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From bad to worse...
Well, it's been nearly two months since my last blog post, and I can definitely say it's been a busy, stressful few months.

When I first decided to really push "So Easy" about 6 months ago, I had quite a few big projects lined up, and also the bank (HSBC) said they'd agree to increase my overdraft from £14k to £30k if I needed it, and that gave me the confidence to really give it a shot.

Over the past few weeks, the big projects that were in the pipeline unfortunately haven't come off, so a few weeks ago, I trundled down to the bank to ask them to kindly increase my overdraft, as promised. And guess what, 2 months after they said they could increase it, computer now says NO.

This has left me in a very very difficult situation. All my solid back up plans have actually deserted me.

I've had conversations with my mortgage company, who have kindly switch my mortgage from repayment to interest only. Not a massive help, but it has dropped it from £1800 per month to £1400 per month...

Sealed with a cherry did pretty well for fathers day, bringing in around £350 of sales, but since then it's just died off, but hopefully we can revive that.

So, as things stand, I've got around £500 available before I max out my O/D and credit card.... So, yes, things are pretty tough.

Cutting Back

Since the start of the year, I've really managed to cut back, pretty much on everything I can. There isn't much left to cut back on. I started by suspending my gym / tennis membership, I've dropped my Sky subscription down from £60 a month to £20 (No sky sports anymore :( ), and I've even resorted to eating cereals for dinner (all good for the weight loss, too)...

All in all, I've managed to cut back about £500 per month, but still my outgoings are a little over £3k. 

I've spent many hours thinking of "quick" solutions. Getting a lodger, renting out the house etc... but realistically, none of them are practical. Getting a lodger would probably only get me about £400 per month, and living in a bungalow, I'd find it hard working the hours I do, and being so used to quiet. 

If I rented out my house, I'd only get around £1200 per month, and that wouldn't even cover the mortgage, and I'd still need somewhere else to live.


Bank of Mum and Dad

This is an absolute last resort, but I think I may actually have to swallow my pride and ask my mum and dad for some help. The sad thing is I've managed to get this far in life without much in the way of help from my parents, and I feel proud when I look at what I've achieved,

I guess that if I have to get help from my parents, then I feel like I've failed, let them down, and was unable to "make it on my own".

I've had a conversation with them, and warned them that I may need some help until I sell my house, however, I'm still optimistic that something will turn up and I will find away to get by without a) getting into debt or b) having to borrow from my parents.

Still have faith

Things are so desperate that I even email Auctions again, pretty much begging for some work for a few months. Luckily they haven't replied, to be honest, that's not really a solution, as I'd hate it their and wouldn't be able to focus on my existing work.

I still have a few projects lined up, so fingers crossed, the money will start to come in before I have to borrow off parents, or before I have to sell the house.

Watch this space to find out what happens next in the ups and downs of my exciting life.


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