Reply to: Classic Hedonistic Contractor Tales

[threaded]

Come on, who has lived the ultimate classic contractor lifestyle?

Some of the contractors on here having been doing it for years they must have some great stories of hedonism surely?

So many, just too many to mention, but the otherday I bought myself a new bicycle for commuting that has a tailor made super light titanium frame, carbon wheels, 27 gears. The whole bicycle weights in at 4.1 kg, which includes the mudguards and lock.

[Mr Crosby]

Yeah those high class hookers eh, great stuff. But all they leave you with are some great memories and a bruised & battered kn_b.

And an appointment at ward 19.

[kramer]

you are all lame ... not one decent night out between us..

[partimer]

Best advice you will ever get.
There is one thing that nobody can ever recover and that is time. Spend your free time with your mates, your parents, your family, etc.
You can never get that time back when sitting in a traffic jam, in a packed train, etc.

Don't go mad but money is there to be spent, to get you happiness. Money that sits in a bank and grows but is never spent is pretty much idle. Dieing with the biggest bank balance is pointless.

[ChimpMaster]

It's a baseline though - anything on top of that and you can ask yourself if it's really worth x hours of working to have it, and n times x hours for the n times the "want" will have to be purchased over your whole life, if it's to be a permanent part of your lifestyle.
...etc

The plan might then in fact be to have a residual income of say £1k a month from ur 300k cash in the bank, and then choose to work as and when u feel like it. You could take a short contract or work at Tescos for 2 days a week, for example, to earn a little extra or pay for that luxury/surgery/ex-wife/illegitimate child/hooker etc.

Of course, the luxury of having a hooker could lead to the illegitimate child which would soon make ur wife ur ex-wife, but only after she leaves u needing surgery.

[ChimpMaster]

you cut your cloth etc. I earn more now than I ever have and have nothing to show for it.

Yeah those high class hookers eh, great stuff. But all they leave you with are some great memories and a bruised & battered kn_b.

[Clownio]

I once worked my usual weekend in McDonalds and seen my ex buying junkfood there - I only got her extra fries and still got laid.

Milan.

Hang on.....

It says AtW at the top but he signed off Milan.

How does that work ?

[Mr Crosby]

you cut your cloth etc. I earn more now than I ever have and have nothing to show for it.

[n5gooner]

I have survived on less than £100K pa before. It is possible with some heavy budgeting but not much fun.

HTH

snap!

[IR35 Avoider]

Also at £1k / month you can't afford anything you want to buy.

It's a baseline though - anything on top of that and you can ask yourself if it's really worth x hours of working to have it, and n times x hours for the n times the "want" will have to be purchased over your whole life, if it's to be a permanent part of your lifestyle.

There are things I haven't priced in though. I assume the wife is going to pay for the children. When the need arises, I'm likely to want dental implants rather than what the NHS offers. You need money for contingencies, for example I can't insure against the wife leaving with half my money. (But I do intend to be very nice to her.)

[_V_]

I have survived on less than £100K pa before. It is possible with some heavy budgeting but not much fun.

HTH

[Bagpuss]

Once you get used to spending loads of money, then no amount is ever enough. There are people in this country who live on <20k a year and have to pay mortgages and other bills. They manage. How can someone not be OK on the equivalent of that wage but with no bills?

[ChimpMaster]

The only expensive luxury I ever wanted to buy was my freedom from having to work. (Well my flat was quite expensive, and luxurious, but as I have to live somewhere I'm not sure that it counts.)

Next to the cost of freedom, everything else is insignificant baubles. Freedom requires 300K plus the cost of a paid for flat, so 700K in London or 400K.......
....etc

I am thinking in similar lines, but it isn't easy once you factor in the wife and then kids. Also as you get older you'll find that your tastes/requirements change and yes you no longer want the £150 trainers but instead you want a nice suit or briefcase or supercomputer (or wub-woofer lol).

300k is not a lot of capital to expense your freedom. Bearing in mind your flat would be fully paid, you would still have pay council tax, bills etc. 300k is £1k a month in interest at 4% (less tax, and of course subject to inflation at 2%+/year).

Even if you had a whole £1k per month, surely your £400k flat in London would take that all in council tax!

Also at £1k / month you can't afford anything you want to buy.

[Bagpuss]

Did she have a cock?

[el duder]

anyone remember the pa i used to sit next to who used to chat to me on msn at work?

she used to send me dirty messages and then disappear to the toilet. when she returned she would say she had just used the disabled toilet, got completely naked and w*anked herself silly in there while thinking of me...

ahem. contracting. dont do it. its bad for your health.