Building towards a complete life overhaul....might take a while but determined to do it

mumblingtaff

savingholmes said:

How much £ do you need to afford your lifestyle change and how much will you release by selling your house / other means?

I've had a look at the most recent house prices for those that have just gone on sale or been sold on the estate that I live on and after my mortgage of about 50K has been paid off and I buy a 2 bed house in Wales as a cash buyer with no mortgage there will be at least 50K left over. I also have some savings that will be partly used to finance the move (conveyancing, moving costs etc).
That's enough to allow me to have a month or two off to settle in and start building a small business, whilst supplementing my income with some part time supply work.
With no mortgage I've estimated my monthly outgoings (household, car etc) as no more than £900. If I can get rid of my car (its still on a contract for the next year) and downsize it that will significantly reduce. It's the only thing I'll really miss - I do love my car and its completely affordable now but would be a luxury then. Needs must though.....
So, its all doable but will take some adjustment

mumblingtaff

So, its the Saturday before going back to work and I've been awake thinking about it..... Hopefully, that's not a sign of things to come.....
There will be no decorating or home improvements today - I need to get the school prep stuff done and out of the way for the coming week. Unsurprisingly, I have a list of things that need doing for work so just need to buckle down and get on with it
I have a zoom with work colleagues tomorrow morning so would like it all done and dusted today as these things tend to throw up more work....

In addition to the school stuff, I'll do the following.....

• Run with the dog if its not too icy
• Hoover and dust
• Grocery shopping
• Big walk with the dog this afternoon
• Phone home

I'm sure I'll end up doing other things too but these are the must dos!

enthusiasticsaver

Happy New Year MT and an exciting but daunting one for you. We moved 250 miles away from our home in the South East to Cornwall 32 years ago. You have the advantage though of presumably moving back to an area you know well and you will have family support. I look forward to reading about your plans as they happen. 

Tiggger

mumblingtaff said:

With no mortgage I've estimated my monthly outgoings (household, car etc) as no more than £900. If I can get rid of my car (its still on a contract for the next year) and downsize it that will significantly reduce. It's the only thing I'll really miss - I do love my car and its completely affordable now but would be a luxury then. Needs must though.....
So, its all doable but will take some adjustment 

Even if you kept your car, with £50k you could survive for 4 years without earning anything, so with some supply work and using some of the £50k to set your business up then why not keep you car as you love it and it “brings you joy” - even if you change it at the end of the lease, you don’t need to downsize now to save money. Of course you might prefer to use your cash in other ways but you get so much pleasure from your car why not factor in keeping it, at least to the end of the lease? 

savingholmes

Exciting stuff. Being able to live on £900pcm will let you rmoney stretch. 

lucielle

Depending on your location you might need to change your car for a van to take the pooches for walks
L

mumblingtaff

lucielle said:

Depending on your location you might need to change your car for a van to take the pooches for walks
L

Its a big 4x4 with a convertible back /boot so it could work but common sense says I'll probably have to change it as soon as I'm able. Its a small sacrifice in the grand scheme of things but I'd miss it . 
Tigger - you're a woman after my own heart - I'll probably end up talking myself into justifying why I should keep it.  It's a proper dilemma!!

I did manage to get everything except the grocery shopping on the list done today (plus a few extra bits and bobs)- after reviewing what's in I decided that it can wait until at least tomorrow.
I'm really happy that I got everything for school sorted as planned (all the INSET stuff finished, an hour long chat with my boss and most online lessons for the week written) and just have a couple of online lessons to finish off for the end of the week now. Having seen the news today though, who knows what will happen longer term.... 

On a completely different note, I took the dog for a big walk this afternoon in a snow storm - which then promptly melted, But, by the time we went for the post-tea walk about 7ish, it had completely frozen solid and was like an ice rink and I managed to slip and fall over not once but twice!! A bit bruised but ok - was more concerned about being seen looking like a total bambi on ice k*ob!! The dog, of course, thought it was hilarious and thought I was playing and just jumped all over me on the floor .... twice!

savingholmes

Bless at the dog jumping all over you when you were on the ground. Our miniature labradoodle would do that too.

mumblingtaff

Morning all!
Its still flipping freezing here! Bracing myself for taking the dog to the park (in the car!) for a run around - its still too slippery to walk on the pavements.
Then, its back home to do a bit of work and make myself presentable ready for a work zoom this morning. And so it begins.....

Have a few other things to do today - need to pick up some groceries, put some diesel in the car, phone home, finish off the lessons for the week, and take the dog for a big walk this afternoon. That's enough for the last day before work

juliejim

Just read all your diary MT - exciting times ahead. Good luck with work tomorrow - so far I'm in as I'm primary but who knows what will happen between today and tomorrow!
Looking forward to keeping up with your plans as they unfold!
Jue