I was always intrigued why the MIL and cohorts could rack up substantial amounts in their bank accounts whilst living on the minimum state pension. I knew how but am now in the same position It's all to do with not spending any money This year alone I'll have saved just under £20K by not going on holiday and with the cruise money now showing as a rather impressive credit amount on the CC the accounts have a rosy complexion. Doing my own decorating will also save rather a lot and I'm still earning as WFH has been my modus operandi for the last 20 years. It'd be nice to go on holiday but in the meantime I'll have the cash to splash on upgrading the media centre and other vanity projects
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Positive effects
Collapse
X
-
-
Originally posted by tazdevil View PostI was always intrigued why the MIL and cohorts could rack up substantial amounts in their bank accounts whilst living on the minimum state pension. I knew how but am now in the same position It's all to do with not spending any money This year alone I'll have saved just under £20K by not going on holiday and with the cruise money now showing as a rather impressive credit amount on the CC the accounts have a rosy complexion. Doing my own decorating will also save rather a lot and I'm still earning as WFH has been my modus operandi for the last 20 years. It'd be nice to go on holiday but in the meantime I'll have the cash to splash on upgrading the media centre and other vanity projects
-
If you think doing something yourself will save you money, probably you don't value your time enough.Comment
-
Originally posted by elsergiovolador View PostIf you think doing something yourself will save you money, probably you don't value your time enough.
For those of us who sit behind a computer all day it can be nice to build/fix something physical once in a while.Comment
-
Originally posted by jayn200 View PostMaybe, maybe not.
For those of us who sit behind a computer all day it can be nice to build/fix something physical once in a while.Comment
-
Originally posted by jayn200 View PostMaybe, maybe not.
For those of us who sit behind a computer all day it can be nice to build/fix something physical once in a while.Always forgive your enemies; nothing annoys them so much.Comment
-
Originally posted by jayn200 View PostMaybe, maybe not.
For those of us who sit behind a computer all day it can be nice to build/fix something physical once in a while.
If you build a distillery in a shed I would consider that a worthwhile vanity project.Comment
-
Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment