Time of Reflection

| December 30, 2008 | 4 Comments

Wow, the New Year is right around the corner. This is the time where I look back at my 2008 goals to see how close or far I’ve come to achieving them. I also begin to chart my goals and come up with my plans for 2009.

On the freelance writing front it has been a profitable year. It’s easy to make a profit freelance writing online because the startup costs are either low or non-existent. Therefore, anything I earn is profit.

Better than Last Year

My earnings have increased over 200% from last year. A little over two thirds of that was residual income while one third was active income. No matter which way you look at it, 2008 was a successful year for me.

Where Do I Want to Be?

While the numbers are definitely trending in the right direction, my financial goals are far from being met. Most of you know that when I started full-time freelance writing I left a part time job because I believed I could earn more writing than the part time job was paying. I ended up doubling my part time job salary through writing (Don’t get too impressed, I wasn’t making very much working part-time in a bank).

My goal is to be able to give my husband options. He laughs when I say this, but he gets up daily and goes to work. I’d like my freelance writing income to be able to give him the option of deciding whether or not he wants to keep his job, or find something more rewarding to do with his time (as long as he stays out of the kitchen when I’m cooking).Keep on Truckin'

Keep on Truckin’

I’ve got a while to go before we reach that day, but as long as I keep the carrot dangling in front of me, I’m going to keep on truckin’ until I reach it. After all, I doubled my part time job salary in the period of a year, didn’t I?

Take Time to Set Goals

Between now and the New Year is a great time to set goals. The more time you take in planning your goals, the less double work you’ll have to do. I learned the hard way that it’s better to take a little extra time in the planning phase to make the implementation easier and run more efficiently.

I believe we all have a bright writing future ahead of us. Lets set the goals, make the plans and reach for the carrot!

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Category: Freelance, Motivation, Self Employed, Writing

About the Author ()

Felicia A. Williams is a freelance writer and blogger. She spends the majority of her time with her family and writing. If she’s not writing or commenting on NJFM, she’s either outside smelling the roses or writing articles for one of her other sites.

Comments (4)

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  1. Wow. I was so happy to read your blog post (and I was sure that you would post something like this) but reading your goal made tears form in the corners of my eyes. I am dirt broke now but rich on ideas, and my goal is to make enough in writing income (and have plenty of reserves) to let MH fly wherever he wants to and get out of the Army. I would like him to have his own helicopter(s) too, but mostly I just want us to be both completely free to live our dreams. Best wishes in the New Year.

    Jessie Heekins last blog post..Here comes the new year

  2. Alina Bradford says:

    Wow! 200%? That’s fantastic! Here’s to another profitable year in 2009!

    Alina Bradfords last blog post..How to Make Money with Suite 101

  3. Felicia says:

    I think we’re all in for a great 2009! I believe that if you have the dream, you can achieve it.

    Jessie, keep those ideas flowing. It was an idea that got me to stop working in the bank and start writing (probably one of my better ideas).

    Happy New Year to you all!

  4. jen brister says:

    I fully intend to quit my day job and go freelance full time by the end of 2009. I’m very excited about this and am planning step by step how to do it.

    jen bristers last blog post..Writing for Lifetips

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