our home outright.
• Our living expenses are very low. After decades of frugality, we have black belts in frugality. That experience is coming in handy right now.
• We have other income streams, albeit not as large or as stable as the one we just lost.
So our task right now is to adjust our expenses to our reduced income, while simultaneously working to increase that income. We are SO used to his. We’ve done it many times before. It’s not a hardship, it’s a challenge.
In a way, I’m looking forward to my last day of work. It will allow me to devote more time to writing, which is how I’m hoping to ramp up our revenue. I’ll be approaching the various editors I’ve worked with over the years and pitching additional material. Don and I will also be querying about new publishing opportunities to see if we can broaden our writing credits.
So while a door is closing, some windows are opening. It’s just another adventure.
Source: http://www.rural-revolution.com/2025/02/well-that-didnt-take-long.html
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