Life is not getting any easier due to the economy and high cost of living. The economy is ever in the gutter and cost of living is ever increasing. Despite working harder and harder and studying more and more to make ourselves marketable for better paying jobs, it always seems that we are living in a rat race where the vicious cycle of high costs and low pay are the order of the day.
My wife and I are both working at decent jobs but we cannot seem to make enough money to meet our goals. We are not exactly poor, thank God, but we could do better.
We have been planning to do many things but often our plans remain right where they are; on paper. We cannot seem to be able to manifest our dreams and ambitions and make them a reality thanks to that great enemy, insufficient funds.
When we got married, we had great hopes for our future and we had a pretty well planned timeline that would see us gradually rise to the heights we envisioned. Sadly there were some crucial factors that we had not considered. One was the state of the economy and taxation, and the other was kids… or rather the timing for the kids.
We had obviously planned for kids but we had somehow assumed that by the time kids came we would have moved to the bigger apartment that was first on our wish list. Our firstborn however had other ideas and he came just a year after our wedding and we had not managed to raise enough money to move to the new house. Being new parents, we had also hugely underestimated the costs that we would incur as a result of the children. Soon we were delving into our savings. Bye-bye house.
Our new born, our son, was a great addition to the family. We were so happy with his arrival that we forgot about moving to the new house. We focused on raising the boy. We started making plans for his future and started planning how to save for his education and upkeep. Then the second born came.
The birth of our daughter was the final wake up call. We had to do something. Our salaries were not enough to help us attain our dreams. We needed extra income.
One of the things that I thought of was that we could open a music store and sell music equipment. This was an idea that came easily to me because my father had a similar business. I knew with his help I could start a small store in our town where there were very few specialized music stores. My idea was that I would only specialize on guitars and I would hire someone to run the store.
I loved guitars and I had a Taylor GS mini guitar that I kept from when I was a very young boy. My father had given me the guitar when his hopes had been that I would one day take over the business. Maybe I can give him some satisfaction by opening a branch in my town.