War chests

[BrilloPad]

To become a millionaire from contracting, the factors that will improve the likelihood of this are:-

1. Work close to home
2. Reduce the periods of time you're unemployed by sticking close to mainstream skills
3. Keep your skills up so that you can maintain your rate.
4. Either have a wife that earns her keep or remain unmarried.
5. Don't have kids
6. Make the correct financial investments.

I think it would be a challenge to become a millionaire if you don't live in the London area and not having a wife and kids would make you rich but lonely. I can't see more than 5% of contractors making it to millionaire status.

7. dont get divorced.

[expat]

7. dont get divorced.

As I said 6 posts earlier

[DieScum]

Interesting discussion.

For me as a single bloke my minimum spend to have a nice standard of living is 1500 a month, with that I can do pretty much anything I want. Add in a couple of holidays and some one off luxury buys and it must be about 2k.

Everything on top of that goes in to savings and investments.

I don't have 310k though! But I wouldn't want to live life without birds and booze. Each to their own though.

Must all change when you get married and have kids...

[Menelaus]

7. dont get divorced.

Yep. Two failed marriages later (and I'm not 40 yet) I've decided that I'm not now getting married. No. I'm simply going to find a woman I don't like and buy her a house.

[HeadOfTesting]

No. I'm simply going to find a woman I don't like and buy her a house.

Hilarious.

[Evil Hangover]

7. dont get divorced.

When you get divorced you split the house in two. She gets the inside and you get the outside.

[Rob_S]

I've been out of contract since November, in Jan i was bricking it with about 8k left, then i thought, you know what i'm going to buy a mac and make some games for the iPhone!

This now brings me in about £1700 a month, not great but it's keeping me going (just).

[Archangel]

I've been out of contract since November, in Jan i was bricking it with about 8k left, then i thought, you know what i'm going to buy a mac and make some games for the iPhone!

This now brings me in about £1700 a month, not great but it's keeping me going (just).

Now that is interesting!

How many games have you written Rob?

How much do they bring in individually?

I have a couple of ideas, but don't know if they would be worth the investment in a Mac and an iPhone.

[Shimano105]

I have a couple of ideas, but don't know if they would be worth the investment in a Mac and an iPhone.

[Rob_S]

Couple of games and 2 apps.

About 1700 last month, but i'm on for 3.5k this month.

I have one game that is doing OK and also a gimmick app which is in the Top 50.

Give me your ideas, i'll let you know if they are any good

Now that is interesting!

How many games have you written Rob?

How much do they bring in individually?

I have a couple of ideas, but don't know if they would be worth the investment in a Mac and an iPhone.