Millionaire Challenge

Chesapeake

Evening

I've been doing spreadsheets again... I do love em! I've been looking at ways to make land pay and glamping is my current favorite... both the fianc! and I have extensive customer service backgrounds and like to add value to what we do.

Glamping can be very lucrative if you do it right but I can see why so many people get disillusioned with it and stop. I think a lot get into forgetting that they have to provide a high class service, cut the grass every week, keep everything tidy etc. There is enough money to be made that you can afford to replace soft furnishings every year yet many seem to fall foul of greed and try to squeeze every penny out of it. Anyone who has worked in high-end establishments knows you have to constantly re-invest in decorations, linens etc in order to satisfy customers who are paying a premium.

AnimalTribe

I would love to offer glamping. Unfortunately, as I am completely off-grid, expanding my existing utilities to cover visitors would be difficult.

Solar is great when the sun is shining, and domestic wind turbines have limits, and water and waste recycling would be a major issue.

I hope you get your venture off the ground though - as you say done right it would be great.

Kayalana99

Me: Still training

Hubbie: Had first interview and second one tomorrow, we *might* even find out by the end of this week but more likely going to be start of next week ish fingers crossed....I'm 99% sure he has it now but we'll wait for the final say!

lessonlearned

Exciting.......fingers crossed for you.

I'm up to my neck in interior design projects and a final tweaking of the garden. Half way through decorating the master bedroom. The look will be pure decadence dahhlings :rotfl:

.I do love these old Victorian houses, yes they are high maintenance but dress them up in their glad rags and they can look sensational. I am loving this stage, the final "fluff", scouring the junk shops, markets, diy sheds etc, getting creative. Taking photos as I go in case I decide to do a blog at some point.

I have booked some trips - mini breaks in London, Devon and Coventry. I'm "living it large" All on a budget of course. :rotfl: The break is doing me good, getting lots of ideas for the next stage of the Master Plan.

I am thoroughly enjoying my "senior gap year". And....I have still got the Amazon trip on the horizon.:D

After that, market this house and on to the next one.

It's now coming up to 3 years since my husband died. I still miss him of course but the worst is over. Life is good again, I am almost at my £300k so am financially secure. I'm feeling well, losing weight.

Even my knee is getting better. :rotfl:

minxy-x

Hello all
I had logged myself out, so had to scroll through the thread to find what my user name was

Hi ani*fan wishing you luck on your journey.

LL happy belated birthday, glad the sun was shinning for you! Enjoy the new bedroom.

AnimalTribe when you have made extra money, I don't think there is ever a just/only about it- what ever you make its more than you had before, well done!

Congrats TomSurrey thats an epic achievement. You are right about investing and compound interest- I saw an article about how much a child's pension could be if for the first 3 years of their life (I think it was), you put the max amount into a pension pot.
I don't remember the figures, but parked that in the things I hope to be able to do when we have children.

For now I think I need to be doing some work on our own pensions
There is a long term plan, and our first BTL was part of this, I hope next year we will start to do some investing...
Being in the middle on the 2nd business purchase and planning the 3rd, money keeps getting tied up with these, which is investing in a way, I suppose.
But I would like to spread our money a bit.

Now I hope people reading this take my last comment from the place I am saying it (chatting with like minded people whatever our position with money as I am in a different position now as I was a few years ago) , it could read as boasty- its not meant that way and yes I am well aware we are privileged to be where we are.

Kay Hope the job is going well. your all go with your home renovations. :beer:
Hope your husbands second interview went well, and you don't have too long a wait.

Chesapeake I like the idea of a holiday business also! You are so right about people forgetting why their business originally made them successful and not continuing to re-invest in it!

MrMinxy is working pretty much 18 hour days again, 7 days a week, to fit in all commitments and the new business.
I'm not sat on my !!!!, I am also busy doing things behind the scenes for business, as well as work, and my new business, and keeping home running.
Sometimes I think he's a machine :rotfl: and I miss him We are working in different time zones at the moment for the few hours he isn't working, so to make sure I see him even for a bit I'm going to bed/waking up crazy hours.
Cant complain, we just have to remember why we are doing it, and hope it all pays off

I have not been doing as much as I should on my own business development, but slogging away slowly.
Looking at packaging for the mainproduct next, which is exciting, but soon to be a steep learning curve I have no doubt.
Pretty much finalised the design of the main product (I say pretty much- I have finalised, but its always subject to me changing my mind):rotfl:
I looked at the final designs the other day and I was :eek: this looks like a real product.
Still not even 50% done before it could be launched.

Looking into buying another house now (residential for us), makes sense for where most of our commitments are, my job is part time and commutable, and my other I can do from home, and my business I will set up wherever I fancy.
Mortgage broker does not see any reason why we couldn't turn our current home into a BTL, and purchase next as residential- but until things are signed and happening, I don't let myself get excited, and have made plans for things going wrong.

I think this is a mamath post- so I will shut up :rotfl:

minxy-x

lessonlearned wrote: »

:
I am almost at my £300k so am financially secure.

Something of an inspiration to us all.

You started this journey after loosing you husband and being in the red.
Along the way you suffered other close family bereavements, and dealt with the usual rough and tumble life throws at us all.

Also achieving this later in life than many of us <ducks to avoid the slap through the screen>

Always with kind words, a positive attitude and sage advice to us!

:beer:

minxy-x

I want to give a bit of a shout out to Kay also...

I feel I am venturing into an Oscars speech, so will close the tabs after this!

Kay your posts are always a post of energy, always thinking what you can do, and weighing these up with family commitments, and also getting on with things, and pushing your self in areas you can control.

Sometimes I can feel your frustrations through the screen, and I totally get them, as I have felt them.
Frustration to an extent can be good as we can flip those frustrations into positive moves- which you do time and time again.
Your adaptable and roll with the punches.

You absolutely will achieve you dreams, and go far in life- in no small part down to your attitude!

Kayalana99

LL - Glad everything is going well, Amazon trip sounds like it's going to be amazing.

Minxy - I'm not 100% sure if you are working from home on the business? But I understand it's very hard to self motivate. If I'm not flat out busy I find it really hard to get cracking on the things that don't need to be done straight away. When I'm busy I just proitize and get stuck in but during slow times like this I'm sat on my book keeping and really only doing it out of bordem (or I was before kids broke up)

Thank you for your oscar speak I appreciate it.

Quickly, I did my first real shift last night. It's a manual job and god I'm suffering today. I will get used to it and in fairness I'm really happy with it as whilst it's quite a dull job - in light of my fitness goals it's going to be a real benefit and I'm happy to just get on with it for the money.

Now for the main news....he got the job! My heads all over the place ATM and I'm so emotional I keep coming close to crying (but in a good way)

It's just crazy in the space of a month we've gone from living month to month to being in the position we're in now but it's also over whelming as so many decisions to be made.

In short, he's looking at an 8k payrise to start along with my 11k from my job now...he'll get a company car which personal and private fuel will be paid. (obv we'll have that car tax to pay but it's still worth it)

We've agreed we're going to move inbetween both jobs so we will both be travelling around an hour, I still have to travel past where we live now so if childcare is ever an issue I can drop them off with grandparents and sleep over somewhere before driving them back in the morning for school.

The options really now come down to when we move, it would be easy enough to move in next 4 weeks to rent, and sell this place in the process and get the kids settled into the start of a new school year (and with us keeping both jobs we'd be able to live comfortably even with cost of renting for a year) or wait till after Xmas and clear off debts, look to buy and take our time.

The problem we face now, is because we're going to be going over the tax credit limit, everything we got this month needs to be paid back + the amount on the CC I just want cleared and gone and it means we could move after Xmas with a clean slate. It would mean Hubbie commuting for longer though.

I've not really had chance to talk to him properly about it as he found out yesterday afternoon and I had to leave for work in the evening again after dinner and a chat about how it all went.

I think everything hasn't really sunk in yet, but hopefully the only way is up from here.

ETA: His start date is early Sept

AnimalTribe

Minxy-x “Now I hope people reading this take my last comment from the place I am saying it (chatting with like minded people whatever our position with money as I am in a different position now as I was a few years ago) , it could read as boasty- its not meant that way and yes I am well aware we are privileged to be where we are.”

Not boasty at all – you’ve obviously worked hard for what you’ve achieved and should be justifiably proud.

Kayalana99 Congratulations on the good news.

My quote isn’t working properly, which is why the post might look a bit odd.

lessonlearned

minxy-x wrote: »

Something of an inspiration to us all.

You started this journey after loosing you husband and being in the red.
Along the way you suffered other close family bereavements, and dealt with the usual rough and tumble life throws at us all.

Also achieving this later in life than many of us <ducks to avoid the slap through the screen>

Always with kind words, a positive attitude and sage advice to us!

:beer:

Awww thanks.

You ain't seen nuthin' yet.........Im just getting started.

Sounds like you are going great guns, too. In fact we all seem to be making good steady progress.

Kay.....great news about hubbies job, and glad yours is working out well too. Great stuff all round.:j:j

Life is just one big adventure isn't it.......it can all turn on a sixpence, good and bad.

We just never know what's out there waiting for us.

Carpe That Diem.:D