Sunday, 25 October 2009

Ramblings


So I've not even properly started the project at the time of writing, and I've already found nearly £1200 in savings in my that I can easily apply. That is exciting actually. I'll be at least £1200 better off next year than I was this year. I haven't made any major unwanted sacrifices yet either, nor have I resorted to micromanagement.. If I didn't have stuff to pay off that could buy me a nice holiday.

I've a fair idea of what inefficiencies there still are in my current spending, and I know what approach I am going to take to cut those out, but I'm going to have to do a little research/trial and error to get a sense of what the numbers are going to be over a year by doing do. Until then I can't really post them. Unless they are going to be in the region of £100 per year it's not worth bothering with in my mind.

By the end of the year I can see myself having found at least £1500 in reductions in my current spending. Which is good, because it means hitting the first target (£6000) is achievable at least.

I'm still unable to really commit myself to any part time work, or any after work activities that might make me money on the side, so I don't feel I can quite start the project properly quite yet. This is an unusual situation, I normally do have a bit of time free. But until I do, I don't feel I can give the project a proper shot, because I do think that most of the progress towards the goal(s) will be me finding (legit) ways to make cash in my free time.

At the same time, I can't wait forever, and I really have to push myself on this.

So the way I'm going to work it, is that the instant I make any money on the side that isn't a saving on an activity that I already do, then the timer starts. Otherwise, the timer starts on the 1st Jan.

But in the mean time, I'll still be updating with the results of my hunt for reductions in my expenditure.

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