Wednesday, March 12, 2014

Long Term Goals

Preparing tax paperwork is not my favorite activity. I keep excellent records, and I am generally able to put hands on anything I need, but anytime I analyze my money, I get...a little weird.

Taxes are a forced annual review of my financial life. "Where your treasure is, there is your heart." I wish this review put me in a better mood, but I have nature and nurture working against me in the financial realm. Nothing could foul my dad's mood like an evening balancing the checkbook. Shopping is mom's usual method for ditching the blues. Not the best template.

So when I see in black and red that my writing expenses outweigh my writing income for 2013, I must allow that, according to Dave Ramsey, writing remains my hobby, not my business. I could be upset by this, but I am not, for several reasons.


1. Writing is not my day job. 
Statistically, it takes at least two years to turn a profit on a new business, and that's when you go all out, whole hog, throw yourself into making money mode. I haven't, because I don't need to. I have a day job. I write because I want to (at least, I think I do). Any income at this point is icing.

2. Time is part of the plan.
I need writing to keep my brain active and supplement my income years from now (cause my day job does that at the moment). My current writing goal is to build inventory, one quality book at a time, so that I may reap a harvest later. This is a marathon, not a sprint. Turtles don't sprint.

3. I must have fun.
God meant for man to work, even in Eden. That tells me God expects us to enjoy what we do. I used to enjoy writing, and I have varying degrees of faith that I will enjoy it again. Doing something I enjoy and getting paid anything for it is gravy on the icing.

Finally, most of last year's expenses were Realm Makers' related, and something of an anomaly for my writing education budget. Take that out of the equation, and I made a profit on writing last year. 

I've put the checkbook away for the moment (until April 15, anyway), so my general mood is improved. My writing mood is even keel. Slow and steady wins this race. I've got the slow. I'm looking for the steady.

Happy Hump Day, dear readers. Enjoy whatever weather you're facing today. It will change in a few hours anyway.


1 comment:

  1. A great article and a good analysis of keeping writing goals in the proper light. I get irked by people who want to know if I'm making a lot of money from my writing yet. "Oh, about 1/2 a tank of gas every 3 months." Then I want to ask them how much their hobbies (usually TV watching chief among them) make for them, but I don't. I try to be a good kid.

    ReplyDelete