The Side Business Continued

Thank you for all your thoughts on the side business.

Hiring an employee is a great idea! However, my side business is situated in an integrated part of our home. That would mean this employee would have to trot through our home in order to do his or her work. This is not an option.

I’d still like to be an entrepreneur. It’s just that this particular side business isn’t working for me. Firstly, I just can’t combine having to pick orders and send them with being a mother. Secondly, this side business just isn’t in line with my latest view of the world. I am selling crap and here I am condemning buying crap. That just doesn’t make sense and it doesn’t feel right anymore. I am thinking about becoming a budget coach or something like that on the side.That certainly would be more in line with the new me, don’t you think?

By the way, the day I told myself I was going to quit the side business felt like a huge load off my shoulders. I just know this is the right decision.

Love,

Mrs EconoWiser

I Am Thinking About Quitting The Side Business

I just can’t see how to fit in entrepreneurship with being a mum, a wife, a friend, CEO of this household, an employee and most importantly myself. I hate the fact that sometimes I have to spend time on the business, because parcels really should have been posted three days ago, instead of spending precious time with my daughter.

There’s really no other option. I just don’t see how I can pull this all off. I’d certainly regret spending time working on the business instead of time with my daughter later on in life. She’s three and a half months old and has figured out how to roll over from her back to her belly. That’s the important stuff, isn’t it?

Yes, it will have an impact on our wealth. Is it worth it? Hell yeah!

Love,

Mrs EconoWiser

The Numbers Are In

June 2014
Mortgage: 32.1% (0.3% increase)
Emergency fund: 341% (we keep on throwing cash at our stocks on a monthly basis, but it will take a while before we get this down to 100%)
Stash: 11.04% (0.27% increase. FI, here we come! F-you money rocks!)
Income to spending ratio this month: 67% (hm…where did that money go? We went to a music festival, got an indoor skiing membership for two months during the summer and bought lots of organic products like nappies and shower gel. That money wasn’t wasted from our point of view…however these expenses won’t help getting FI sooner…)
Income to spending ratio this year: 58% (Ow, yeah!!! <60% here we come!!!)

Love,

Mrs EconoWiser

Swapping Saga Continued

Hi, I’m Mrs EconoWiser and I’m an addict. I’m addicted to this swapping website. Hi Mrs EconoWiser, welcome to Swapping Anonymous. ;-)

Well, actually, I don’t need help in kicking this habit. It’s a very Mustachian habit, I presume. See, I’ve been swapping my ass off. ;-) I have swapped an old coffee machine, jewelry I don’t wear anymore, books, gifts that I had no use for and what not against stuff for the baby. I think we don’t have to spend another dime to dress her for the next year. Also, I have swapped against other baby stuff that we intended to buy anyway. See, I want to keep the house clear of clutter. This swapping website is great if you’re looking for kid’s stuff, since everybody seems to have piles of kiddy stuff lying around the house. And once they grow out of it, it’s just sitting there doing nothing.

People can post pictures of the things they want to swap and they can also make an album. So when you’re interested in something they can browse through the stuff you’re offering. You can also post a request for stuff you’re looking for.

This way, everybody wins. We don’t spend any money, new stuff stays at the store and we all get what we want in the end. Yay!

Have you found a local swapping initiative yet?

Love,

Mrs EconoWiser

BadAss Baby Biking

I hate the fact that I have to rely on our car so much of late. I bought this thing that can be installed on the back of one’s bike which holds a car seat. This way you can bike around a 4+ month old baby. Ours is only 3 months old, but I can’t wait till she’s 4 months old so I can hop on my bike with her.

DSCF6381 DSCF6382

And I customized my bike bags to fit. (I cut some holes in handy places)

This is some serious BadAss Baby Biking, isn’t it? Yeah, our baby is one of the youngest Mustachians out there!

Love,

Mrs EconoWiser

Identity Has Been Compromised

The reason why I haven’t blogged of late is that my identity has been compromised. A close relative used my computer for a short period of time and Econowiser was amongst the open tabs. This relative is very much into saving, so that’s okay. It’s just that…I feel like I have to weigh every word I type. I used to own a blog in Dutch about the same subject and when relatives found out about that all hell broke loose…and I shut the blog down.

What’s a girl to do?

Love,

Mrs EconoWiser

Last Month’s Numbers

Mortgage: 31.8% (0.6% increase)
Emergency fund: 342.4% (45.7% increase….our ER keeps growing like crazy, even though we’re investing our asses off….)
Stash: 10.77% (1.27% increase! Financial independence, here we come! Ow yeah, we love F-you money!)
Income to spending ratio this month: 30% (thanks to a huge tax return and “holiday money”)
Income to spending ratio this year: 57% (Ow, yeah!!! >60% here we come!!!)

Love,

Mrs EconoWiser