So, how are you spending your bench time?

[SimonMac]

What is this 'bench' you all talk about? Are you all homeless?

In Permie parlance it is the same as "Vacation"

[psychocandy]

Thats the golden ticket. Having enough saved so that you can take time and not even bother looking for another gig until you want to.

Unfortunately, I always feel I need to be looking straight away. :-(

[Dallas]

Thats the golden ticket. Having enough saved so that you can take time and not even bother looking for another gig until you want to.

Unfortunately, I always feel I need to be looking straight away. :-(

I am over that feeling of constant guilt took a good few years though.

[SimonMac]

Thats the golden ticket. Having enough saved so that you can take time and not even bother looking for another gig until you want to.

Unfortunately, I always feel I need to be looking straight away. :-(

Its a two pronged approach, firstly don't start spending money just because your company is earning it, I still live on a "permie" lifestyle equivalent of about £30k a year, the rest is then making sure when you have a gig you maximise your earnings. I know I need to invoice for 8 months a year to be able to take 4 off with enough carried over to top up the warchest, I will have worked 15 months when this contract comes to and end so I am good for another full years salary as working so close to home there was no expenses to pay

[ChimpMaster]

Its a two pronged approach, firstly don't start spending money just because your company is earning it, I still live on a "permie" lifestyle equivalent of about £30k a year, the rest is then making sure when you have a gig you maximise your earnings. I know I need to invoice for 8 months a year to be able to take 4 off with enough carried over to top up the warchest, I will have worked 15 months when this contract comes to and end so I am good for another full years salary as working so close to home there was no expenses to pay

Good advice and can be expanded upon by choosing to invest your earnings so as to generate positive cash flow. Over time this will eventually throw off enough residual income to cover your basic outgoings - meaning that you don't have to work ever again

[vwdan]

Its a two pronged approach, firstly don't start spending money just because your company is earning it, I still live on a "permie" lifestyle equivalent of about £30k a year, the rest is then making sure when you have a gig you maximise your earnings. I know I need to invoice for 8 months a year to be able to take 4 off with enough carried over to top up the warchest, I will have worked 15 months when this contract comes to and end so I am good for another full years salary as working so close to home there was no expenses to pay

Yup, I've not taken a penny over my permie salary since my first contract started 1st March (It was always short term, and I made it shorter by automating stuff) and as a result have enough from that alone to cover me for 10 weeks, though that doesn't include waiting for the next contracts cash to appear in the bank.

But, the good news is that my next contract should be finalised by tomorrow lunchtime - so a good day all round. I even managed to fix the scooter.

[lukemg]

Good advice and can be expanded upon by choosing to invest your earnings so as to generate positive cash flow. Over time this will eventually throw off enough residual income to cover your basic outgoings - meaning that you don't have to work ever again

WHS x100 - Get your money earning money and you will be genuinely free to work or not.
And when you do have a choice, it changes your whole perspective.

[ChimpMaster]

WHS x100 - Get your money earning money and you will be genuinely free to work or not.
And when you do have a choice, it changes your whole perspective.

And when you get a wife, and have kids, you're f&&ked again!

[Dallas]

I'll let you know next Thursday when I 'expire' at 11pm

Wahoooo -

a month of sleep!!

[NorthWestPerm2Contr]

And when you get a wife, and have kids, you're f&&ked again!

family means very little warchest....