While my professional background is in research and education, I never really felt completely fulfilled in what I did. Then my daughter was born and my husband and I decided it made sense for me to stay home for a couple of years.
Now (2017) my daughter turned 3 and started preschool part time, which left me thinking about what I want to do with my free time. I don’t feel that three mornings a week (time when she is at school) is enough time to justify getting a job (and also because this is temporary and soon she will be going full time), so I have been trying to find other productive ways to fill my time. Some days I use the time to clean the house, other days I use to tackle my to-do list (which is always endless), and I have plans of going to the gym more regularly. But I confess that I feel guilty. Guilty for having the time to do all these things, when it seems the whole rest of the world is working.
We do okay with just my husband’s income, but with my daughter at school I feel that I should be doing something that will earn us money. We have so many goals that we could move forward with quicker if we had an extra income. However, the thought of waking up early in the morning and spending most of my waking hours doing something that is not fulfilling terrifies me. Then I start to think of the logistics of a household where both parents work. Once she is older, will we be available to watch her concerts and sports events (or whatever activity she chooses to do)? What do parents do with their kids once school is out (take a vacation at the same time? Camp for the whole summer?). And most important, how much time will we spend together as a family?
For several months now I cannot stop thinking that there must be another way other than the 9-5 routine. I have read about passive income, but usually disregard as something that only works for a lucky few. But as the clock starts ticking for me and I realize that soon I will have to make a decision as to what I want to do, I realized that I need to try. Try something, anything that can bring income and still allow me flexibility.
I’ve learned that I am at my happiest when I am working on a lot of different projects at the same time. Another reason why having one job to do for 40 hours (or more) a week frightens me. I wonder if it is possible to have a combination of part time jobs and passive income that will be able to take the place of a fulltime job.
I have read about several people that did it, and for most it was a mixture of persistence and luck. I can’t plan for luck, but I can plan for persistence and hope it pays off. At the very least in the end, if nothing works out I will be able to say that I tried.
The options for passive income are diverse: invest in the stock market, have rental income, start a blog, write a book, start and automate a business, develop an app, you name it. The one thing they have in common is that they require either a high financial investment or time investment up front (or both!). I also know that there is a good chance I will fail before I find something that works. So how do you feel ok committing so much into something that may not work? Personally, I decided to choose options where I can learn skills I find interesting. So with this in mind I decided to try my hand at creating a science related website, a youtube channel for children, and of course, this blog.
The first is due to my love for science mostly, but I also because although I never views myself at “tech-savy” becoming more knowledgeable of the online world is a desire of mine. I already know what I want to do and have been working offline on it, so now I need to make it happen online. I have to say that starting this blog has been a great practice, since at times, it has been extremely challenging for me to learn how everything works in the background.
The YouTube idea is actually a result of watching many hours of educational kid channels with my daughter and start wondering how they were made. I attempted making one video recently, and was pleasantly surprised by how much I enjoyed trying to figure out how to use a video editor program. The video did not turn out half bad, but I learned that natural lighting is just not enough. I am however now the proud owner of some awesome professional lights (thanks husband!) and just need to get organized in order to get started again.
Last but not least, I started this blog. Making this blog a source of passive income is something I want to thread very carefully however, because most of all I would like it to be a place where I can interact with others, and I don’t want anyone to think that I am doing it just for money (although I would be lying if I said it would not be nice if it happened). So far I have enjoyed every minute I devoted to it, from figuring out how to set it up (which I know need help, but I will get there!), to interacting with others (the best part of it!). I did start playing around with Amazon Affiliate, but I will only post products that I have and know well, so that I can give my honest opinion on them. I do believe they can be helpful to readers and if it can help the blogger as well it is a win-win situation to all involved!
I hope I can interact with others that also have passive income goals that are either beginning like me (and we can walk this journey together), or people that may be a little ahead and are willing to share some tips with those of us that are a little behind. I am looking forward to interacting with all of you as we learn how to create the life we want.
Please feel free to email me and/or leave a comment. I would love to hear from you!