Friday, 19 July 2019

New Target Date

Okay, so as with all things, this newly declared target date is movable, as . . . you know . . . life happens and things don’t always go to plan.

The thing to remember is just keep going and keep working your (now revised) plan when and if things go awry. 

Just keep going, keep moving forward. Don’t get stuck on the fact that your original plan didn’t pan out. Keep focused on the overall plan and the overall objective. 

My overall objective in my Grand Savings Plan is to save up enough to start my town. 

Okay, in the beginning it will be a homestead with a large guest cabin, not unlike an army barracks. 

It will be a start though, with the idea being that there will always be a bed and food for all who come to join and help. (Once again, it is a town, not a cult.)

I also want to start the journey to establish this town in the spring, so as to give me as much time as possible to: find land, buy land, and build a cabin/house before winter (establishing farming/greenhouse would be great, too).

So, as it stands it looks like I won’t have enough time to do all that by April 7, 2024, so I will be pushing it off until April 7, 2024, or perhaps spring of 2025.

I do know that I will work my savings plan as best as I can and this Grand Savings Plan will be done, when it is done.

So, while I will be updating you on how the Grand Savings Plan is going, I won’t be doing the updates with the how much I have put into savings.

Why? Well, this is because that end number, that target savings amount keeps changing. 

I will know that I am done when I am satisfied that I have enough saved up to actually start this crazy plan. 

The main thing to take away from this is to keep moving towards your goals, even if they keep moving on you.

As always: Keep your head up, your attitude positive, and keep moving forward!

Thursday, 18 July 2019

Grand Savings Murkiness Ahead

So, as you all know, I am well-entrenched in my Grand Savings Plan, the plan to save up enough for me to start my town. 

Yet, the exact number and the exact end date keeps shifting around on me. 

This is because my estimated dollar amount keeps shifting and my estimated time to save that amount up also proves illusive. 

I will keep clomping on forward and simply focus on this year, on this pay period with an eye to the next two. This is the way that I have always done things.

I have grand goals and ambitions, but I have found that such lofty goals are brought down to the ground and made real by the actions we take in the here and now.

I know that this Grand Savings Plan will take years to complete, after all I don’t make a CEO’s salary. 

(This is in reference to when the news happily tells us that two days into the new year that the average CEO has made the average worker’s yearly salary.)

All I can do is do the best with the resources that I have in hand and keep moving ahead at a steady pace. 

Perseverance, dedication and patience are keys to this kind of endeavour. 

It is especially frustrating when you have to wait two weeks to take one step forwards, on the long journey ahead of you.

Yet if you do not take that step, and the one after that, and the one after that, and so on, you will never get to your destination.

So, I will keep moving forward and keep working on my Grand Savings Plan, even though I don’t know exactly when it will end. 

I only know that it will, and it will end in success, as that is what I am determined to see happen. (But, you know, donations will be gladly accepted, of course.)

As always: Keep your head up, your attitude positive, and keep moving forward!

Wednesday, 17 July 2019

My Budgeting Style

A point was raised on how I budget, or rather on my style of budgeting. 

Once again, criticism, or rather constructive criticism is always welcomed, and this was certainly in that category.

Their point was that a budget should be set on the minimum expected income. Or rather, on salary alone, and should exclude any commissions or bonuses.

This is a sound and prudent strategy, and one that should be considered and employed when possible.

This is just like the strategy that I do employ (partially) which is to underestimate (slightly) your income and overestimate (slightly) your expenses. 

The combination of the two will keep you on budget and account for any slight errors in either or both.

My number that I base my budgets on, my “Budgetary Minimum” is the minimum amount of net income I need in order to make my budgets balance.

This concept and that specific number is a holdover from when I was buried in debt and I literally needed that number or I would be in trouble.

I keep holding to that number because I expect and will do whatever I have to (that is: legal, ethical, and moral) in order to make that number.

This is because I have gone through a great deal to win back my paycheque and so I will use all of it to better myself, my life and my future. I will not slack off simply because I can.

My budgeting style is a bit more of a realistic approach (sorta). I start out with my number, My Budgetary Minimum and keep focussed on making that number.

During my payperiod I update my projected net income for the upcoming paycheque will be. Yes I have a separate spreadsheet for that.

If the end of the payperiod is coming and it looks like I won’t make my Budgetary Minimum then I will usually take a bit out of my vacation pay (Boss lets me do that) in order to still make Budgetary Minimum. 

Either that or I will just accept not making Budgetary Minimum and adjust my budget accordingly.

When I make Budgetary Minimum before the end of the payperiod I update my income in my budget accordingly each day.

I also update my expected expenses each day. This is a constant process to keep tweaking my budgets in order to keep on track for my fiscal future.

I base my budgets on what I can realistically expect to make and spend, rather than on a lowered number. 

It may not be textbook, but it is what works for me.

As always: Keep your head up, your attitude positive, and keep moving forward!

Tuesday, 16 July 2019

Bonus Bump

So, as some of you may know, I earn both a salary and a small commission on the online sales that I process. 

I have no control over who orders or what they order, but it is a small way for me to get a piece of the overall company prosperity; I appreciate it.

More than that, I rely on it as that commission makes up, on average 10% of my pay, so it is a big deal for me. 

It is also part of a game, of sorts, as to “will I make Budgetary Minimum this payday.” 

I have a certain number that I need for my Net Income to be in order to make my budgets balance. This is a carryover from the days of when I was mired in debt.

I still hold true to that number because I have gone through a great deal to earn back my paycheque and I intend to use it to further me, rather than simply take a pay cut.

Since nobody knows what my bonus will be until all working days are over, my bonus part of my paycheque cannot be estimated.

This is not a problem unless Boss goes on vacation around the time that paycheques are issued. 

Now Boss is always diligent about making sure that we have our paycheques in hand on or before payday. 

Again this is appreciated as we have all heard horror stories of people chasing paycheques.

Yet, since my bonus for any particular workday is not known until the close of business on that particular workday, when Boss goes on vacation before the end of the payperiod, this creates a problem. 

Such is the case this month, when Boss goes on vacation for the last week of this month and the first week of next month. 

This means that five workdays worth of my bonus will be missing from the affected paycheque (as in the one on Aug 7).

Now, to be fair, I will get paid the hours for those days (on the Aug 7 paycheque) and I will get paid the Bonus for those 5 days (on the Aug 22 paycheque).

So, this is shuffling income from one paycheque to another. To be honest, I am in a fiscal position to be able to weather it, but that is not the point.

I am grumbling, but I understand it is what it is, my thoughts and concerns go to my co-workers who may not be so able to simply take this hit.

It is just frustrating to have your pay jerked around by reasons outside of your control. 

Again, this is nothing new, and nothing specific to me; we have all encountered this at one time or another throughout our working lives.

As always: Keep your head up,  your attitude positive, and keep moving forward!

Monday, 15 July 2019

Lined Out

So, this weekend I was not able to spend it in my Western Home. Instead I spent it in my Lakeside Home (as in, that pond that is in my Eastern Home).

The reason was that the parking lot lines were being painted in my Western Home. I could see why (or perhaps not see why) as the lines were quite faded. 

I will be in Western Home next weekend, as it is payday weekend and that means that I need to fuel up at my usual big box discount store that has the cheapest gas in the city (always).

I don’t think it will take more than a week to paint the lines but who knows. I am nothing if not adaptable (though I still resist and grumble at change). 

Other than being a bit compact as I had to keep my slide-out in (as I parked on the street) I was fine. 

It is always nice to see the birds and the bit of nature in the heart of the industrial park that I live.

As always: Keep your head up, your attitude positive, and keep moving forward!

Friday, 12 July 2019

Wanda Day Has Arrived Again

It is officially five years since I moved into Wanda full-time. Five years ago I backed my trailer up into the driveway of the house where I was renting a room.

I loaded up what stuff I had left into the trailer and drove off to McLean Creek to camp and make a home out of my trailer: Wanda.

This last year has seen me moving forward on this savings plan that is my Grand Savings Plan. 

There have been successes and setbacks but for the most part it is on track. I am committed to making that town a success.

First I have to raise the funds to get the ball rolling. Since I suck at promotions and salesmanship, a crowdfunding campaign is out of the question.

Thus I am left to raising the funds from my own paycheque (thus the four more years living in Wanda).

This day is about celebrating and reflecting. Celebrating the fact that I have made another year living full-time in Wanda and reflecting on what I have achieved in that last year.

My savings is steadily growing and with the growth of that savings comes ever more options available to me. That and a smidgen more of security.

As in, I can live longer without a paycheque (if need be) with each extra bit I put into savings. That brings peace of mind, and that is a nice thing.

I am still committed to founding that town, but I am working on relaxing and being Content, yet not Complacent.

As always: Keep your head up, your attitude positive, and keep moving forward!

Thursday, 11 July 2019

The First Step Is The Hardest

I still remember sitting in my truck after getting home from work. I still remember the moment the exact moment that I decided to start this Urban Nomad Journey.

I started this blog for two reasons, the first was to publicly declare that I was going to do this, the other was to document my journey. 

The third reason was that through this blog and the record of what worked and what didn’t, that others could learn (or at least laugh) from my mistakes.

Yet actually taking that first step was quite hard. I had to put in my notice at the place where I was living without knowing where I was going to move to.

That part, that first real concrete step was quite hard to do.  After that, however, each successive step got a little bit easier. 

Now, this is just my lifestyle and I still live in this trailer so as to build wealth, as in there is life beyond being debt free, it is called building up your savings.

Yet, you need to take that first step in order to actually better your life. 

Whatever it is, whatever journey of self improvement that you want to take, sooner or later the planning and dreaming phase must end and you must actually start working your plan.

Here is one final piece of advice I can give to those about to start their own journey. 

You don’t have to have all the answers in order to start, you just need to know what you need to do here today, this week.

You know what to do, so get to it and better your life.

As always: Keep your head up, your attitude positive, and keep moving forward!