How to make a game plan for life?

fatgit

Hi all I am new.

I got myslelf into a pickle and, from trawling these forums amongst others, came to the conclusion that a Trust Deed (TD, Scottish equivalent of IVA) was the best solution and, so far, everything appears to be working out well.

I had debts in excess of £30k and I am now paying £350 to my Insolvency Practioner which will mean, over the course of three years, I pay about a third of my previous debts.

Life is so much less stressful now.

And now that stress has gone, it has got me thinking aobut a game plan for life ie a strategic plan to get the most out of life financially and emotionaly.

I never really had a game plan in the past, well, I had one up until three years ago in terms of my career. Unfortunately I failed professional exams in one job that I had worked years towards and was booted out! But that's another story....

Anyway, now that I have the opportunity to put this plan together, I was wondering how I would go about it?

There are a few things I want to do:

- further my career. Pay is good (£25.5k) considering I have no managerial responsibilties. BUT I want to develop a good business acumen and managerial skills.

- see more of the world. I have been fortunate enough to see some great places so far in my life and this has given me the bug to see more! In fact, I would go so far as to say I would like to live in a foreign country for a while!

- be financially secure.

You may note that I've not included anything about owning my own place - frankly, on a salary of £25k and with a Trust Deed, there is no way I'll be able to purchase own property for many years...hence the reason I fancy a living abroad for a whilE!

SO, do any of you have a game plan? And how do you go about reaching your targets?


fg

hypno06

Hi fg, I have frequent brainstorming sessions - mindmaps and that type of thing. Some are very short term. Maybe one week or the next 6 months, others are longer term - 1 year, 3 years, even 5 years although I don't go further than that as most of the things on that list are fairly dreamlike!!!

But it does get me looking at the "bigger picture" which always helps I find.

Good luck, others will give you far better ideas than me, I'm sure!

fatgit

cheers hypno, that's good advice.

anyone else got any thoughts on this?

Tr@cker

IVA's seem to be frowned upon on here generally but on those figures i'd say your IP did you a very good deal.

fatgit

? ? ?

I wasn't asking for advice on my TD. :S

millionaire_in_training

My main game plan is that my debt will not affect my kids. I will plough away at it as best I can and continue to give my kids a nice life. Keep thinking I want 'things' ie. a bigger house, telly, car etc but they dont matter I just want contentment xx