Looks like i'll have to extend my goal then! I guess the 100K is just an arbitrary number, once i hit that i will be looking for the next step anyway.
The 5 year plan to £50k
- Thread starter FoxEye
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Looks like i'll have to extend my goal then! I guess the 100K is just an arbitrary number, once i hit that i will be looking for the next step anyway.
It is a little frightening that this was 5 years ago. Here we all are, posting on the blue screen after all this time. We are all mad!
For what it’s worth, in that time I’ve learned that money is absolutely not everything!
:/
Soldato
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Can't believe it's 5yrs tbh.
Soldato
- Joined
- 11 Sep 2009
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- 14,064
- Location
- France, Alsace
Maybe after the next 5 I'll have made one of these damn "business ideas" work. That's my aim anyway... see if I get further than old FoxEye!
Has he moved out of his mums basement? Surely that alone would be a step in the right direction. Money is an enabler, but there are so many other things in life you should focus on and sort out before money.
We don't have a basement. Who in the UK has a basement?
That aggravates me so much. I don't care that y'all know I live at home. It's not even unusual (at least down here, or elsewhere like in London, etc).
But for Pete's sake, it's not a basement
I have free roam throughout the whole house! Imagine that!I'm still not going to be a renter. Think I'd rather end it all than pay 75% of my wage to let someone else pay off their mortgage. Not even joking.
Renters are the slave class of modern Britain. They really are. Wage slaves. #RentIsSlavery
Are you going to answer the question? How have you done?
I could, but it would make for quite painful reading, and perhaps not for the reasons you might expect.
There are issues in my life that far outweigh the amount I'm earning. This thread has taken on a life of its own and seems to have been of some use to a few people, as others have chipped in with good advise, etc.
If I actually tell you what you want to know this thread is going to some dark places. It's probably better that I don't.
We don't have a basement. Who in the UK has a basement?
That aggravates me so much. I don't care that y'all know I live at home. It's not even unusual (at least down here, or elsewhere like in London, etc).
But for Pete's sake, it's not a basement
I'm still not going to be a renter. Think I'd rather end it all than pay 75% of my wage to let someone else pay off their mortgage. Not even joking.
Renters are the slave class of modern Britain. They really are. Wage slaves. #RentIsSlavery
Do you have a mobile phone contract?, or broadband etc. Think of rent as paying for a service. Instead of being able to browse the Internet you are paying for independence. Being a slave to a mortgage isn't much better.
Your parents will die and you will inherit the house anyway. You will gain independence and the chance to get some kitties but you will be in your 50s and the villagers will all think you are a weirdo.
He said he didn’t want to give an update, leave him be!It would be interesting to get an update regardless, even if it has taken a turn for the worst. I doubt many people are going to be adversely affected by an internet thread
It could also go the other way, you may get some good advice on here amongst all the usual drivel some seem to enjoy posting. Up to you, but nothing ventured, nothing gained
Hope you’re well fella.
Are you his spokesman?
I am sure that he will divulge if he wishes to, and wont if he doesnt.That was my initial advice/contribution to this 5 years ago:
I get the dislike of landlords but that stance taken to that extreme gets a bit silly/irrational and is perhaps something you ought to get to grips with/work to overcome as it could be a bit damaging, especially if it prevents you from otherwise pursuing a career you might enjoy rather than just 'working to live' while staying at your parent's house.
Not to mention it is a useful service for people who want somewhere short term (such a students) and/or want to share with other's. If you already had/have the deposit for a house(IIRC you did/do?) but lack the income then being able to move somewhere in order to establish yourself in a career you might enjoy is surely better in the long term even if short term you need to suck it up and face the prospect that you're helping to line the pockets of some landlord for a couple of years or so while you establish yourself in your chosen career. It can't be good mentally if you're otherwise in a mundane job you don't enjoy and still live with parents, also rather awkward if you've got a partner or are dating etc..
I mean do you have siblings or do you stand to eventually just inherit your parent's house? I guess in the latter case you can perhaps carry on but in the former you might be postposing the inevitable unless you've built up a much bigger deposit and an equity stake from the parent's house split with sibling(s) allows for you to feasibly make a purchase while earning 20-something-k per year.
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