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    • Karmacat
    • By Karmacat 16th Jan 14, 7:37 PM
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    Karmacat
    Breaking Through, Travelling On
    • #1
    • 16th Jan 14, 7:37 PM
    Breaking Through, Travelling On 16th Jan 14 at 7:37 PM
    Hello

    I think a few people on this board know me already, from the dfw board

    I really need the focus of an mse diary - debts are all paid off, except for about 40% of a French mortgage - but income has been declining, and is currently pitiful. And without a diary, I've lost focus on getting the best deal for the things I *do* need to spend out on, like insurance, and Christmas train tickets, that sort of stuff. So I've come back properly after pootling about on other people's threads, and on general threads too, to be fair

    The focus is so that I can replace lost income - so that I can have a holiday of my choosing, for instance - and stopping digging into my savings for ordinary living expenses would be nice too Its also so that I can get my pension up beyond "miserable penury" - its kind of urgent, as under the system that lasted till about 15 years ago, I'd be retiring at the end of this year But I'm not, sadly. The aim is to retire in July 2016, when my younger sister retires, with a reasonable pension.

    One complication in earning more is that between arthritis, energy issues and the need to stay available to what clients I have, I can't / don't want to, take a second job. So more income has to be through other work - patchwork, portfolio, call it what you like (I know I do ).
    Retired August 2016
Page 3
    • DedicatedDFW
    • By DedicatedDFW 20th Jan 14, 8:36 PM
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    DedicatedDFW
    Oh KC - i must admit i looked at your list and thought you would do well with the calls as i have much the same experience of ringing round / trying to get hold of people etc. that takes much longer than you think it reasonably should - well done you getting so much done i say

    And to the request for pics of jobs needing doing

    Are you planning on moving then KC?

    And i am looking forward to reading your blog but *must* study first

    And.. um .. KC what are wall ties ? should i be able to see them or are they inbetween the brickage ?
    CC1:T £2531 £1460
    MORTGAGE OVERPAYMENTS: £10575.20 Target £12,100
    MF Date: August 2042 May 2035
    Declutter 1000 things by Xmas 2015! 53/1000
    • Karmacat
    • By Karmacat 20th Jan 14, 9:23 PM
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    Karmacat
    Oh KC - i must admit i looked at your list and thought you would do well with the calls as i have much the same experience of ringing round / trying to get hold of people etc. that takes much longer than you think it reasonably should - well done you getting so much done i say
    Originally posted by DedicatedDFW
    Thanks! I experienced exactly why I loathe doing that sort of thing taking forever. Only the accounts work got missed out on, and tho I'll care about that in a week's time, I really don't care about it now

    And to the request for pics of jobs needing doing
    He was very matter of fact about it, but very defensive too, he knew it was, erm, a bit unlikely

    Are you planning on moving then KC?
    Not in the next four years or so. But there's stuff that needs doing - a shower screen, a grab rail, air brick covers, laying ceramic tiles on the bathroom floor, and the biggie - repointing an entire wall he stuck an exploratory knife into the mortar and it went right through to the cavity its the wall that takes the brunt of this weather, and its a nightmare.

    I do want to move from here, its not where I want to grow old but I wouldn't mind keeping it and renting it out. My plans are quite fluid

    And i am looking forward to reading your blog but *must* study first

    And.. um .. KC what are wall ties ? should i be able to see them or are they inbetween the brickage ?
    Don't worry about the blog, I haven't written about Delany yet - I hate to say it, but I won't be trying to publicise anything till February - even tho I'm a bit cavalier about my accounts, time is getting short

    Wall ties look like ginormous great screws, with no head, they literally tie the two walls together that make up a cavity wall. Apparently in the 1930s they were put in as the house was being built, but unless they're installed carefully (without concrete bits on them from higher up the wall dripping on them, etc etc) then in years of severe weather like this, they can act as riverbeds for water, which then attacks the internal plaster - and thats what happened

    I hope your studying is going well - I'll hopover to your thread again and check it out
    Retired August 2016
    • DedicatedDFW
    • By DedicatedDFW 20th Jan 14, 10:31 PM
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    DedicatedDFW
    Ahh - this house i'm in was built about 1900 i think - so no wall ties as there is no cavity *brr*

    I have a post i think on the front page of my thread and its where i can jot down all the jobs that need doing as i remember them - they really are needs and not wants - after over 6 years of not having a penny to do anything these jobs have become more and more important I know what you mean though i have several biggies that need doing and even just 1 of them makes me

    Current studying is reading something else i really don't want to read There are a few on this course that i was looking forward to and then got to them and they are just hard work rather than a pleasure sadly. Still i'll get my head down and get on with it - i can't promise lights out by midnight mind as i'm hoping to get over 1/4 of the way through this bit as i need to push myself to catch up (always fall behind at assignment time).

    Fluid plans are good - life is full of change isn't it so nice to be able to move with things
    CC1:T £2531 £1460
    MORTGAGE OVERPAYMENTS: £10575.20 Target £12,100
    MF Date: August 2042 May 2035
    Declutter 1000 things by Xmas 2015! 53/1000
    • Pippilongstocking
    • By Pippilongstocking 20th Jan 14, 11:08 PM
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    Pippilongstocking
    I learnt about wall ties today - thank you!

    Hope you got out and about me dear......

    And fluid plans are the best kind.
    Overdraft 1 £1000/£100, Overdraft 2 £1000/£0, Credit Card 1 £1044.93/£0, Credit Card 2 £2710.57/2160
    Total Debt as of 6/8/2017 £5755.40 eek: total debt 24/9 £4060 PAID off £1695.40
    :
    • Karmacat
    • By Karmacat 21st Jan 14, 10:09 AM
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    Karmacat
    Yep, wall ties rule OK There are little cracks in plaster that have appeared, but thats the 2nd builder who's told me they're nothing to be worried about - I have another one coming round late this afternoon, and I'll go through the same rigamarole with him, so we'll see what he says

    Waves at DDFW and Pippi

    Didn't get out yesterday tho apart from gathering dead grass in the garden and today won't be much better, except I need to do the banking, so I'll walk into town.

    So here's the list:
    - do banking in town.
    - meeting with business partner (at my house, so no travel this time).
    - builder popping round - an hour? Sigh .... necessary.
    - accounts work! Done nothing at all since Friday ...
    - to stop myself going insane, I'll try to get out into the garden and tidy up a bit more.
    - ring my mum WITHOUT FAIL - she's got another day op tomorrow, my sister will be with her, but its not a light thing.
    - already done the shopping which will be delivered Tuesday - every 3 months or so, I do a huge, ginormous, tremendous shop, which is over £100 and so delivered free. And I don't have to carry any of that, or troll round the store and pack it I !!!! that.
    Retired August 2016
    • Karmacat
    • By Karmacat 21st Jan 14, 12:35 PM
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    Karmacat
    Made myself do a few accounts, and thought I'd found they'd overcharged me by £103 - they haven't, they had to send my bill a second time because I moved bank branch never mind, they were nice, and I can't say I didn't try
    Retired August 2016
    • mizmir
    • By mizmir 21st Jan 14, 1:01 PM
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    mizmir
    KC! feeling more at home back on MSE already having tracked down you and Bob! Sadly for my sins I am still over at DFW - and in a worse state than last time but with more determination and a proper plan!

    Great to find your diary!
    Aug 2017: £6200 £6000 0% BC
    Aim to clear and get back my Debt Free status by May 2018
    • DedicatedDFW
    • By DedicatedDFW 21st Jan 14, 3:39 PM
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    DedicatedDFW
    Hope your mum is ok KC x

    And hope it goes well with builder and your meeting with your business partner too x
    CC1:T £2531 £1460
    MORTGAGE OVERPAYMENTS: £10575.20 Target £12,100
    MF Date: August 2042 May 2035
    Declutter 1000 things by Xmas 2015! 53/1000
    • Karmacat
    • By Karmacat 21st Jan 14, 10:02 PM
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    • 151,598 Thanks
    Karmacat
    KC! feeling more at home back on MSE already having tracked down you and Bob! Sadly for my sins I am still over at DFW - and in a worse state than last time but with more determination and a proper plan!

    Great to find your diary!
    Originally posted by mizmir
    mizmir!!!! Hi! Sorry to hear its worse for you than last time I'll check at dfw and see if you have a thread and of course, you're living the dream to a large extent - well, it may not feel like that, if the debt is bad, but a dog lover doing what you do ... well, it sounds a dream to me great to hear you've got a plan.

    Hope your mum is ok KC x

    And hope it goes well with builder and your meeting with your business partner too x
    Originally posted by DedicatedDFW
    She's feeling a bit better, thanks, DDFW - my brother took her out this afternoon, and I encouraged her to talk about it all, plus she's happy to hear I'm getting stuff done on the house, she knows it needs it Builder wasn't a patch on the one yesterday, so I know which one I'll be choosing and my meeting with my business partner was very satisfying, thank you!

    I'm shattered now tho - just having a mooch around forums and diaries before I shut it all down and get a reasonable night's sleep
    Retired August 2016
    • mizmir
    • By mizmir 21st Jan 14, 10:26 PM
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    mizmir
    mizmir!!!! Hi! Sorry to hear its worse for you than last time I'll check at dfw and see if you have a thread and of course, you're living the dream to a large extent - well, it may not feel like that, if the debt is bad, but a dog lover doing what you do ... well, it sounds a dream to me great to hear you've got a plan.
    Originally posted by Karmacat
    Yes - am definitely living the dream - and am very happy with it all despite the debt. I am cross with myself because if we had stuck with it we would be debt free by now. But no point in looking back. Am here now and am getting things sorted. I will be concentrating on income generation - as that will be the key to success for us.
    Aug 2017: £6200 £6000 0% BC
    Aim to clear and get back my Debt Free status by May 2018
    • Karmacat
    • By Karmacat 21st Jan 14, 10:46 PM
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    Karmacat
    I'm sure you're right about income generation - some things, like ebay sales are worth it, but I wish I'd never got involved with trekking about doing mystery shopping, I really do - I think I exhausted myself, when I could have been thinking about a new business to start, and instead I was faffing about making £1.30 an hour and being out at all hours.

    Matched betting, otoh, is great! Like you, I've moved, and have a new account with a new branch. I'm researching a thing I heard about with laying against favourites (heard it from Homes Under The Hammer, of all places, while I was ill) - I'll let you know if the research proves or disproves it. Not good so far, I confess
    Retired August 2016
    • Karmacat
    • By Karmacat 21st Jan 14, 10:52 PM
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    Karmacat
    Hmmm. This is tricky for someone my age, but my pension pot needs to increase by another £150k! That would provide an annuity of about £9k p.a., but that would still only take me up to my current only-just-breaking-even income. Still, its a goal to aim for.

    And there *is* the French apartment, which might still provide an income once the dratted mortgage is paid off. And once I'm in my seventies (and thank you, thats an **awfully** long time away I'll be able to sell it.

    So. I've accepted the ebay/amazon challenge from DDFW for February, and other than that, February on the computer needs to be looking after the various pots of money that contain the funds I already have: better rate, safer location (as people get near retirement, they're encouraged to switch from volatile funds to less volatile).

    Okay. Sig to be entered tomorrow: euro mortgage and pension target
    Retired August 2016
    • mizmir
    • By mizmir 21st Jan 14, 11:44 PM
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    mizmir
    I'm sure you're right about income generation - some things, like ebay sales are worth it, but I wish I'd never got involved with trekking about doing mystery shopping, I really do - I think I exhausted myself, when I could have been thinking about a new business to start, and instead I was faffing about making £1.30 an hour and being out at all hours.
    Originally posted by Karmacat
    Thank you for this! I had today just been taking a peak at the mystery shopping thread and you have convinced me to let it lie. I would be better to focus on developing some new products for the business that I can get out there and sell. I am planning some online courses on Udemy which will be on demand - and I would like to start writing some short Kindle books. I must remember not to panic and to just keep building the business. In the long term that is what is going to get me out of this hole. It is going well at the moment - so I have something to build on.

    Matched betting, otoh, is great! Like you, I've moved, and have a new account with a new branch. I'm researching a thing I heard about with laying against favourites (heard it from Homes Under The Hammer, of all places, while I was ill) - I'll let you know if the research proves or disproves it. Not good so far, I confess
    Look forward to your report on that. I think February will be my matched betting month - things are quiet on the workshop front so I will try to make my income that way. As I recall last time I made about £2K so it it not small change.

    Hmmm. This is tricky for someone my age, but my pension pot needs to increase by another £150k! That would provide an annuity of about £9k p.a., but that would still only take me up to my current only-just-breaking-even income. Still, its a goal to aim for.

    And there *is* the French apartment, which might still provide an income once the dratted mortgage is paid off. And once I'm in my seventies (and thank you, thats an **awfully** long time away I'll be able to sell it.

    So. I've accepted the ebay/amazon challenge from DDFW for February, and other than that, February on the computer needs to be looking after the various pots of money that contain the funds I already have: better rate, safer location (as people get near retirement, they're encouraged to switch from volatile funds to less volatile).

    Okay. Sig to be entered tomorrow: euro mortgage and pension target
    Yay! A new challenge. Go for it.
    Aug 2017: £6200 £6000 0% BC
    Aim to clear and get back my Debt Free status by May 2018
    • Karmacat
    • By Karmacat 22nd Jan 14, 8:56 AM
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    Karmacat
    Morning!

    Mizmir - yes, since you have your own business, and have ideas to grow it, I'd say use the time that way - much more profitable than mystery shopping, though thinking about it if you can get *straight* onto the ones where you just send out an email and monitor the reply, thats great. But going to shops, checking banks - by the time you factor in going for the job, printing out the paperwork, doing the actual visit, filling in the form so you remember (and you *wont* remember otherwise, not the amount of detail they want) and then actually inputting the data at 10pm or something, its a pittance. And lets not forget the tax declaration - you might get a payment plus expenses, or pay your own, or a mix of the two, and unless you're going to give free money to the taxman, you have to write all that down accurately. I did a *lot* of mystery shopping, and I never had a net of more than a thousand pounds.

    January is just about getting up to speed for me. The challenges will come in February!
    - ebay and amazon with ddfw
    - sort out where pensions are stashed, including ISAs, and move around accordingly, or make a note when to do that.
    - keep going on laying against favourites research.
    - main jobs as per my first couple of posts - I definitely need to launch the cat website in February, I can't keep on putting it off.
    - hopefully whichever builder I choose will be able to do *some* work in February.

    And, oh yes, having a life

    Right. 8.55am. Time to get going on the taxes...
    Retired August 2016
    • DedicatedDFW
    • By DedicatedDFW 22nd Jan 14, 9:35 PM
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    DedicatedDFW
    You're not hidden under a load of receipts are you KC?

    Hope your mum was ok today ((hugs))

    You've got such an exciting thread KC with so many different topics going on where to begin

    Matched betting - thank you so much for mentioning this. I have never done it so from what you have mentioned i *should* hopefully be able to take up lots of lovely offers I will have a mooch when i've chance (quick study break just now) but is there still a guide on it somewhere do you know? I am really please you've reminded me about this because i was struggling thinking about where i could get a new source of income from so that i can meet my savings target - the lovely SF has set a challenge up and i'm not even out of the running blocks - actually i'm probably still trying to get my trainers on

    MS - i thought i'd start doing them again to hit the savings target - but as my feelings are just the same as yours i just cannot bring myself to do it - and it'd be alot of shops for the amount i need

    Pensions - i really must look into this. I have no pension. I want to invest in property as well as savings, stocks and shares and a pension too i guess - i'd better get a better job then But i do need to learn more but can't afford to see an IFA at the mo.

    And what is this intriguing news i hear of a cat website ?

    Hope all is good with you KC. I am going to get back to the books in a sec x
    CC1:T £2531 £1460
    MORTGAGE OVERPAYMENTS: £10575.20 Target £12,100
    MF Date: August 2042 May 2035
    Declutter 1000 things by Xmas 2015! 53/1000
    • Karmacat
    • By Karmacat 22nd Jan 14, 11:03 PM
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    • 151,598 Thanks
    Karmacat
    You're not hidden under a load of receipts are you KC?
    Originally posted by DedicatedDFW
    Kind of I have a really long piece of work on Wednesdays, and today there were a couple of people in trouble (difficult to talk about my work!). Plus phoning my mum, and texting my sister on the train.

    Hope your mum was ok today ((hugs))
    Thank you for remembering! She's fine, much better than the one last month, which she found very upsetting (its nothing life threatening, its cataracts) - they gave her the medication she opted for this time, instead of the bog standard stuff, so she didn't feel it in the same way, she's very relieved.

    You've got such an exciting thread KC with so many different topics going on where to begin
    sometimes thats the bane of my life, its difficult to settle to any one thing, but I wouldn't really have it any other way

    Matched betting - thank you so much for mentioning this. I have never done it so from what you have mentioned i *should* hopefully be able to take up lots of lovely offers I will have a mooch when i've chance (quick study break just now) but is there still a guide on it somewhere do you know? I am really please you've reminded me about this because i was struggling thinking about where i could get a new source of income from so that i can meet my savings target - the lovely SF has set a challenge up and i'm not even out of the running blocks - actually i'm probably still trying to get my trainers on
    I haven't been over to the board for years, I wouldn't dare tell you anything about it other than the basic principles - read everything, several times, I *loathe* printing things out, but I printed that thread out, and took forever. Followed the matcher software religiously, and did it early in the week so I could go back the next day and check it, rather than doing it just before a match - I could put on a corrective bet if necessary then.

    I've got my fingers in my ears about challenges until 1 February, la la la, can't hear you

    MS - i thought i'd start doing them again to hit the savings target - but as my feelings are just the same as yours i just cannot bring myself to do it - and it'd be alot of shops for the amount i need
    It did bring in money, and sometimes I did something at a loss because I wanted to go to that area for other reasons, but my poor levels of physical energy wouldn't allow me to do anything in that department, even apart from hating the tiny hourly amount you average....

    Pensions - i really must look into this. I have no pension. I want to invest in property as well as savings, stocks and shares and a pension too i guess - i'd better get a better job then But i do need to learn more but can't afford to see an IFA at the mo.
    More in the next post on that - this one's getting a bit long

    And what is this intriguing news i hear of a cat website ?
    Ah! Because of said low physical energy, I thought I should try to make money from a website - last year, I chose water - I try to be very green, and water seemed the most focussed of the green elements that I could find. But it was a logical choice, not a heart choice, and I finally heard the words, "do what you love". I love cats, always have. So for the last two months, I've been shaping a cat website - there isn't much thats based in this country about cats in general, as opposed to blogs about beloved personal moggies, or impersonal magazines, so thats what I'm building. When I start it, I'll send you a linkie I must, must, do it by 1 February - it'll drift, otherwise.

    Hope all is good with you KC. I am going to get back to the books in a sec x
    Yes thanks! More on that in the next one - the pension stuff!
    Retired August 2016
    • mizmir
    • By mizmir 22nd Jan 14, 11:07 PM
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    mizmir
    Ooooh - look forward to the cat website KC - would love a link too. Dogs are my thing as you know but do occasionally work with cats and do love them too.
    Aug 2017: £6200 £6000 0% BC
    Aim to clear and get back my Debt Free status by May 2018
    • Karmacat
    • By Karmacat 22nd Jan 14, 11:22 PM
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    • 151,598 Thanks
    Karmacat
    Pensions! Writing this has got me thinking, and I sort of interrupted my work on the tax figures to look at what my current situation is.

    Apartment
    Currently owe E34760 on it (was £75k), and a payment is due out in the next few days. The mortgage will finish in September 2018, current rate of interest is only 1.5% p.a., though it changes every 3 months. I think it might be worth E150,000, something like that, conservatively.

    Shares
    I kind of ignore the shares I have when I'm doing this, but I do have a few - approx £4,250. Very odd.

    Pension dosh
    Will currently provide an income of about £332 per month - better than I thought, but not exactly enough to live on - I want to retire in 2016, but I wouldn't get any state pension till 2020. Must do better!

    DDFW - if you want to start a pension (and I'm not sure how old you are, but anybody who's been in work for longer than 6 months or so needs to think about a pension, sadly. Anything is better than nothing. If you can't decide, think about either a cash ISA, or even one of those Regular Savers accounts, attached to a current account. I put the max allowable into that, and it gets 4% - its taxable, and it shouldn't be your only vehicle, but 4% is huge in today's terms. Longer than 5 years, though, you really need to think about shares, and an isa is definitely the most tax efficient, though it *has* been downgraded a bit, I believe.

    Property - I wish I hadn't struck out into France to buy property! I wish I'd bought a student house in Liverpool somewhere and got it managed by a property agent. Ah well.

    If my business plans work out, the ones on the first page of this diary, I also intend to go into property - seems to me the way to spread the risk is to buy in a cheaper area, and the area that calls to me is NW England. I was babbling the other day about a nice looking flat in Preston (poly turned uni is there, plus the usual hospitals etc) for £25k, and rents for flats are up to £90 p.w. - sounds a nice rate of return!

    Finally, 3 things to be grateful for:
    - for the sunshine today, and the chance to grow new things.
    - for my health, none of the things I have to attend to are life threatening.
    - for family.
    Retired August 2016
    • Karmacat
    • By Karmacat 22nd Jan 14, 11:24 PM
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    Karmacat
    Ooooh - look forward to the cat website KC - would love a link too. Dogs are my thing as you know but do occasionally work with cats and do love them too.
    Originally posted by mizmir
    Absolutely! I didn't realise you worked with cats as well. One section of the website will have interviews ... fancy being an interviewee later on this year?
    Retired August 2016
    • mizmir
    • By mizmir 22nd Jan 14, 11:57 PM
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    • 7,710 Thanks
    mizmir
    Absolutely! I didn't realise you worked with cats as well. One section of the website will have interviews ... fancy being an interviewee later on this year?
    Originally posted by Karmacat
    Would love to! the method I use works with all animals - in training we do a lot of work with feral and shelter cats. I still see the odd feline client - though mainly for friends as I don't advertise for cats (only because I don't know as much about them as dogs!)
    Aug 2017: £6200 £6000 0% BC
    Aim to clear and get back my Debt Free status by May 2018
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