A Plan is Forming

I’m terrified. Sitting in a meeting today I was suddenly flooded with doubt about whether I could really leave my job. How will I survive? How will I pay my mortgage? It’s very scary to be so use to a paycheck and then have it suddenly disappear. What if I don’t get writing jobs?

Tonight, I decided I had to make a plan. It’s one thing to say you’re going to do it, and it helps to want to do it very badly, but every good idea needs a plan. Here is mine: The way I see it, I need to save up enough money to make it through at least six months. After six months if I’m not making ends meet, I will have to find a part time job to help supplement my income. I’m happy to report I am well on my way. Without giving any numbers away, I think I have at least three months banked.

My husband and I went over the plan tonight at dinner. He is more confident than me. He tends to think in more simple terms, and insists that we will be okay. Plus, I have already started writing for a content producing site and been there for almost a month. All that money is going directly to my savings for the big transition. I have also been implementing other save money tactics. I’m not shopping or spending extra money on anything. We have changed our budget and taken out everything that isn’t a necessity. All said we are able to save a lot of money a month. I’m feeling more hopeful about the whole money thing now.

I’m also looking for ways to increase my monthly income while I still have a job. The plan is to look into eHow and other similar sites. If I can build up a portfolio there and make money on a monthly basis with little effort, it’s worth a shot. I know it will take a while, but my goal is to have a strong start before I leave my job.

With all that planning, I still haven’t narrowed down a date to leave my job. Obviously, it would be nice to put in my notice tomorrow, but that isn’t realistic. I have a project I am working on for May and another coming up in August that I have already started working on. It would probably be acceptable to leave in the beginning of June, and better to wait until the beginning of September. It’s not that I owe my company anything, but I don’t want to leave them in a lurch. I want to give them plenty of notice and be sure they can still be successful without me. As I have said before, I don’t dislike them; in fact I truly want to see them do well, with or without me.

And of course, with all of this I am searching daily for additional freelance jobs. Anything that I can take to make extra money, get my name out there and fine tune my writing will help me immensely with this transition.

It’s a start, a work in progress, stay tuned to see how it all works out!