sarahevie's single quest to mortgage freedom

beanielou · 31 August 2016 at 8:17PM

Karma is a strange thing

sarahevie1 · 31 August 2016 at 9:48PM

beanielou wrote: »

Karma is a strange thing

I know so weird. I'm back at work tomorrow which may make viewings tricky but have expressed interest and will be going to view soon.

Moneyfordreams · 31 August 2016 at 10:00PM

I hope it's a wonderful opportunity for you

sarahevie1 · 31 August 2016 at 10:24PM

Moneyfordreams wrote: »

I hope it's a wonderful opportunity for you

Thank you. It's definitely something I will be looking into seriously.

There are financial considerations though, being self employed wouldn't be as 'safe' as my teaching salary.

CathT · 1 September 2016 at 7:54AM

Sounds like a great opportunity for you. Take some time to look after yourself too, you have so much going on at the moment.

Brodiebobs · 1 September 2016 at 8:47PM

What an amazing oportunity, firm believer in everything happens for a reason, not a coincidence if it was meant for you!

Childcare is where i started and i keep thinking about going back as an owner...thats a great price and they're a licence to print money, i know i get to look at their books in my current role!

sarahevie1 · 1 September 2016 at 10:15PM

Brodiebobs wrote: »

What an amazing oportunity, firm believer in everything happens for a reason, not a coincidence if it was meant for you!

Childcare is where i started and i keep thinking about going back as an owner...thats a great price and they're a licence to print money, i know i get to look at their books in my current role!

Thanks, this one isn't a licence to print money at the moment as the fee income is only £50,000 a year. Do need to enquire as to how much the wage bill is, but it won't be high 3 part time playworkers (I reckon minimum wage if not a little above.) The rent is £4000 for a year! so very low overheads.

There is definite scope to increase the fee income as currently they are only registered for 16 children and they only open 9-1; 3 days a week and 9-4; 2 days per week.

With it being round the corner from a primary school there is definite scope for before and after school care and holiday clubs.

debtfreeoneday · 2 September 2016 at 6:53AM

What an awesome opportunity, hope it works out for you x

sarahevie1 · 4 September 2016 at 7:24PM

Back at work properly tomorrow, the children are in!

Looking forward to getting back to normal money wise, have spent a lot in the holidays.

I spent a further £60 on uniform on Saturday taking my spend to £240 for three children. I think that is ok as it includes school shoes, trainers and pumps for each child.

Looking at my spreadsheet for previous years I have spent £190 for two children, so it is on a par.

sarahevie1 · 8 September 2016 at 10:27PM

Busy busy week, back at school.

Unfortunately there has been a blip with DD3s nursery fees, well the standing order stopped August 2015 (I definitely did not stop it.) So I haven't paid for a whole year:eek::eek::eek:

Now I have A LOT of expenses coming out of the account, but I cannot believe I missed it. Fortunately I have the savings to cover it, to think I've been thinking all year, the savings are coming along nicely. (How silly am I?)

Anyway I owe the fees on the 1st of the month, so I've added Sept to the invoice and October (as a sweetner to show my intent.)

I'm literally going to be living hand to mouth until I get my rent on the 30th of September, but I will definitely be keeping a closer eye.

sarahevie's single quest to mortgage freedom

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