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I've been contemplating quite a lot about what I'm doing recently. Or rather, where I am.

I guess it's expected after a relationship break-up, especially one where you've been living with your partner and had made plans stretching out a fair way. Things change, you adapt to the changes. The thing is I'm not sure where my 'adaptation' is exactly going to go.

The first thing on my mind is my living space. When Rosie moves out it'll just be Jade and myself in the three bedroom house in London. Rent is not cheap. In fact rent is £1170/month. Then there are bills on top of that. The way I've worked rent for the place since Sasha and Dave moved out is that my fellow inhabitants pay me a flat fee of £450/month and that covers all the bills (electricity, gas, water, TV license, SKY package, Broadband, Council Tax, etc). It ends up with me covering more than £450 myself but as the majority of the communal space is taken up with my stuff (books, games, dvds, etc) I think that's only fair.

Now I've been covering Rosie's rent since she moved down so nothing in the short term will really change. My personal expenditure each month is still going to be the best part of £2000 (once I take into account loan and credit card repayments). The problem being was that if Rosie and myself had worked out she would have eventually been able to pay the rent, thus bringing my tally down.

I've converted the spare room into an office and am keen on trying to keep it one as I like the extra space and also it changes my work ethics when the computer is in an 'office' and not in my bedroom. The problem is - is running an 'office' worth the extra £450 I'd be paying a month?

If not then the question raises itself, should Jade and myself look at getting a new housemate. Or should I just look at moving somewhere else.

The moving somewhere else has problems of its own of course. A single bedroom flat tends to see you paying out a lot more than you would in a shared house and generally for a lot less space. Of course if I looked outside of London rents come down considerably. This was brought home when Rosie was looking at house rents in Leicester. I could have a three bedroom house for about £400-500/month up there! That's a total price and NOT only a third share of it either.

London is bloody expensive. But it is where my job is and it's a job I a) love and b) am paid well for doing. I really don't want to contemplate leaving it. If I can make an extra £450+/month through my various other ventures then I'd be covering the extra rent. But is there much point is working nearly every minute of 'spare' time in order to cover this cost? I should really be thinking about bringing in an extra £1500+/month extra to make this worth my while. Atleast then I'm "making" money I can put away (or spend :p) rather than just getting it to help me tread water. Plus, as far as the work with Cubicle 7 is concerned, I'm have partners in the business plus employee freelancers so (certainly at the moment) can't afford to pay myself a 'wage'. All the money we currently generate goes back into paying for the new stuff we're doing. At somepoint (probably later this year) I may be able to start drawing out some of my Director Loans from the company which would be nice but I'd rather use that money to reinvest in one of the companies rather than spend it on living expenses.

There are projects in the works (both within Cubicle 7/Nightfall and outside of them) that could bare some very nice fruit. Some of these would give me payback sooner than others (if I get the time to concentrate on them). Some are much longer, and more nebulous, concerns that may or may not happen - but would be great if they did.

I have to sit down and work out what I'm doing and where 'I' want to be. I also need to decide the best way to handle some of the investments and maybe bring some more people on board (money, time and skill investment) to help see them grow to the level of payback they realistically can achieve and start giving those involved decent dividends/wages.

Anyway, these are my musings at present. I've now finished lunch and have to get back to doing the job I'm being paid for.

Hope everyone else is doing well out there in LJ land (or in random RSS feed-land for those viewing my LJ trhough feeder sites :p)

Until later this is Angus Signing Out :)

Comments

( 15 comments — Leave a comment )
belak_krin
Jun. 25th, 2007 01:15 pm (UTC)
I guess the real question is what (other than your job) does london offer you, and how difficult would the commute from elsewhere be? Although your projects may pay off, would you be more productive having that rent pressure lifted a little, and having the option to pay yourself a decent wage for your other projects/invest more heavily into other companies? (in other words, if you don't have to work every hour god sends to pay rent, would it give you the time to work on those other projects?)
angusabranson
Jun. 26th, 2007 08:27 am (UTC)
London has a great deal to offer. But I seem to be utilizing it less and less. This is partially because I'm just getting older and not so interested in clubbing and partially because I'm eitehr too busy or too tired to do the 'cool stuff'.

The commute into London each day (and back again) would be annoying. I know many people do it but it's both expensive and time consuming. I'd loose hours each day on travelling when I could be doing other stuff.

If I had more time to spend on my other projects/companies they would certainly become more profitable more quickly.
puddingcat
Jun. 25th, 2007 02:01 pm (UTC)
My personal expenditure each month is still going to be the best part of £2000

Holy crap. I *really* need a new job; that's significantly in excess of my monthly incomings...
crookedmonkey
Jun. 25th, 2007 02:29 pm (UTC)
What a pain. I suppose you have to consider the fact that a three bed place, with office space for you is pretty luxurious in London terms. All depends on your minimum acceptable standard of life - if you had a smaller place where maybe you couldn't occupy so much of the living space with your stuff (and you have a heck of a lot of stuff!) how would you cope? Or if you moved further away but kept work interests here how much would you spend on travel (money and exhaustion) in exchange for living costs?
And either way - don't leave!! I can't cope with any more London jumper-shippers.
angusabranson
Jun. 26th, 2007 08:28 am (UTC)
hehe... you just move down the road and I run away. How typical would that be! :p
crookedmonkey
Jun. 27th, 2007 04:42 pm (UTC)
I'd kick your curly ass.
replicantlizard
Jun. 25th, 2007 02:45 pm (UTC)
Hell! Good luck with it all - I'm going through a similar set of problems myself... so I can fully appreciate where you are coming from and where you are trying to go (which is the big unknown of course). I guess it keeps life interesting ;/
(Deleted comment)
angusabranson
Jun. 26th, 2007 08:34 am (UTC)
**Oh sure....I decide to move to London in two years, and you're considering moving away! :)**

Oh I'm probably just all talk. Ignore me. I go through the 'London is SO expensive I should move' frame of thought every 2-3 years. I'll no doubt still be here when you move over :p

**Re: Bringing new people aboard -- I'm considering the same thing for Adamant. Hmmm.**

Hmmm indedd :p
pengshui_master
Jun. 25th, 2007 06:02 pm (UTC)
If I undersrood what my account was telling me a couple of weeks back - you should be able to charge one of your companies rent for your office space.

Obviously you still have to be able to take that money out of the company. But it is probablt more tax effivcent over the long term than taking from the directors loan account - particularly if you are using the extra outgoings to support an ongoing expense.

IANAA so seek advise from a professional (accountant) yada yada yada.
lareinemisere
Jun. 25th, 2007 06:30 pm (UTC)
Maybe you could look into hiring some storage space? That might free up some room for you, Jade, a new housemate and an 'office' downstairs and would almost certainly be much cheaper per square metre than in your current place, while avoiding the hassle of moving.

I think there's a self storage place at the end of Arcadia Avenue (another road or two past our place, if you start from the tube station). That's not terribly far from the shop, so would even be near enough for you to go grab anything you needed in a hurry.
angusabranson
Jun. 26th, 2007 08:35 am (UTC)
The Big Yellow Box Company (or whatever they are called) have a couple of units at the end of my road too - just near the VUE cinema complex and then the other side of the bridge next to the cinema.

I did look into it but they were quite expensive when compared to paying a bit of extra rent for a larger living space.
lenfant_de_jeu
Jun. 25th, 2007 08:54 pm (UTC)
That is a lot of money to be using each month for the niceness of a little extra space... Imagine where that money could be going...

I tend to make awful financial choices after break ups but we always do what we need at the time!
paulofcthulhu
Jun. 25th, 2007 10:35 pm (UTC)
I used to work in London, in a great job, but had to leave due to the sheer cost of living. Even on a relatively decent wage, I ended up subsisting like a student once all the bills had been taken into account, and alas renting is dead money, no house equity. So I made the difficult decision to leave and move back North, get a house and even eventually got married.

I hope you do find a win-win situation, it may be worth asking yourself where you realistically see yourself in 10 years time? Always an interesting point to reflect upon.
danny_e11
Jun. 26th, 2007 10:46 pm (UTC)
I'll tell you what I tell everyone I hear complaining about london prices: London IS expensive, yes, but North London is fucking ridiculous frankly; move to East or South-East London and you can get the same place for a third less than what you pay at the moment. I know Finchley is very convenient for you cos I understand you work there, but if you pick a place on the tube or on a decent train line it's probably not going to be as traumatic as one would think - well, less that commuting from outside London anyway.

Just my 2p worth, but its really that I can't understand what the appeal of north london is - virtually everywhere else in London is better for me
ms_jinxme
Jun. 27th, 2007 05:18 pm (UTC)
Sorry to hear about your break-up! :-/
(I probably missed some previous post...)
( 15 comments — Leave a comment )

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