May Challenge Update & June Challenge

So this month has been a huge month for me this month, with various projects finally coming to the forefront, and hard work paying off. I also made my glorious return to the ring, with me appearing in a Britannia Wrestling show in Prestatyn, North Wales in the Bank Holiday Weekend just gone. I was nervous but since the show I’ve been grinning like a loon, it was such a good night for all!

So onto the challenges? Well first of all, I’ve decided that “it’s a secret” is a terrible excuse for a blog post, so I’ve changed it and given the challenges cryptic names, rather than being overly explicit or quiet. As such, I’ve given May’s task a name.

May Challenge – “Limited Edition”: Completed (5 Days Late)

So I’ve had to quickly rewrite this section as instead of being secret, we’re good to go and announce this.

I’ve formed my own Limited Company.

It’s mainly for my plugin work and the stuff kept really secret in the April Challenge that will be announced very soon, rather than any desire to go freelance (I’m very happy at 3 Door Digital and not going anywhere, thank you!). It was brought about with a chat at the last Mini Sascon in The Ramada hotel (where – apparently – people from The X-Factor were staying). My plugins were beginning to earn quite a bit which meant two things:-

  • I didn’t want to be sued by some trigger happy ambulance chaser which would see me lose everything.
  • I wanted to be able to sleep at night knowing The IRS won’t be knocking on my door.

After sitting down with a small business accountant, and laying everything out for them (in particular a “am I really on enough to justify going Limited?”), we decided that going Limited was the best option.

It’s quite exciting actually, well not the whole tax paying and filing documents thing, but the fact that it’s come to the point now that taking serious steps with making the earnings from my plugins a wee bit more official is quite nice.

I’ve still loads to do, but the first big step is done. Exciting times!

June Challenge – Saving Stuff

One of the goals for 2013 back in January is to save more cash. I commented on that post that when I moved from Manual Link Building to 3 Door Digital, my savings took a bit of a hit. You will be delighted to know however that since then I have recovered and exceeded my savings amount from pre-moving jobs time. Hurrah!

But it’s a bit slow recently, I put away a tenth of my wage, and I kind of want to increase it, as such, my goal for June is to place one fifth of my wage into savings.

It should be fairly achievable, it’s more to realign my principles. At times I’ve been good (I now have home made sandwiches most days in work), and bad (including one incident when, in a rush, I bought a train ticket, yet forgot to pick it up from the machine when it dropped down. Bellend.), so it’s more to be more careful.

Thankfully, due to a lost credit card and no football season, I’m not expecting June to be particularly expensive. Something will crop up though. All in all, I have an (unjustified) reputation for being a mingebag. I might as well live up to it.

2 thoughts on “May Challenge Update & June Challenge”

  1. Is mingebag some sort of Manchester term? It sounds like the sort of thing you are, I just can’t be sure.

    Congrats on the new company, btw!

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