Blog and life updates, Family Finances, Police wife life

Financial Leap of Faith and FinCon15

September 14, 2015
Financial leap of faith and FinCon15

14 months ago, to say that my husband and I were “struggling to make ends meet” would have been a gross understatement.

My husband was working 40 hours a week at his full time job as well as working the reserves one weekend a month. I was providing childcare during the week to try to help pay the bills. I even started a small craft business. It wasn’t enough. Working more wasn’t an option. I had newborn, and we were already working as hard as we could.

My husband was already working as a police officer, but he was being paid the same rate as he was making as a security guard before he finished the police academy, which was pennies. He wasn’t earning what he was worth, and his superiors kept coming up with a lot of empty promises for his actual police rate pay (which never came).

Facing foreclosure

We were facing foreclosure. The food that we put on our table came from the garden and government assistance food checks from WIC. Too many dinners were rice with vegetables that I grew. We were one or two weeks shy of my husband re-enlisting as an active duty member of the military and having myself and our two kids move in with my parents for a while. It was a dark place, emotionally and financially, that we never thought we would have to come to.

My husband took a financial leap of faith and started looking anywhere and everywhere for a new job. He had just achieved his goal of finishing the police academy, and he was done with his term of field training, but he was willing to go back to selling motorcycles or joining the military again, just to make ends meet. We both hoped that he could find a job for a different city working as a police officer.

One town with an open position seemed like our only hope. As my husband got further along in the hiring process, first passing the physical and written tests, the back ground check, and then the home check, we had more and more hope that this position was the answer to our prayers. He wasn’t even guaranteed the job yet, but we started packing boxes.

Our financial leap of faith 

I don’t like to talk too much about my faith online, but I wouldn’t be able to explain this story without it. I had a quiet peace in my heart about this potential position. After a lot of prayer, we both felt the need to pursue this job with alacrity and ready our home for sale or new renters.  We took another financial leap of faith, and we moved to the new town before he was even offered the job. There weren’t many homes for rent, and we found the perfect house for our needs which was within our budget. We had to pounce, or we would have lost it.

Anyone looking in from the outside would have seen our decision as brash, financially irresponsible, and foolish. Our extended family thought we were insane. But I knew in my heart that it was the right decision. This was a high risk, high reward situation, and we were willing to take the gamble. Since we were already facing the loss of everything, we literally had nothing to lose. We even had a renter lined up. Our good friend wanted to rent our house for herself and her three kids. I couldn’t have imagined anyone better as a renter.

Our financial leap of faith paid off. Two weeks after we moved into the new rental house, he was offered the job.

Since that financial gamble, we have had 13 months of financial security, money for rent, and food for the table. We have met new friends that are more like family, and we are happier than we have ever been. We still have a lot of debt, but we are working hard to pay it off and be free once and for all from that awful time of our lives. Our financial leap of faith paid back in dividends. We couldn’t have imagined a better outcome.

A new financial leap of faith

I took my own financial leap of faith in March of this year, when I took a course to learn how to get paid to write for blogs. That course was worth the investment. Cat, the instructor of the course, is both my friend and mentor. She helped me to reach the level of success with writing that I now have. I even paid taxes on my earnings for the first time yesterday. Nobody likes paying taxes, but that was a great feeling.  

I love writing from home, and I love working as a contract writer and freelance blogger. I am ready to take my business to the next level though, so with Cat’s experience and advice, I am taking another gigantic, financial leap of faith. I took on $1500 dollars of debt so that I can attend FinCon15.

FinCon15

This Wednesday, I will be driving to Charlotte, North Carolina for the four day conference. My dear friend designed and ordered 500 business cards for me to distribute, and I already have a few potential client meetings lined up. I am ready to work harder than I ever have before to meet new clients, make connections, and get my name known in the financial writing world.

I have never been more nervous for anything in my life, but I have the same kind of peace in my heart about this conference as I did when we moved without a guarantee of a job for my husband. The experience we had by flinging ourselves into the financial unknown, and surviving to tell the tale has made me more willing to take risks for the reward. I have faith in myself that I will be able to pay back my debt quickly. I made $450 dollars last month writing from home. Even if I don’t win a single new client at this conference, I will be able to pay the debt off relatively quickly. I see FinCon15 as a good debt, not unlike taking out a loan for school. 

I am ready to hustle hard, work harder, and make my own career dreams come true. I’m ready to take the financial writing world by storm.

What is the biggest leap of faith that you have ever taken? Was it in pursuit of your personal goals or your financial goals?

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14 Comments

  • Reply Norm Holland September 14, 2015 at 9:33 am

    You will be awesome! Get those cards out there and be your awesome self. We are so proud of you!

  • Reply Lisa September 14, 2015 at 12:03 pm

    You are successful already in what you have achieved since March, and with your motivation and drive I’m sure will continue to do well! I am inspired by your self employment achievements so far.

    Taking a new direction in our lives can definitely be a leap of faith and cost money. After spending ten years at home with our children, it was time to return to a full time job, but I couldn’t see having them stay with babysitters or daycare all summer so I chose to go to graduate school and get my teaching license. I had no job lined up, no guarantee, but took on the debt to get my license. I started out in odd positions, but at least they all paid the bills and my student loan payment. It took about 7 years and a second return to grad school for another teaching license, (also a leap of faith as I had no job guarantee that time either) but it finally all paid off in my new job.
    Lisa recently posted…Save Money by Being HealthyMy Profile

    • Reply moderatemuseblog September 14, 2015 at 12:06 pm

      Thank you, Lisa! But I think that you are the inspirational one here! Congratulations on earning your degree and license! That’s no small feat!

  • Reply Alexandra @ My Urban Family September 14, 2015 at 1:23 pm

    Thank you for sharing your story – and I wish you the best of luck in the future! It seems like you’ve already come such a long way and I’m looking forward to seeing your blog continue to thrive and grow :)
    Alexandra @ My Urban Family recently posted…Free Quote PrintablesMy Profile

  • Reply Chonce September 15, 2015 at 10:18 am

    Thanks so much for sharing your story Kristi, it’s so inspiring! Can’t wait to meet you and hustle together at FinCon :) One more day!!
    Chonce recently posted…I’m Engaged!! What This Means for my Life and my FinancesMy Profile

  • Reply Christina @ Embracing Simple September 18, 2015 at 12:08 pm

    You will be awesome Kristi! Go kill ’em at Fin Con and get your hustle on, you got this girl! Wish I was going to FinCon, hoping for next year! :) Have a great time!
    Christina @ Embracing Simple recently posted…Why Finding Your “WHY?” is ImportantMy Profile

    • Reply moderatemuseblog September 18, 2015 at 3:21 pm

      Thanks, Christina! I’m hustling hard this year. I look forward to meeting you in person next year!

  • Reply Reelika @Financially Wise on Heels September 29, 2015 at 7:59 am

    I have always held the opinion that when everything is falling apart, it is actually falling into part. Change is scary but at the same time exciting! You are doing great! I love your blog and I wish you and your family much success!
    Reelika @Financially Wise on Heels recently posted…Which Is Better, to Pay Off Debt or Invest?My Profile

    • Reply moderatemuseblog October 2, 2015 at 5:12 am

      I love that, Reelika! “Falling into part” – I am going to have to steal that. Thank you for your kind words!

  • Reply FinCon Changed My Life - Moderate MuseModerate Muse October 2, 2015 at 5:09 am

    […] FinCon15, took place in Charlotte, VA from September 17-21. I was blessed enough to be able to attend. The conference was incredible, I met incredible people, and I left with a huge fire lit underneath […]

  • Reply V October 12, 2015 at 10:05 am

    YES! Leaps of faith are my favorite! They’ve almost always paid off right away, and even when they haven’t, they pay off later on. I usually take those leaps when what I’m doing now isn’t really working. Love it!!
    V recently posted…Rhythm of RestMy Profile

    • Reply moderatemuseblog October 19, 2015 at 12:56 am

      Leaps of faith are definitely terrifying, but so worth it!

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