Millionaire Challenge

marcus84

Same here, i could do it if i knew what to do, its having the ideas and then putting the work in to make them work. Having some capital helps too

slowlyfading

cazmanian_minx wrote: »

I appear to be on course for my first blogging earnings! I set up Google Adsense on it a couple of weeks ago and estimated earnings from September have gone from 0.00 to 45p Whether that translates into actual earnings remains to be seen, but I'm chuffed to bits anyway!

I've just done the same! My earnings aren't a lot either, but it'll be interesting to see what happens over the coming weeks

tinktay84

kaya,
Sounds good, I don't think having things matching in your house is something you need to worry about...haha


did anyone see grand designs this week, the guy spent about 1.3 million on creating his idea of perfection and all the way through me and my fella were going...but where are his friends and his family and why is he not smiling. he didn't seem happy at all.
Don't get me wrong, being able to spend 1.3m on a house would be nice but I wouldn't trade my family or my happiness for it.


cant remember who asked about savings since I set up this thread but in my actual savings account I have £10.
Savings in a sense of what ive saved on interest, discounted items, paid down debts etc...thousands. I couldn't even add it up.
my food bill probably averages £30 a week (family of 4)
I have, through various methods gone from having in excess of 50k of debts down to around 10k
I have cut back on my outgoings through shopping around for best deals
I have earned almost £400 cashback through quidco and ive recently entered a new mortgage deal so my mortgage payment of £450 a month in 2009 is now £160 a month but I pay a little more
within the time this thread has been up ive been through ups and downs, no worse than others on here, ive spent money I really shouldn't but at this point in time I am happy and I am in a position that should anything major happen, I have some wiggle room.


In my eyes I am now a millionaire :-)

lessonlearned

tinktay84 wrote: »

did anyone see grand designs this week, the guy spent about 1.3 million on creating his idea of perfection and all the way through me and my fella were going...but where are his friends and his family and why is he not smiling. he didn't seem happy at all.



In my eyes I am now a millionaire :-)

Tinktay - just love that last sentence and I couldn't agree more.

Wonderful sentiment and a fabulous attitude to life.

I saw that episode of Grand Designs. What a joyless soulless man ........I wanted to give him a damn good shake and tell him to stop being such a miserable g I t and and to thank his lucky stars for lifes blessings.

His poor kids.......

It wasnt a home fillled with love, laughter and happiness - it was more like a mausoleum - an empty monument to folly and grandiosity.

Tink - you may have "only" £10 in your bank account but you have achieved so much - you have made you and your family secure - your hard work is paying off now. You should be proud of your fantastic achievement. You have laid the foundations for a secure and stable future.

I just looked at when this theead began - May 2011. 4 and half years is nothing in the grand scheme of things.

At the beginning I set myself a target of £300k by the time I reached 70.

I am now 64 and I'm 5/6Ths of the way there.

Like you I now consider myself "a millionaire" in all but name.

I live simply but well.

My income is relatively modest but I do actually feel rich.......

lessonlearned

Good morning all

Had a thought......

Hope you didn't think I was boasting when I said I was 5/6ths of my way to my self imposed target - which is of course a lot less than £1m.

I just wanted to show that we can achieve our goals when we put our mind to it. The goal does, however, have to be realistic.

For me £1m was never going to be realisitic but if you are young enough when you start then it is. If you are in your 20s, or 30s now, even if you have debts, then £1m is achievable with relative ease.

The older you are now then obviously the harder you will have to work at it.

In my particular case my net worth had a boost from a life insurance payout when my husband died.

It goes without saying I would have preferred for my husband to be alive and well rather than have the money......:(

However my circumstances do highlight the necessity of protecting our loved ones by ensuring that they are not left destitute in the event of our death.

Caz - I meant to say well done on your blog earnings, clever you. Hope it builds for you into a nice little passive income stream.

Kay - don't worry about matching furniture - a nice eclectic mix often looks better than matching sets of everything. It shows flair and imagination, far better to have your own design ideas and individual taste than buying in an "off the shelf" room package.

I know I studied design but that wasn't until I was in my 40s and I had already begun experimenting and putting my ideas into practice long before that.

As a photographer you will have a good eye for colour and detail and you will already be creative and imaginative. Let your imagination run free and create your own vision for your home. It really neednt cost a lot of money. You can upscale junk shop furniture and car boot finds.

A coat of paint works wonders.......

To get some ideas Take a look at pinterest and Google "ikea lifestyle hacks". You would be amazed at how people have customised basic ikea pieces. You'd be amazed ar what you can do with bit of moulding and trim.

My designer eye is often seriously offended sometimes when I see the homes of the rich ......I am often so disappointed when I see how they have decorated them, how many of them rely on bling and gilt, often spending huge amounts and ending up with a look that can only be politely described as a "w h o r e 's palace" .....:rotfl:

Just goes to prove the old saying "money can't buy good taste".

Obviously you need to spend money on good beds and I would also suggest that sofas are a bit of an investment so it's worth saving up to buy those from new but everything else can be picked up second hand and done up to suit your style and preferences.

droopsnoot

lessonlearned wrote: »

I saw that episode of Grand Designs. What a joyless soulless man ........I wanted to give him a damn good shake and tell him to stop being such a miserable g I t and and to thank his lucky stars for lifes blessings.

I guess some people just come across that way, I'm one of them usually. I wouldn't spend anything like that on a [strike]car showroom[/strike] house, and I can't see where I'd put my piles of old magazines, books and general junk. Unless it's all piled in that shipping container you could just see in the trees in one of the aerial shots.

lessonlearned wrote: »

His poor kids.......

Yes, especially as he's got four kids but only built it with three bedrooms other than the master one. This seems to happen a lot on GD, more kids than bedrooms (if not at the start of the programme, then by the end).

Still, he's gone out and set up a cleaning business, made a load of money and been able to indulge himself in building a very nice (or perhaps I should say 'impressive') house not once but twice, so maybe he's on the early pages of this thread somewhere if we look hard enough.

lessonlearned

I agree he was an impressive man who,had worked hard and built up an obviously successful business.

I also think that he might be a bit OCD - by his own admission he was a stickler for perfection - but I have to say his beautiful,house did not seem to bring him much "joy". And I can't see his kids being able to relax with the usual clutter that kids inevitably bring in their wake.

I have visited the pavilion in Barcelona - the structure that was the inspiration for his house. The pavilion is a most stunning piece of architecture - especially when you consider it was built in the 1930,s. It exudes peace and tranquility, hopefully this mans house will in time do the same for him.

I was a bit disappointed with the landscaping though. He could have done something really special with water - especially as money appeared to be no object. I thought he had missed a trick there but I often see this, people often overlook the possibilities that imaginative landscaping offers.

Just found out I have a nice little tax rebate. Only £41-12 but enough to put a smile on my face. I am due some more back too when I get round to filling out the necessary forms..........:rotfl:

Every little helps.

ms_night_ryder

Hey guys

I'm still here.

Ll I was just catching up on the thread and something you said hit home, I'm on my phone so won't quote. but what you said about being in debt in your 20's and 30's and still being able to achieve millionaire status.

I'm 33 and still in a bit of debt. But i'm on my way out of it. Just hope I can do it. I doubt myself a lot. But I can see the progress I've made from Last year and I'm happy with that.

On talk of insurance policies, my grandma keeps going on about hers and how it's there to cover funeral expenses and then we should all split what's left. I'm trying to tell her to concentrate on living in the now because I don’t like talking about it. She's 80 bless her

tinktay84

My fella said straight away, buy a car showroom and move the cars...simples!haha


We were joking saying should we apply for grand designs and sy we are building a 3 bedroomed cottage, with stone and a pitched roof on an acre of land and spending just £60k


im at a point in my debt management / savings where I hate spending the money now...as in the few debts I have left are of numbers that cant be wiped out in 1 go (i.e. a loan with balance of £1200) so I hate putting £100 towards it as I feel like its not really achieved much (I know I know it really has) but im sure you know what I mean?


Tonight Ive got my first personal training session at the place I used to go 5 times a week. The reason its a personal training session instead of the normal group is the last few times I was there I had huge anxiety attacks and broke down a few times as it was in the 'dark days' but not to be defeated the owner has agreed on discounted PT sessions that if I don't go, he wont charge as he has been in the same boat so knows how hard it can be.

lessonlearned

Your house will be lovely and well worthy of a slot on grand designs, of that im sure......:rotfl:

Actually they have featured some small scale mini grand designs. I loved the one with the Hobbit House in the woods.

there was also a series called the £100k house that I found very interesting. Some lovely houses on there and all built for around the£100k Mark, plus the cost of the land.

I'm still tempted to go that route, My pet builder, who,is now semi retired, said he would be happy to project manage it for me.

My sister is having an extension done, the plans are currently with the council. I am watching with interest to see how good the architect is.

I would really love to,build my own house but land here is so difficult to find at the right price, or indeed at any price.

Good luck with your training session. I'm sure you'll enjoy it once you get over the first hurdle.

Ms night Ryder - your gran sounds a sweetie.....tell her 80 is the new 60.......:D