Fat git, 65K savings – take six months off to get fit?

guitarman001

Sounds like you've chosen the best path. I also would not have advocated quitting work. Cheers to your healthy new lifestyle!

hodd

I'll drink to that.

gkerr4

guitarman001 wrote: »

Good last two posts lol...

gkerr, if it weren't for fincancial commitments would you be willing to cut salary a lot for a job you loved?

definatley - actually looking at the moment, I'd take a 30k cut to have a life back (would be a 50% reduction in current)

I want to see my young kids grow-up and i want to cycle in the evenings and just generally not being reading emails from 7am to 10pm every bloody day!

I have other plans too though, for financial independance - thats the only thing keeping me going through the job is that in a few years I might be able to quit for a lower paid job AND retain the lifestyle that I have currently.

gkerr4

hodd wrote: »

:laugh:

Everyone's different, but I think I'll stay employed for now. Some good replies, mostly common sense stuff, but good advice nevertheless.

The obvious problem with quitting would be seeing my meagre 65K savings turn into something like 50K within six months.

Also, and more obviously, whilst I would become a fine specimen with all the cycling, walking, etc, I wouldn't be able to maintain it at the same level once back at work. The weight would be back.

Less booze, some exercise, we'll see. I wouldn't want someone else to read this thread and quit work without thinking.

good luck to you mate, but not being funny - £65k is not 'meager' savings - a lot of people won't ever see that sort of money in their life and please don't take this the wrong way, but one day you will die and that money is just something you have amassed to be distributed by the executor of your will....

If you have no deep commitments and you want to take a break and sort stuff out, then go for it! - call it a mid-life crisis if you want, but without dependents you have the perfect opportunity to 'do' something - go traveling, visit places and people and enjoy experiences that £65k can by you.

even the worlds greatest known economist famously said:
"in the long run, we are all dead"

hodd

gkerr4 wrote: »

good luck to you mate, but not being funny - £65k is not 'meager' savings - a lot of people won't ever see that sort of money in their life and please don't take this the wrong way, but one day you will die and that money is just something you have amassed to be distributed by the executor of your will....

If you have no deep commitments and you want to take a break and sort stuff out, then go for it! - call it a mid-life crisis if you want, but without dependents you have the perfect opportunity to 'do' something - go traveling, visit places and people and enjoy experiences that £65k can by you."

I don't think £65K is pocket money either, but we are all influenced slightly by Millionaire Next Door and such books, and someone my age really should have a bit more. I've done plenty of travelling, and still do to some extent, which is partly why I haven't saved more. And don't worry, I plan to spend that money before I die, although on something less exciting such as a house.

guitarman001

gkerr4 wrote: »

definatley - actually looking at the moment, I'd take a 30k cut to have a life back (would be a 50% reduction in current)

I want to see my young kids grow-up and i want to cycle in the evenings and just generally not being reading emails from 7am to 10pm every bloody day!

I have other plans too though, for financial independance - thats the only thing keeping me going through the job is that in a few years I might be able to quit for a lower paid job AND retain the lifestyle that I have currently.

I'm in a quandry because... I'm 28 soon.. on approx £34k.. company is great, boss is great, cycle to work, live at home so save ~£1k per month. But is that enough? Housing costs a fortune. Engineers down south are paid much more due to perceived increase in cost of living, but let me tell you Edinburgh isn't much cheaper... I'm very eager to maximise income while I can (though I'd be gutted to save less by moving out and risk never getting back into this great job I have).. have considered moving to California, Munich, or just down South in order to get a bit more money. It's like this drive to earn more, but maybe I'll be unhappy for it. Saying that, I've never been out of home - maybe I need the adventure!

Other plans huh? Investment-based? Due to high housing costs here I put half of my life savings into shares and it's down 60% right now. You can see I'm pretty desperate..!

guitarman001

gkerr4 wrote: »

good luck to you mate, but not being funny - £65k is not 'meager' savings - a lot of people won't ever see that sort of money in their life and please don't take this the wrong way, but one day you will die and that money is just something you have amassed to be distributed by the executor of your will....

If you have no deep commitments and you want to take a break and sort stuff out, then go for it! - call it a mid-life crisis if you want, but without dependents you have the perfect opportunity to 'do' something - go traveling, visit places and people and enjoy experiences that £65k can by you.

even the worlds greatest known economist famously said:
"in the long run, we are all dead"

Too true.
Coming from a poor background I'm very focused on trying to make money. But at the same time, I don't think I'll see much of a pension, and I likely wont have dependents, so I just hope that when I get older, I'll be able to spend all my money down to the last penny in enjoyment, just as I pass on.

guitarman001

hodd wrote: »

I don't think £65K is pocket money either, but we are all influenced slightly by Millionaire Next Door and such books, and someone my age really should have a bit more. I've done plenty of travelling, and still do to some extent, which is partly why I haven't saved more. And don't worry, I plan to spend that money before I die, although on something less exciting such as a house. [/SIZE][/FONT]

Did you get my pm reply?

Housing is something I can't make my mind up about. Buy or not, no idea.

Macca83_2

Ok Im gonna go against the grain and say go for it! You're single with no responsibilities apart from yourself and your health. Yes, weight loss is a lifestyle choice and if you return to work you might pile it back on. but who's not to say that in 6 months of time off, your priorities might change completely. You might decide that spending 40+ hours sitting at a desk is no longer for you. You've got a great chance to get fit and evaluate your life.

hodd

Macca83 wrote: »

You're single.

(I'm married.)

Thanks, but life and my job are not actually that bad. I've done the travelling and working my way around the world bit, and I'd recommend the same to others, if posssible. In the meantime, I'll save some more cash so I can take an extended break when I really feel like it.