When the end of the month approaches, I am reminded of the financial mess that I made.
It can’t really be helped much when unforeseen events causes business to fail or perform poorly, and when the end of each month rolls in, bills reminds me that what I have is not enough, and that I am failing.
We run a physical store, which has been in operation of around five or eight years already. It’s not much, but it has been able to augment our finances, apart from my regular desk job. Thanks to our business, we somehow did well for ourselves.
However, as times changed, so did the market environment. There seems to be more competition which took a chunk off of our market share, slowing sales down. While our business still could float on the water, our personal finances which relied initially on excess profits from the business is struggling.
Aside from that, we also made terrible investments that flopped this year. In our attempt to increase our sources of income, we inadvertently ended up making more problems for ourselves when the second and third business we invested in failed. It’s understandable that in business, there is no guarantee. It just hurts when mistakes have repercussions – and in this case, additional bills to pay at the end of each month.
Earning online as a primary source of income was never really a plan before – it was more of a hobby, a source of income on the side. I have this redbubble shop where I create designs which could be sold on that site for phone cases and shirts, and stickers. I have not really thought about blogging as a source of income, and yet I have started to study on what ways one can earn income from their blogs (affiliate marketing is one of them, which I am still lost on how to go about with it.) Patreon is something that is completely foreign to me for I really don’t know how in the world I could use that platform…
What I’m trying to say is that I know that I have a problem, and that I am actively trying my best to figure out a solution… Yet it can be a bit daunting, and also disheartening when the bills roll in.
Some problems in life can fix themselves without worrying about it too much. Some require minimum effort. Yet some problems need not only a lot of effort but would only be fixed after a period of time has passed.
On a bright note, my younger cousin – who is I treat as like the little brother that I never had, is going to get married next month on December 7. Five years ago, he stood as the best man in my wedding, mostly because his elder brother – who is also like the elder brother I never had, was not available. I wish him the best in life.
Well, I hope you have a nice day. Later.