WHAT ARE YOU DOING TO PREPARE FOR YOUR FUTURE?

futureDominik Schröder / Unsplash

This month’s questions for our post linkup over at The B Bar is pretty deep/personal. Which is why I love them. We have two of them this month, and I thought I’d answer them as well. I’m answering both of these questions by category — the future of my life and then also for my blog & business.

What are you doing now to prepare for your future? 

Life: When I think of “preparing for my future” my mind immediately goes financial. And without getting too personal here, I feel like I’m in a good place in some ways and I thought I’d be in a different place in other ways.

One amazing thing is that my husband and I have zero debt. We don’t even have a mortgage right now as we sold our home we still had in Kansas City last fall. I have only a few payments left on my student loans from college (which is why I say zero debt because I could pay it completely off right now if I wanted) so that will be gone in a few months. We finished paying my husband’s college loan off last year. So not only do we not have what is considered “good debt” (a mortgage and student loans aren’t really looked at as bad), but we also don’t have any bad debt. We pay our credit card off every month, our car has been paid off for years, and we only have one car. For where we live in DC right now we only need one car. We also both have retirement funds that we both contribute to (and if you don’t yet — GET ONE!).

When other people think of future, they might be thinking husband or baby — but I’ve been happily married for ten years (this week!) and babies aren’t anywhere in our near future (if ever). So my relationship and babies aren’t really what I think about when I think of the word future. I just see me and my husband being happy, and living a long loving life together (at least that’s what I hope for).

So that all sounds good, right? Now for the not-so-sure part.

Where we live is a huge thing on my mind for the future. The near future and the far future. We’ll probably change up where we live in the DC are this year. More to come on that if anything happens. We are tied to DC because of my husband’s work (for now), so we’re looking for something more permanent here that we can make our own. To be honest, I am excited about this near future move, but I’m also not excited. I love living right in the city, close to everything and not worrying about things breaking on a home that we’ll have to fix, but I also love the idea of having my own house again so we can update it how we want to. So this move will be interesting.

I also love to travel, and want to do it much much more (working on that) in the near future. I’d rather spend money traveling then on a mortgage, hence why my next move will be interesting. Houses in the DC area are ridiculous expensive. R i d i c u l o u s. Also, as much as I like DC, I don’t like the weather (basically hate the winter), and I’m not a fan of the constant allergies I have here. I’d prefer to live other places in the US and the world. Hopefully we will eventually make that happen.

Those are the main things that come to mind when I think of the future in my life. There are many others, but then this post would never end!

Blog & Business: I feel like I’m constantly thinking about the future of my blog & business. Like every. single. day. As far as preparing for it, I feel like planning and people would be the two keys to what I’m doing right now for my business future.

I do my best to plan things out, and follow the plan — whether that be an editorial calendar, or a long-term project. I think planning is key.

People are the other key. Your network can really make a HUGE difference in the success of your business if you are an entrepreneur. I think I’ve done a good job of meeting people and making connections. Could I do better? Yes, I do think so. I should probably try to meet more people outside my network, but overall I’ve got good people.

Continue reading for my answer to the next question!

 

What do you think you should start doing to create a better future for yourself?

Life: Two things. One is that I realize that I am very lucky to have been born into the family I was born into. In the grand scheme of things when I think of people all over the world — I’ve got it made. I’m lucky. Life is good.

Two is that I wouldn’t be Meg if I wasn’t extremely ambitious. I want more. I want to reach all my goals, live out all my dreams. Try to at least.

Now that we got that out of the way, I definitely want to save more for “retirement.” I hate that word. I want to live all the time. Live now. While I’m still young and able to — who knows what will happen to me in the next few years.

That said, I should invest more in my retirement. But I should also travel more, and create more special memories with my husband, family, and close friends. I’d rather end my life with a ton of amazing memories, rather than a ton money in the bank.

Blog & Business: If I knew the answer to this I probably would have done it already. I do think that one of the things that can hold me back is that I do a lot of different things. I’m not focusing all of my attention on one thing and making that one thing huge. My problem is that saying yes to only one thing, means saying no to a lot of others. And I guess I’ve just never wanted to say no to the things I keep doing.

Sometimes when people ask me what I do for a living, and I’m giving them the long answer of all the things I do — blogger, writer, photo stylist, content creator, painter, teacher, consultant, idea person, people connector — I end with — I’m the female version of Richard Branson, but without the money and the staff to back it up. I’ve got my hands in a little of everything.

Honestly, if I were able to get an investor that could see my vision for several of my businesses, and helped me hire people to make that happen, and mentor me — it would probably be the best thing ever. I think a lot of the things I’m doing are timely, so it’s hard to let any of them go for too long. With investment I could hire people to help me follow through on a ton of ideas and make businesses I already have grow, and work on others I want to get going.

Being able to create full-time jobs for people would be such an amazing feeling. I don’t know if I’ll go the investor route — it takes a lot of time just to prepare to pitch to investors, get the meetings, and negotiate if anyone is interested. Time I don’t have. So I just keep plugging along, planning things out, striving for big goals, being myself, and working my buns off.

I think I’ve started to think about things outside of the box more, and I should continue to do that. Why couldn’t I end up as the female version of Richard Branson? I could!

I do think I need to start meeting with people outside of my current network more often. People who are in completely different industries than me, know different people, different information — stretch my brain.

Alright, I think we’ve reached everyone’s attention capacity for the day (if not 10 paragraphs up!) so we’ll end here.

 

All of these awesome bloggers also answered our questions for this month’s blog linkup, check them out!
Liska Monet
26 and Not Counting
soak and simmer
Knowing Kelly
Carrie Loves
Alyssa J Freitas
Manifest Yourself
Rae Loves
White Cabana
The Yuppie Files
Little Wild Heart
Life Modifier
The Not Quite Adult
Random Little Faves
Perfect Enough For Us
Always, Anita
Feathers and Stripes
Something Good
The Golden Letter
Leigh Clair
York Avenue
Sequins & Strawberries
Emilie Lima Burke
with love from ellie
rejoyce
Bite My Fashion
White Oak Creative
StyledbyKesha
xo lacey
Whitney Bangel Blog
always craving
Evann Clingan
Turning the Corner…Fearlessly!
IN THE GREY
Beauty and the Pitch
PRBlonde

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Comments

  1. whitney

    Such great, thought provoking questions and very honest answers. Thank you for sharing! I’m heading over to look at the other blogger’s answers now.

  2. Susie

    I love your take on this question! I really only went into the financial side but I love how you broke it down into more categories also. Great read and definitely sparked some ideas in my mind also!

    xx,
    Susie

    http://www.SequinsandStrawberries.com

  3. The Yuppie Files

    I first started writing about not having debt either, beyond a house mortgage. Definitely a key part of planning for your financial future! And I feel your pain on the D.C. area housing market, which is how we ended up out in Fairfax. I watch HGTV all the time & want to cry at how much homes cost in other areas of the country!

  4. kate // always craving //

    I’m with you on the moving part! We’re currently looking to buy a condo in Chicago and the struggle between how much we can afford versus how much we want to so we can still travel and live life fully is difficult to figure out. I always said I’d rather travel than have a big place, but “big” in Chicago is basically small, as I know you’re only too aware of in DC! good luck!

  5. Joyce

    I have never regretted spending money on a trip! I have, of course, regretted spending money on other things —but never travel! A recent visit to my aging grandparents really struck home with me the importance of traveling now. While your body still can! You can’t take it with you 🙂

    Loved this month’s link-up topic!
    Joyce

  6. Alyssa Freitas

    That is so great that you’re debt free! I’m in college right now and my goal is to be in the same position a year or two after graduation.

    Thinking outside of the box is the best things you can do for your business so keep it up!

    Alyssa J Freitas

  7. Anita

    First of all — such a great prompt! I love reading everyone’s answers to this.

    The rent/purchase debate is one that I think about a lot. We’re not anywhere near ready to buy a place (we’re moving too often at this point) but I would like to eventually have that option, especially since I truly LOVE interior design and would enjoy that freedom. But I’m with you — travel is an absolute priority!

    Gah! It’s all such a balancing act.

    Always, Anita

  8. Rachel

    I absolutely love your honesty here! My husband and I just moved from the DC area to TX for some of the reasons you listed here ($$$) and some other reasons. But, I totally get it. Planning is sort of like a moving target. Although you’ve got a great foundation financially and for your business you still want more, as do I! This is a great thought process to have and these questions that you bring up, as well as focus on planning and people are important for me as a young, newlywed.

  9. Kesha Kikaya

    Traveling is something that I also plan to do more of in the near future! I appreciate so much more of life by exploring different places in the world. I also agree with networking and meeting new people outside of the box! It gives a different perspective and definitely new ideas and inspiration into what it means to be a blogger. Preparing for the future is a constant shift and adjustment as life can sometimes be unpredictable but thats what make its fun and interesting!

    Thank you for sharing for thoughts. I really enjoyed it!

  10. Krista

    hi Meg, i have been an avid reader of your blog for a long time and this is the first time i have ever commented. your post really resonated with me. I am in the same place you are: long term relationship, no kids in sight, debt free, investments and retirements and a love to travel more. I also own my own business. these conversations have been coming up for me lately, what does the future hold? i really enjoyed this post, it helped me clear up some of my own questions too. thank you!

  11. Jordana @WhiteCabana

    You really had us all thinking this month. It was a tough post, but I’m glad I gave it some thought. I’ve loved reading everyone’s point of view today. Thanks again for your leadership!

  12. Alexandra

    Stretching your brain! I completely agree. I totally love your header, by the way! Those colors are gorgeous!

    Warm Regards,
    Alexandra
    http://www.littlewildheart.com

  13. Monique @ The Flair Society

    I’m also in the DC area and agree with everything you’ve said. It’s an awesome place to live, but between the awful winters, my allergies and the expense, I’d love to live somewhere in the U.S. Work and family keeps me in the area, but when I think of future I automatically see us living somewhere else.
    Also, adding you to my list of people who are inspiring me to live debt free!

  14. Andi

    Love your answers!

  15. Mom

    It is so important for young entrepreneurs to develop a savvy financial plan early. As we say in the business, “don’t work for your money, let your money work for you”. Put away as much as you can as early as you can and let interest do the rest. My daughter actually paid attention! 🙂

  16. Myra

    I will never read your blog since your ad is blocking a large portion of what I want to read and no way to delete it!

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