Mortgage Free - so good they'll do it twice! Wynnvegas aiming for the big house

wynnvegas

Excellent! A partner in crime already...

Tilly_MFW_in_6_YRS

Lovely to see you posting Billy.

Sounds like a stressful but financially helpful time. Hood luck with your plans.

Tilly x

wynnvegas

Thanks Tilly,


Hope you're well. Will be catching up with everyone over the next few days. Hoping for a lot of good news and success stories!


Cheers,


Billy

black_taxi_2

hello again

Prob what saved you was interest rates not moving up and house prices moving out of negative equity

Secret_Saving_Squirrel

Sounds like a very exciting time! Well done.

wynnvegas

Evening Folks,


Some fantastic stories (old and new) and more than a few additions to the mortgage free club. Delighted things are going so well (in the main) and wishing everyone who is struggling a turnaround in fortune asap.


Cheers,


Billy

Brodiebobs

wow sounds like a whirlwind!!

glad to see you back and the charity sounds great.

wynnvegas

Hi Brodie,


It really has been but this is the calm after the storm. Just another quarter of a million to come in, a couple of hundred thousand to punt out, a bit of tax to pay and that'll be the end of it. I met with the Accountant today and we're now calling the end of April the last trading day - no harm as it means I now go to the end of October before we formally strike the business off and I get to take a salary for that whole period. I now need to make sure I make best use of that time.


First up is a health and fitness schedule. I need to be hitting the gym and the pool 5 times a week minimum. I've absolutely no excuse for not taking better care of myself so that journey starts tomorrow. I need to lose about 12-16 pounds, ideally before the holiday in July.


Second, I've committed myself to a few extra hours a week in my charities to do some strategic reviews, QA assessments and general Trustee things so that will keep me out of some mischief! Both are great organisations that help young families and young people who have a variety of issues and problems and I enjoy working with them.


Most excitingly though, my future plans are starting to take a bit of shape in my head. I met a recruitment consultant yesterday who recommended a business advisory consultant gig helping prospective, new and fledgling businesses avoid major pitfalls. I love that idea and hope that there's potential to look at maybe investing in a few of those types. I've got a lot of ideas about what kinds of things I could do to help and what kinds of things might be worth pushing forward with. It will doubtless involve a lot of work with university innovation centres and the like as well as folk off the street who have the basis of an idea so running seminars, helping people formulate and strategise from that initial idea and then assisting in a variety of ways taking it forward is pushing all the right buttons just now.


I will definitely set up the charity (working name - Money Matters). I was talking to a friend of mine who did something related with debt counselling and that seems a logical extension albeit it's not really clicking with folk that it's about opening up choices for every type of situation rather than just dealing with debt or acting as an IFA. It will obviously mean working with these types of folk but it's something that I'll get into a lot harder in the next week.


I just don't think I'm the retiring type. 3 days in the house this week and I was bored after the first four hours so going a bit stir crazy. I'm never happier than when scheming and these ideas are plenty to go on for the moment. Just means that there'll be a daily digest of my thought processes to be found here so any advice, encouragement and criticism is very welcome.


Cheers,


Billy

CathT

Wow Billy, exciting times ahead. Lovely to see you back posting and I'm looking forward to catching up with your daily updates.

black_taxi_2

Hope your business ideas are in Scotland,we need people like you