I actually attended FinCon this year (hence my silence around here lately) and my recap will be coming at you next Wednesday, but I wanted to do my annual #FinCon17 recap because based on Twitter, it’s a whole different conference.
Here’s what happened based on Twitter:
First off, there were identity crises (both online and off):
Today is Alaska Day and the day that I like to reflect on how awesome this state of Alaska really is each year. You’ve heard me brag about it all before, but here is my current list of why I love Alaska so much:
Coming at you today is a super fun quiz I made up determining your financial personality. It’s full of pictures and not at all research-based! Have fun and tell me what you get!
Also, when you’re done with this super easy quiz and if you haven’t taken my SUPER AWESOME quiz (which takes just a bit longer) – go do that. We’re up to 671 responses (THANK YOU FRIENDS!).
On Monday, we shared an introduction to Merch by Amazon and tips for beginners. Today’s post is our personal Merch by Amazon experience.
At the end of February, I heard about Merch and signed up. It sounded like the perfect platform for us (especially Mr. T – our local graphic designer that needs a creative outlet). It’s all about designing and researching (sound like a pair of people you know?!) and you don’t have to do any selling or customer service! At the beginning of June, Mr. T and I sat down to do our periodic financial date night. We talked about how our financial priorities for the next year were to get our kids to Europe and pay off our mortgage. The combined total of those was $40,000. We brainstormed how we could earn more money to make sure those things happened. Shortly after this discussion, we were accepted to Merch and threw ourselves into it. We uploaded our first shirt design on June 22 and sold our first shirt on June 27. We made a total of $7.07 in June (which showed up in our August plan update because of Amazon’s payment timeline).
Merch by Amazon is a t-shirt designing platform. It allows you to get your own designs in front of literally BILLIONS of Amazon shoppers. You simply design, upload, and then get a few bucks every time a shirt sells (you pick your own royalty per shirt. Amazon charges around $12-$15 depending on shirt style and your set price. Anything after that, you get to keep). There’s no shipping or customer service to take care of, Amazon simply prints and ships your designs.
Merch by Amazon is free to join (do it today! – maybe when you get accepted in a year you’ll want to!). The catch here is that you have to wait for approval. The time until approval is completely arbitrary. There are reports of people waiting between 4-13 months to get an invite. Also, sometimes they don’t even send you an email and your account is approved and then terminated for inactivity before you even know what happened. To combat this, just try to log in on the Merch website about once a month. If you can get in and see a dashboard, you’ve been approved. You now have 120 days to upload your first design.
Long, long ago, Steve over at Think Save Retire started a series called: our next life – then our friends over at Our Next Life, the blog, continued the series. We first participated in September of 2015 and ended that post by saying: “I should probably re-write this post once a year for the next seven years!” because plans change and ours are so fluid. So, here I am again 2 years later revisiting our plans.
2018 – Take the kids to England, Wales, Norway, and Iceland – this will be a 27-day trip! This is one of the big changes from when we wrote this post the first time. This was supposed to be an England-only trip the summer after we paid off the mortgage. Now we’re doing a sweeping 4-country trip (so still fairly slow travel compared to hitting many countries) and we’re doing it before the mortgage is paid off so we can visit my parents in England while they’re living there.
Ahhh fall. Crisp air. Fall leaves everywhere. Colds from school. The whole gambit. We’re living all of it here in September.
Along with fall came an onslaught of money spending! We continued booking next year’s big Europe trip. We also spent the beginning-of-the-year fees for lessons/classes for the kiddos. Details in our spending section.
Also, Mr. T and I just got approved for Global Entry. So we’re ballers now. At least when traveling. And I started a weight training class at the University (paid for by my company so I can maintain access to the University library for my research work). I’m the oldest, weakest among those college younguns, but I’m having a great time!
Want to know how easy it is for us to write these every month? I literally just log into my Personal Capital and revel in all the numbers being in one place. Do you like checking numbers? Do you like graphics? Do you like playing with calculators like retirement calculators and how much your fees are costing you? Then, you should obviously use my affiliate link to Sign up here to help yours truly speed toward financial independence! (Also feel free to read my more in-depth review of Personal Capital.)
Becoming a Millionaire FAST (and people that have done it!)
Financial Independence is Not a Marathon
The Gazingus Pin: Your Spending Weakness
The Brand Name Deception
Why I Want to Move to the U.K.
The Fill-the-Bucket List
Retiring Early? We’re Early Retirement Frauds
Saving The First $100,000. The Hardest?
Scariest Things to Say to a Personal Finance Geek
Financial Relativity (Your Experience is Not Mine)
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