Hello from England
Posted: Tue Apr 09, 2019 5:08 pm
Hi everyone!
I've been lurking here for a while now (a couple of years, I'd say), but only just decided to make an account.
About me! I live in England, I'm 25, I'm a woman, and I'm an INFP according to all recent tests (though I did test as INTP a couple of times when I was a teenager). My original plan when I found FIRE shortly after my 22nd birthday was to go full throttle for 5-10 years at something full time and then retire completely, but unfortunately it turned out I'm allergic to full time work, so I revised my plan to involve working part time for longer.
Last year I earned around £10,000 and saved around £5,000 (for context, the UK minimum wage for someone doing a 40 hour full time work week all year round is a bit more than £15,000). Right now, I have three main income sources on a self-employed basis. I work two 6-hour days a week doing admin in an office, I do some work most weeks on the website for my dad's business (pretty basic, it looks like something out of the 90s, but also I'm charging him way less than it would cost for an experienced web designer to maintain it), and I also do some maths tuition. The maths tuition is a pretty new income source, and I'm hoping to increase the number of clients I have for that, because I'm charging twice as much for that as I am for the office work, so it's my main chance at the moment to earn enough money to get an actually high savings rate instead of just barely making 50%.
I live with my parents, because it's significantly cheaper than paying rent, and due to my low income I haven't saved to buy my own house yet. (If I could do that, I'd consider doing that and getting a lodger or two, or asking a friend to move in, but I don't want a big mortgage so I need significantly more of a deposit than the roughly £15,000 in savings I had at the start of the year, especially since I'm emotionally attached to a village location, which around here is more expensive than the towns.) It generally works pretty well for me, since we have a fairly good family relationship, though we do have our disagreements occasionally. Unfortunately I have to have a car at the moment because the local public transport is poor and the office I'm working at is further than my current reasonable cycling commute distance, so I have a fuel-efficient 2011 plate car in the cheapest tax band that was paid for in cash.
My dream lifestyle would be living in a relatively eco-friendly house, in beautiful rural surroundings, in a place where I could walk into a town if I wanted to but could easily retreat to solitude also, and the house would be full of bookshelves, and basically I would spend all day pursuing my various whims, which usually go something like, "Oh, now I should learn [language not spoken anywhere I plan to visit]! Now I'll go on a long walk and lie on the grass and watch the birds in the sky! Now I'll write a poem! Now I'll get distracted by this fantasy novel for a week! Now I'll learn about this non-fiction topic!", repeated in an endless distracted cycle. And I'd invite friends over for a weekend maybe every 2 months, or for a day every month. The thing is, if I was already FI, the distractability wouldn't matter, and it'd make me happy - plus, I'm getting better at making sure I cycle through the SAME set of distracting things, so I can start making progress on some of them.
I believe pretty strongly that the future will be going slowly downhill - I'm a fan of John Michael Greer's theory of catabolic collapse/the Long Descent. For this reason, I haven't yet invested any of my savings, because I don't believe index funds will always go up, and I'm not knowledgeable enough about value investing or anything to feel confident trying that, so it might be good for me to learn a bit more about different investment styles, or I could just continue saving and trying to build more practical skills (I'm currently learning to spin using a drop spindle, and also I tried whittling some wood and made myself a doorstop, for example. Also I made pirate biscuits like they used to take on sailing ships!)
I have an account on the MMM forums with the same username, but I don't really like those forums any more, because they're mainly full of a mix of high income people congratulating themselves on saving 70% of their high five-figure/low six-figure salary, and people who are newer to the FIRE concept and have lower ERE Wheaton levels that make them ask questions that I find completely useless. I barely ever find interesting threads that teach me new things over there any more.
Anyway, based on my lurking, you all seem like a pretty cool bunch of people over here. I can't promise I'll post that much - as I said, I'm easily distracted - but I'd definitely like to post more. Thanks for having me, and I'm looking forward to joining in.
I've been lurking here for a while now (a couple of years, I'd say), but only just decided to make an account.
About me! I live in England, I'm 25, I'm a woman, and I'm an INFP according to all recent tests (though I did test as INTP a couple of times when I was a teenager). My original plan when I found FIRE shortly after my 22nd birthday was to go full throttle for 5-10 years at something full time and then retire completely, but unfortunately it turned out I'm allergic to full time work, so I revised my plan to involve working part time for longer.
Last year I earned around £10,000 and saved around £5,000 (for context, the UK minimum wage for someone doing a 40 hour full time work week all year round is a bit more than £15,000). Right now, I have three main income sources on a self-employed basis. I work two 6-hour days a week doing admin in an office, I do some work most weeks on the website for my dad's business (pretty basic, it looks like something out of the 90s, but also I'm charging him way less than it would cost for an experienced web designer to maintain it), and I also do some maths tuition. The maths tuition is a pretty new income source, and I'm hoping to increase the number of clients I have for that, because I'm charging twice as much for that as I am for the office work, so it's my main chance at the moment to earn enough money to get an actually high savings rate instead of just barely making 50%.
I live with my parents, because it's significantly cheaper than paying rent, and due to my low income I haven't saved to buy my own house yet. (If I could do that, I'd consider doing that and getting a lodger or two, or asking a friend to move in, but I don't want a big mortgage so I need significantly more of a deposit than the roughly £15,000 in savings I had at the start of the year, especially since I'm emotionally attached to a village location, which around here is more expensive than the towns.) It generally works pretty well for me, since we have a fairly good family relationship, though we do have our disagreements occasionally. Unfortunately I have to have a car at the moment because the local public transport is poor and the office I'm working at is further than my current reasonable cycling commute distance, so I have a fuel-efficient 2011 plate car in the cheapest tax band that was paid for in cash.
My dream lifestyle would be living in a relatively eco-friendly house, in beautiful rural surroundings, in a place where I could walk into a town if I wanted to but could easily retreat to solitude also, and the house would be full of bookshelves, and basically I would spend all day pursuing my various whims, which usually go something like, "Oh, now I should learn [language not spoken anywhere I plan to visit]! Now I'll go on a long walk and lie on the grass and watch the birds in the sky! Now I'll write a poem! Now I'll get distracted by this fantasy novel for a week! Now I'll learn about this non-fiction topic!", repeated in an endless distracted cycle. And I'd invite friends over for a weekend maybe every 2 months, or for a day every month. The thing is, if I was already FI, the distractability wouldn't matter, and it'd make me happy - plus, I'm getting better at making sure I cycle through the SAME set of distracting things, so I can start making progress on some of them.
I believe pretty strongly that the future will be going slowly downhill - I'm a fan of John Michael Greer's theory of catabolic collapse/the Long Descent. For this reason, I haven't yet invested any of my savings, because I don't believe index funds will always go up, and I'm not knowledgeable enough about value investing or anything to feel confident trying that, so it might be good for me to learn a bit more about different investment styles, or I could just continue saving and trying to build more practical skills (I'm currently learning to spin using a drop spindle, and also I tried whittling some wood and made myself a doorstop, for example. Also I made pirate biscuits like they used to take on sailing ships!)
I have an account on the MMM forums with the same username, but I don't really like those forums any more, because they're mainly full of a mix of high income people congratulating themselves on saving 70% of their high five-figure/low six-figure salary, and people who are newer to the FIRE concept and have lower ERE Wheaton levels that make them ask questions that I find completely useless. I barely ever find interesting threads that teach me new things over there any more.
Anyway, based on my lurking, you all seem like a pretty cool bunch of people over here. I can't promise I'll post that much - as I said, I'm easily distracted - but I'd definitely like to post more. Thanks for having me, and I'm looking forward to joining in.