Thinking about what I'm going to do, professionally, when the kids are both in school full-time has been on my mind for a while.
For a long time, I've wondered what I could do to bring in an extra $1000 per month to the house. I figured that, even if I was a fast-food manager, I could make around $40k per year, working 40-50 hours per week. So couldn't I make $12k per year working from home, putting in 15-20 hours per week?
But the reality is that employers want some structure to their workforce and I can't provide that. As a homemaker, what are the hours that I could put into a job?
I figure I could put in at least 1-2 hours per day in the afternoon while the kids are napping. I could get up early and put in another hour before they wake up. I could put in an hour after they go to bed. So, conservatively, that's 12-15 hours before infringing on my weekend time.
What I've learned about being a work-from-home professional is that you have to have some entrepreneurial drive. For us homemakers, that probably means a home-based business.
What about consulting? I don't have enough professional experience to be much of a consultant. I'm an expert EA Sports NHL series video game player. I've got a BA in Creative Writing with a minor in Business Administration. I've got some Spanish. My most developed non-video-game-related hobby is cooking. But I have no interest in cooking in a restaurant.
Since graduating, I've waited tables, have been a line cook, tire and wheel sales, and managed the garage at an auto service center.
But I've also done a couple of other things that have interested me. One is investing. The other is business writing.
Part of my homemaking duties is to watch the money. For our IRA & 401k accounts, we have a professional financial adviser. He is great. But I'm not the kind of person who will just hand over money and let things happen. I've educated myself on investing terminology and strategy so that I can understand why he's making certain moves.
Since then, though, I've started making some investments. Some went well, some tanked. What I have learned, though, is that I love researching companies. (It was when I didn't do the research that I got my butt handed to me.) So I'd like to learn more about investing and finance. Not only to invest for myself, but perhaps to help others do so.
Occasionally, my brother sends me letter for editing. Sometimes they deal with the hockey team he coaches, other times they are for business. I have found the I like business writing. Sales and marketing have always been interests of mine, but have not pursued them with focus. I enjoy learning about the business and the project for which it is intended. To properly write something like that, you have to do what attorneys call 'discovery'. You have to learn about the company, not just about project. It's interesting and fun.
Since I have a degree in writing, a writing career would require less training. Both writing and finance would require a great deal of entrepreneurial drive. I would be able to start writing sooner. Finance has a greater potential for income.
I'll let you know if I decide on one or the other.