Planning the year ahead....

[TimberWolf]

And after all that the meticulous planing the Euro collapses and you have to eat potato rinds instead?

[MarillionFan]

Regardless of the tulipe posting from AtW.

How do people plan their year?

[aussielong]

I've always been a little bit anal when it comes to planning the contracting year ahead. As much as I like to be a free spirit of capitalism I do have this rather OCD approach to meticulously planning my finances a year ahead.

I have just completed this years 'contracting calendar'. And with all plans I can only go to the end of the present contract and place a risk ratio on an extension for another 3 months.

For this I plan

1) All of the days presently guaranteed (green)
2) All of the days most likely based on renewal(orange) with a percentage of it taking place(75%)
3) Then I put placeholders for holidays(ie red - won't be available)
4) Then I put blue for 'expected days - either existing contract or a new one' with another percentage (25%)
5) Then I leave the rest unknown
6) A summary then calculates the days and an input is left for the 'unknown days' which I can input into.

I then place my expected take home rate after expenses multiplied by 70% in the take home column.

This then inputs into a rather complex spreadsheet of bank accounts, investments, other incomes(which may have a sheet of it;s own), interest, bills, taxes, average spending, costs of holidays, pensions, savings for kids etc by month.

I then key in different numbers into 6 for the days unaccounted for, which filters through and gives me the expected positions (worst case, average, best case) at the year end.

I then update this monthly all year based on the previous month and adjust accordingly.

Of the other contractors I know well, all do something similar. What does everyone else do???

This is the most boring pile of rubbish i've read on CUK.

Do you apply the same principles to foreplay? Right, 3 minutes on the top, next wet fingers, 16 rubs. 5 minutes on inner thighs. She should be responding in exactly 30 seconds. ALERT ALERT. No response. No Response. ABORT ABORT

[cojak]

"Zero. But I have forecast £24 Million from my new 'Distributed Computing Project aimed towards building the largest search engine index on the Internet using Distributed Crawlers' company" - Minestrone.

Arf!

[cojak]

I balance my accounts at the end of every month and make sure I spend less than I earn.

My forecasting is to carry this forward until the end of the contract and keep looking at the market to assess the chances of this continuing for the next 6 months.

(Method also known as 'finger in the air').

[Lockhouse]

I've always got a pretty good idea of where I am financially without having to write anything down. I occasionally do a three month estimate going forward but this is always on paper. I arrive at a best\worst case figure and throw the paper away.

I always try to keep total drawings from the company at < 50% of gross.

[Bacchus]

I've always been a little bit anal when it comes to planning the contracting year ahead. As much as I like to be a free spirit of capitalism I do have this rather OCD approach to meticulously planning my finances a year ahead.

I have just completed this years 'contracting calendar'. And with all plans I can only go to the end of the present contract and place a risk ratio on an extension for another 3 months.

For this I plan

1) All of the days presently guaranteed (green)
2) All of the days most likely based on renewal(orange) with a percentage of it taking place(75%)
3) Then I put placeholders for holidays(ie red - won't be available)
4) Then I put blue for 'expected days - either existing contract or a new one' with another percentage (25%)
5) Then I leave the rest unknown
6) A summary then calculates the days and an input is left for the 'unknown days' which I can input into.

I then place my expected take home rate after expenses multiplied by 70% in the take home column.

This then inputs into a rather complex spreadsheet of bank accounts, investments, other incomes(which may have a sheet of it;s own), interest, bills, taxes, average spending, costs of holidays, pensions, savings for kids etc by month.

I then key in different numbers into 6 for the days unaccounted for, which filters through and gives me the expected positions (worst case, average, best case) at the year end.

I then update this monthly all year based on the previous month and adjust accordingly.

Of the other contractors I know well, all do something similar. What does everyone else do???

And then get unexpectedly benched, the boiler blows up, and the roof falls in

If you really plan to that degree (and I can't believe that even the contractor that I used to work with who had brightly coloured socks to match his brightly coloured shirts and who used to fax the canteen menu to his wife on a Monday so that she never cooked the same thing for his dinner by mistake, would do that), you need to get out more!

[TimberWolf]

Most heavily tagged thread of all time?

[SimonMac]

I balance my accounts at the end of every month and make sure I spend less than I earn.

My forecasting is to carry this forward until the end of the contract and keep looking at the market to assess the chances of this continuing for the next 6 months.

(Method also known as 'finger in the air').

WCS!

[Mich the Tester]

This is the most boring pile of rubbish i've read on CUK.

Do you apply the same principles to foreplay? Right, 3 minutes on the top, next wet fingers, 16 rubs. 5 minutes on inner thighs. She should be responding in exactly 30 seconds. ALERT ALERT. No response. No Response. ABORT ABORT

WHS