Ladies, I got the ol' taxes done last night and it's not pretty.
I owe more than my wedding dress budget.
I was sort of expecting this because I was 1099'd for my freelance editing.
I work with an amazing mama, and she does everything in her power to get me the most money she can. Last year I got a lot more than I had expected and was over the moon. This year, not so much.
Aside from that, she spent some time with me reviewing the shop. How much I spend versus how much I make.
It comes down to this. The money I spend (purchasing the actual items, gas, promotions, shipping and supplies, etc.) is about equal to the amount I made. Wait, no, that's not entirely true.
I made $300.
Now, $300 for the amount of work I have put in for a whole year ...whole Saturdays spent taking photos, washing clothes, measuring, writing descriptions...That is just not OK.
So, do I close up shop? Do I charge more (I really don't want to do this)?
On the bright side, we realized that I made more in two weekends of pop-up sales (so, two sales), than the entire year of etsy. But that sort of fizzled, and I have no space to continue doing that...
My heart is heavy this morning because I know I do this because I love it - nothing makes me happier - and it shouldn't be about the money, but it is a lot of fucking work, friends.
Any pearls of wisdom for me? I could use them.