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Fear Of Investing: Divide(nd) And Conquer!

This isn't something new. Over the last three years, we've been preparing for a drop in income, so when a few opportunities presented themselves, we could say, “YES!” without worrying about how we would pay the bills. January 1, my husband started his dream job. His 2013 income will be just 60% of what he made in 2012. Because we've practiced living below our means, we feel (kind of) ready to live on less.

This experience showed me that, when our income exceeds our expenses, we're not a slave to a paycheck anymore. We can say “yes” when we want to and “no” when we feel like it.

While we're getting there, we aren't there yet. Take me, for instance. I have this business idea. I think it's a good one. You know, low overhead, high barrier to entry, recurring revenue, and internet-based. But I don't have time right now to focus on it. I don't have the time, because I am trading my time for money.

And this, this, is why I need to conquer my investing fear. If we had significant monthly investment income, I would no longer have to trade my time for money, and I could start my business. If I no longer had to trade my time for money, I could choose to spend even more time with my family. I could choose how to spend my time. Period.

Yes, investing for the short-term is something that I've ignored, for all the reasons mentioned above. But now that I've gotten a taste of freedom, I want more. If I really want more choices, I have to learn about investing.

The investing plan for 2013

So, my husband and I created an investing plan. Throughout the year, I'll share posts occasionally about how I am learning more about investing and what I'm doing about it. I imagine that my experiences will be too elementary for many of you (if that's you, Brokamp's posts are so good), but I will share as much as possible to help those of you who feel, like me, that Investing 101 is still too hard.

I hope my investing homework will pay me in big dividends. (You knew that was coming, didn't you?)

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