We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mr and Mrs K's New Journey to a Debt Free Life.
Comments
-
Granariesgirl wrote: »This has NOTHING to do with her, it's a professional matter between business partners & it is HUGELY unprofessional to invite one's wife along (or buckle to her nagging & say she can come). :mad:
To be fair if the partner were posting on these forums and owned up to being completely un-business-minded I am sure plenty of people would have advised him to try to take a supporter to important meetings. But I agree that Alex should not agree to anything finally until he has talked it over with his supporter - or used that as an excuse to go away and think. Alex, do you know exactly what you want out of this meeting in the ideal world?But a banker, engaged at enormous expense,Had the whole of their cash in his care.
Lewis Carroll0 -
Good evening everyone! Apologies in advance for the state of my writing this evening. (and no it's not down to wine.)
Work has once again been hectic though I am not complaining in the slightest.
Responses:
T4NK: You seem rather clued up, so input is much appreciated. I will be uploading a new SOA sometime soon (before the start of next week but after work cools down).
Granaries: Thank you for such an encouraging post. I have had a word re. business partner's wife attending the meeting; he is going to speak to her. Well, that was his parting shot, as he was not pleased. In. The. Slightest.
gallygirl: rotfl: yes they know my wife rather well.Day has been very productive and in more ways than one.
theoretica: Originally I wanted to carry on as a partnership but after going through quite a lot of paperwork and as I seem to be adept at bringing in new business, I am becoming tempted to go it alone, just contracting him for the hours he actually works. The business would save a great deal of money and he will not leave because he'd need the work. Even if he did, I know others who could take his place.2018 totals:
Savings £11,200
Mortgage Overpayments £5,5000 -
Alex - I dont think its the tablets that has turned you around, I think its been the reality check (in the nicest of ways), you have come so far in such a short time.
Re Business partner - if he is getting a male version of pmt re not having his wife along then I'm sorry but it is not your problem, you are a business man and so is he, yes he may be the breadwinner, the sperm donor in the family, but that was his (ok maybe her choice as well) but he choose to go into that business, if he was working in another profession he wouldn't be allowed to take her into meetings. Yes document everything, she can then read the minutes in her own time.......
Sounds like you have some great ideas to move the business forward.
Hope little K ok, hope he is looking forward to nursery, it will do him the world of good,
You all take care, good luck to Mrs K, regards interviews etc xxxx rip dad... we had our ups and downs but we’re always be family xx0 -
Tuesday 24th September, 2013.
Day 23.
Dear Diary,
I apologise in advance for such an awful entry as I am both physically and mentally drained from two days of full on work. Tomorrow is no different and is the day my business partner will be putting forward his plan to leave our company. Frankly, after our conversations today I am quite happy for him to move on. My son has been driving my parents crazy all day but upon picking him up tonight, I couldn't deny him some playtime despite being rather tired - the things we do for our children!
Debt-busting has been a total no go area today and I did buy myself a more expensive lunch than I perhaps should have. However, despite going to a pub with my client, I didn't have a drink, well I did but not an alcoholic one.
Once again I can only apologise for this substandard entry.
Summary:
-£9.80 Lunch.
-£29.94 Groceries.
Yours Faithfully,
Alex.2018 totals:
Savings £11,200
Mortgage Overpayments £5,5000 -
Sometimes in a working partnership, it's difficult to quantify the 'worth' or value of each partner.
One may go out and get a sale but it took only 2 hours and some 'chat', the other may have to do the 'doing' or 'execution' which could be 5 hours physical graft.
Do you cost each hour at the same price? (Not asking you Alex, just putting the Q into the air )
...and that is the conundrum as both skills have equal value in making the business viable. Without the salesman making the sale, the do-er doesn't have anything to do.
Go it alone, split it fairly and amicably and then sub in the skills you require to get each piece ready for sale.
I know from OH's background a 'do-er' grafting away for, say, 8 hours is seen as more 'valuable' than someone else doing a 'thinking' task for an hour even though both could generate the same income for the work.
Congrats on AFD.....:)0 -
Alex - I dont think its the tablets that has turned you around, I think its been the reality check (in the nicest of ways), you have come so far in such a short time.
Thank you and yes, prior to writing on here, I was in denial about many things.Re Business partner - if he is getting a male version of pmt
:rotfl::rotfl::rotfl: Not going to be able to look at him with a straight face tomorrow.re not having his wife along then I'm sorry but it is not your problem, you are a business man and so is he, yes he may be the breadwinner, the sperm donor in the family, but that was his (ok maybe her choice as well) but he choose to go into that business, if he was working in another profession he wouldn't be allowed to take her into meetings. Yes document everything, she can then read the minutes in her own time.......
I entirely agree with all of this. He often plays the "big man" about how it's only his income that matters, that his family NEEDS him to earn a decent wage. Admittedly, I have in the past let him take "what he needs" because I couldn't face the confrontation. Not anymore though.Sounds like you have some great ideas to move the business forward.
Always full of bright ideas, me. Just not that wonderful at seeing them through to completion.Hope little K ok, hope he is looking forward to nursery, it will do him the world of good,
You all take care, good luck to Mrs K, regards interviews etc xx
He's excited for Thursday.This probably sounds pathetic to other fathers but I've missed him these past few days. Enjoyed every moment of playtime this afternoon.
Mrs. K.'s interview is on Friday and then we're going to our free concert in Nottingham (can't wait for that).
2018 totals:
Savings £11,200
Mortgage Overpayments £5,5000 -
I entirely agree with all of this. He often plays the "big man" about how it's only his income that matters, that his family NEEDS him to earn a decent wage. Admittedly, I have in the past let him take "what he needs" because I couldn't face the confrontation. Not anymore though.
This probably sounds pathetic to other fathers but I've missed him these past few days. Enjoyed every moment of playtime this afternoon.
Mrs. K.'s interview is on Friday and then we're going to our free concert in Nottingham (can't wait for that).
.....the partnership sounds like it has run it's natural course. Try to keep the division as fair and friendly as much as you can.
Doesn't sound pathetic at all......and the next instalment of your journey will be not caring what other may or not think about you.0 -
I don't think you're pathetic for missing your son at all. I spend all morning getting cross with my two, then they go into school/nursery and I'm bereft without their wee hands to hold! I think a balanced amount of time apart works wonders on both sides!
And I got your PM, life hectic here, but will reply ASAP (sorry) - wanted to give it some thought.MBNA = £4,000 / Next = £925 (approx. tbc on 19/8)
Tesco = £2,910.11 / Smile overdraft = £500
Bank of Scotland = £2,782.830 -
Sometimes in a working partnership, it's difficult to quantify the 'worth' or value of each partner.
One may go out and get a sale but it took only 2 hours and some 'chat', the other may have to do the 'doing' or 'execution' which could be 5 hours physical graft.
Do you cost each hour at the same price? (Not asking you Alex, just putting the Q into the air )
...and that is the conundrum as both skills have equal value in making the business viable. Without the salesman making the sale, the do-er doesn't have anything to do.
Go it alone, split it fairly and amicably and then sub in the skills you require to get each piece ready for sale.
I know from OH's background a 'do-er' grafting away for, say, 8 hours is seen as more 'valuable' than someone else doing a 'thinking' task for an hour even though both could generate the same income for the work.
Congrats on AFD.....:)
Thank you for this post.No, we do not cost by the hour. When we started working together we were going to take the same salary but his "need" was greater than mine.
.....the partnership sounds like it has run it's natural course. Try to keep the division as fair and friendly as much as you can.
Doesn't sound pathetic at all......and the next instalment of your journey will be not caring what other may or not think about you.
Unfortunately it is looking that way for me also.I am rather apprehensive about "going it alone" still.
Maybe one day, eh?My son has been, on occasions, my only reason to carry on. There has been times where all I could do was look after him and also times when Mrs. K. has been very uninterested.
scottishspendaholic wrote: »I don't think you're pathetic for missing your son at all. I spend all morning getting cross with my two, then they go into school/nursery and I'm bereft without their wee hands to hold! I think a balanced amount of time apart works wonders on both sides!
And I got your PM, life hectic here, but will reply ASAP (sorry) - wanted to give it some thought.
:rotfl: It's not all peace and bliss in this house either, he can be naughty. However, as you say once I am working, I miss everything we do together.
OK and thank you.2018 totals:
Savings £11,200
Mortgage Overpayments £5,5000 -
Hi Alex
Just wanted to pop in and say how wonderful it is to read your last few entries. It's great to see you realising the positives in your days and approaching what could be a couple of nerve wracking situations with confidence and eagerness.
Do keep an eye on your moods over the next couple of weeks with the new tablets. Hopefully you've got a good fit straight away but a bit of tweaking here and there is not uncommon with depression medication, particularly with SSRIs.
I'm really looking forward to hearing all about your meeting tomorrow, I have this gut feeling that you are going to be brilliant. Full of authority and confidence and really taking a hold of your business future. I'm also really excited to hear how little K gets on at nursery on Thursday. I'll be thinking of you all then.
Keep your chin up hun, you're doing really well!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.9K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.1K Spending & Discounts
- 244.9K Work, Benefits & Business
- 600.5K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards