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

wynnvegas

Hiya LP,

My legs are still scraped and bruised from the second humpy. I must have been more prepared than I thought for the first one.

I'm told there are a couple of new sites that really tick all the boxes. We'll hopefully see them in the next week or so. It will be a pictoral adventure either way so I'll keep everyone up to date as best I can.

Cheers so,

Billy

wynnvegas

Morning All,

I honestly don't know where the time goes! I've become a wee bit obsessed recently with watching the financial timebomb that is Rangers Football Club (if ever anyone needed MSE, it'd be them) and a whole week has gone by with me not getting a whole lot else done.

That which has been done has been relatively mundane. We've today paid off the last of the acquired debt. It feels great to finally be debt free and I'll do a revised SOA in the next week or so to take account of the world as it will shortly be. We can now turn our attention to happier things like a new car for Moyra and a new kitchen in addition to the continuing plot hunt.

We've got a garden designer coming round tonight to scope out the potential landscaping options for the front garden. It's looking properly sorry for itself at the minute.

Still haven't managed to have my annual review at work. I'm going to do my best to sit with the Chairman today as we had scheduled some time on Friday for it but I got called into a fraud investigation which lasted over 4 hours. Some of the things people think they can get away with are scary.

Had a bit of a disastrous cooking stint at the weekend. We've found our level (2 of 5 it would seem) as we tried some of the moderate skill level dishes in my Vegas fancy dan chef cookbook. The cod dish worked a treat but didn't brown quite as much as it was supposed to. The chicken dish was abandoned halfway through as it was supposed to be bashed flat, stuffed, rolled, breaded and baked. After bashing it and finding that it just fell apart, we quickly adjusted the tact and made the best of the ingredients we had. What we learnt from the main course efforts is that a combination of spinach, onion, garlic, carrot, peas, leek and chicken stock, once all reduced down, is pretty decent as an addition to a dish so it wasn't all a wasted effort.

The pudding was a total disaster though. We attempted to make what we thought were very fancy tunnocks tea cakes (from the four seasons part of the book). Quite aside from the 2lbs of dark chocolate, 5 eggs, 2 mars bars and two tubs of couble cream that was involved (enough of a recipe to contract the arteries just by reading through it), the process was a total nightmare. What we ended up with was a crispy base that was so hard you could use to rival reinforced steel on the forth rail bridge, a gloopy "dunbrodie kiss" mixture that was about as far removed from Tunnock's Tea Cake as a bag of chips and, when we realised we had extra gloop left over, an attempt at corn flake crispy cakes that, with chocolate alone, go nice and crispy and threaten to break teeth in a happy way. What we got having used the chocolate / egg yolk / double cream mixture was soggy cakes which essentially tasted like corn flakes that had been drowned in chocolate milk and left for a few hours. We'll maybe abandon these three from our recipe book and stick to cooking that's just a bit more manageable in future.

Hope everyone is grand and dandy and that the weather isn't quite as apocolyptic as it is up here!

Cheers,

Billy

wynnvegas

Morning All,

A grand day already. The acquired debt is officially gone. There's £13,500 owing but it's now all owing to us. I'll get an updated SOA sorted for later today. We're pretty skint now but we know now that when we get paid at the end of the month, all the money, for the first time in ages, will be ours.

Cheers,

Billy

LilacPixie

Wellll done.. now do you fancy dealing with my credit card?

I'm also watching RFC impload.. I must admit I am enjoying it, I hate companies who refuse to pay their tax bill especially as its hats due after the perfectly legal avoidance tricks. I don't think its the only club in administration this season either.

wynnvegas

SOA Markers

Number of Adults: 2
Number of Chldren: 0
Number of Cars: 1 private / 1 company

2010/11 Achievements

iPhones x 2 - £1,100 plus contract - 100% Complete
iPads x 2 - £780 - 100% Complete
Vegas 2011 - £7,750 - 100% Complete
New Bathroom - £6,800 - 100% Complete
New Boiler - £1,000 - 100% Complete
New Spare Room - £900 - 100% Complete (wall of death pending)
Back Garden - £300 - 100% Complete

2011/12 Aspirations

New Floors and Doors Throughout the House Project - £3,000
Vegas (&Hawaii?) 2012 - £9,000
Moyra's New Car - £10,000
New Kitchen - £10,000
Land Purchase for The Big House - £30-50,000

Income (Monthly)

Income 1 - £2,180
Income 2 - £1,900
Loan Repayment 1 - £200 (68 months remaining)
Loan Repayment 2 - £50 (7 months remaining)

Total Income p/m - £4,280 - Annualised - £51,360

Loans Outstanding

Moyra's Mum and Dad - £13,576.26
Auntie - £400
Cousin - £250
Sister - £350
Brother - £30

Total Owed - £14,608.26

Other Owed

Quidco - £179

Expenditure (Monthly unless stated)

Mortgage / Rent - £0
Council Tax - £1520 (10 payments of £152)
Gas and Electricity - £75
iPhone 1 (B) - £20.43 - contract ends December 2011
iPhone 2 (M) - £35.74 - contract ends January 2012
Sky / Internet / Phone - £65
Groceries - £200
Fuel - £250
Gym - £63
Online Shopping - £20
Clothing - £50
Life Insurance (B) - £16.21
Life Insurance (M) - £13.71
Presents - £50
Haircuts - £15

Monthly Expenditure - £997.34 - Annualised - £11,968.08

Non-monthly Expenditure

Prof. Memberships - £330 - Annual
Buildings & Contents Ins. - £140 - Annual
Car Insurance - £190 - Annual
Travel Insurance - £40 - Annual
TV License - £140 - Annual
Car Maintenance / MOT - £350 - Annual
Breakdown Cover - £30 - Annual (after cashback)
Road Tax - £90 - Annual

Total One-Off Expenditure - £1,330 - Annualised - £1,330

Debts

Secured Debts
Mortgage - £0
Secured Debt - £0
Hire Purchase - £0

Unsecured Debts
Student Loans - £19,000
Credit Card 1 - (£125)
Credit Card 2 - £0

Summary

Total Income - £4,280 - £51,360 annualised
Total Expenditure - £997.34 - £11,968.08 annualised
One-Off Costs - £1,330 - £1,330 annualised
Surplus - 3,282.66 - £38,061.92 annualised

Assets

Cash - £15
Savings - £0
Bank - £688
House Value - £155,000
Car(s) - £1,200
Other - £50,000

Total Assets - £206,603.96

Total Debt - £19,000

Net Assets - £187,478.01

nathan1986

That's a great looking SOA, Great work!

Nathan

wynnvegas

Cheers Nathan.

Hiya LP,

I honestly think I could die happy if Rangers go bust. They're a fairly hateful bunch and I wouldn't miss them one wee bit. I'll see what I can do for you on the credit card...

Cheers,

Billy

wynnvegas

Morning All,

It must be about time for bed. Just spent the last six hours tidying up my many and varied proposals for my new job which starts on Monday. I'm branching out a wee bit to be Head of Business Improvement and Human Resources. Not sure yet if I can twist the Chairman's arm to make that "Director" but I'm going to have a good go later this morning. We'd best have the chat today about salary and any sort of bonus scheme that may come with this. We tend not to operate specific bonus schemes in my place but then isn't changing things for the better what Business Improvement is all about?!

Wish me luck in my negotiations!!


Cheers,

Billy

SeriouslySeekingtoSave

Good luck Billy!

[Deleted User]

Good luck!! "Director" sounds very posh!! - and well deserved Im sure! (especially if you have to be up at 4am to work on it!)