Looks like Eyjafjallajökull is still doing its stuff, though we are starting to hear military jets which presumably go at different heights?
It’s not just me that is enjoying the peace from the incessant low-frequency rumble at the threshold of hearing, though I do feel for all the poor sods who are stranded through no fault of ther own. Particularly as it looks like the travel insurance companies are going to welch on their responsibilities, surely unforeseen circumstances are exactly the reason why people buy travel insurance? D’oh…
This is bringing up other interesting stuff, such as that air freight is 25% of all imports to the UK by value. Some of the things that are air freighted are shocking. Fresh fruit, okay, but clothes? What the hell is up with that, importing clothes by air, are we nuts or what?
There is something deeply wrong about what is reported in this article
There are fears that British supermarket shelves could soon be empty of green beans, mangetout and sugar snap peas, among the main vegetables sent from Kenya each day.
We shouldn’t be airfreighting low value stuff like this. For all sorts of reasons, including
Supermarkets’ ‘just in time’ delivery schedules mean that while there is some stock kept in reserve, it is only enough to last for two or three days.
One day, we will come to bitterly regret the brittleness of our distribution systems…
I have always have employment income as the vast majority of my income, and this has always been working for a company. I have run a limited company on the side, so I’m not a total noob to working for myself.
As I contemplate transitioning from employment income to other forms, it strikes me that the nature of my income in future will be very different. And the difference gives me the willies. As Susan Jeffers’ book title implies, that isn’t a good reason to not do it, but these are some of the differences:
Paid employment income
Stable (till you lose your job)
usually the single or main source of income
Compared with that, the business owner, writer or freelancer’s income is
highly variable month to month
very difficult budgeting, either needing borrowing or a large cash float/emergency fund
diffuse – several strands of work at the same time
I’m glad that I paid off my mortgage while running on steady employment income, I’m not sure I’m cut out for such a large and critical regular outgoing on a variable income. There again, I have been lucky enough to be able to weather two recessions without losing my job, for the downside of employment income is that it is usually the only source of income. An employee is stuffed when they lose their job, compared to a freelancer who happens to lose just one income stream of several.
The feast or famine income pattern of freelance work isn’t to my taste at all. In some sorts of work I am looking at clients have a quarterly cycle of payments, add a couple of 90-day terms to that, and you can end up flogging your guts out but still being skint for six months, and when it comes through the temptation will be there to kick back for a while.
I bought my first house in 1989. Bad choice – the guys in the office said prices were overrated and Lawson’s boom and canning of mortgage interest relief was going to artificially inflate prices.
I was young and knew everything, so not only did I buy the house at the top of the market, but I also took out an endowment mortgage, despite my parents warming me up to the fact there’s no point for a single bloke with no dependants that was my youthful self. That’s the advantage of being such a clever cocky young pup, you get to pay for your very own mistakes too 🙂
We recently had our windows changed, and the old ones had secondary glazing fitted to the original single-glazed frames. The secondary glazing was aluminium-framed and mounted on the inside of the windows, running in channels, and it seemed criminal to waste it when the Oak Tree needed cold frames.
By matching up the front to back dimensions I ended up with four usable pairs of panes. The widths of the panes were all different, but this was not a problem. The frames were made of 2×2 inch pressure-treated wood and the cheapest way of doing the siding was using weatherboard, which ends up with quite a pleasant appearance. About £120 worth of wood means we now have four decent sized cold frames about 50 inches deep and 70 to 90 inches wide.
Big cold frames can be surprisingly expensive – this large cold frame is smaller than our smallest one can costs more than what all four cost put together, showing that going DIY really scores on saving costs, we got £800 worth of cold frames for less than a quarter of the cost!
Window companies usually trash the large fixed window panes in the process of removing them – they take the glass out then make some saw cuts in the frames, collapsing and folding them out of the opening. However, the openable side panels can usually be salvaged intact if you ask the guys nicely. With older wooden frames you even get a nice set of hinges to mount to your timber frame. We were particularly fortunate in that the secondary glazing meant that we could recover the large panels intact, saving the glass firm trade waste and re-using them.
I also discovered the value of local firms here. I sourced the wood from a local sawmill, Nelson Potter Ltd. I have no table saw or other power saw, but taking the dimensions to them James kindly sawed the pieces to the correct lengths, which also made it a lot easier to transport. However, I forgot one piece, so on a Sunday I thought I would get this from B&Q, since Potter’s are a bit far away for just one piece of wood.
I located a piece of 2×2 pressure treated wood, and thought I’d make use of their cutting facility. So I wander up with my piece of wood, and I observe I can have four cuts. After that it is some outrageous price per extra cut, but fair enough. I only need one to be able to get the wood into the car. So I press the button, and after a while the guy comes up. I’m out of luck though. Sharp intake of breath “oh no sir, pressure treated wood. Contaminates our waste sir, we can’t do that”. So I have to buy the wood as is, and take it out in the car park and use my own tenon saw to cut it, across a trolley. They wouldn’t even loan me a saw to do it because of ‘elf ‘n’ safety. Jobsworths. I knew they wouldn’t lend me a saw (they used to years ago) as I’ve been had by their game before. I’d have to buy the damn thing, which is why I always have one with me if I am buying material too long for the car. To add insult to injury, the one timber cost more than twice as much as it would have done from Nelson Potter’s.
I am no talented carpenter. It did disturb me at the time to be screwing into the end-grain of the 2×2 pieces of wood, and I have since learned how I should have done this had I started over, with the risers on the inside of the horizontal frames so I could have avoided the ends. However, the weatherboard gives the whole thing more structural integrity – these are pretty solid in their final form despite the dodgy carpentry practices. It goes without saying that screws, nails and any other hardware needs to be galvanised or otherwise plated.
Food is one of those fixed costs that you can only reduce to a certain level, and one of the classic ways to reduce the cost is to grow it yourself. As well as being a damn sight cheaper, it also tastes one heck of a lot better, if you are any good.
In the UK we have a thriving allotment system, which will probably only get more popular as people tighten their belts financially. Supermarket fruit and veg is so deracinated that it is quite remarkable how it took over. My mother would never buy veg from a supermarket, but bought it from the thriving market stalls in Lewisham when I grew up. She considered supermarket produce as second-rate and beyond the pale. In fairness they have upped their game in the intervening decades. As a student and then single man working odd hours in London the supermarket was my friend, and I forgot what decent produce tasted like.
I have to admit that this isn’t my area of expertise at all. I used to grow tomatoes in my small garden, until I got hit with tomato blight two years running, and gave up. However, I’m lucky here as my partner Joanne has been doing this for years, and she has taken it to the next level with the purchase of the Oak Tree Low Carbon Farm, which will grow produce in a sustainable way. This doesn’t just mean energy sustainability.
Part of the reason much of our produce is relatively taste-free is that growing it with artificial fertilisers is almost using the soil as a hydroponic growing medium, so trace minerals are reduced. There are other reasons – supermarket shoppers shop with their eyes, so varieties are selected for appearance and long keeping times instead of taste, and supermarkets truck the produce long distances, from the fields to hubs, and then often back along the same roads to the local stores, so what taste the produce had to start with begins to fade. In the past people relied on the soil, enriching it with organic material in a sustainable closed loop system, but after the Second World War we started to add nutrients derived in industrial processes from fossil fuels, largely natural gas nowadays.
Every so often I’d come across a book like Stephen Covey’s The 7 Habits of Highly Effective People and they would go on about setting direction. I hated to-do lists, and here was someone advocating creating the mother of all to-do lists. So I’d skip on to the next chapter, move along, nothing interesting to see here.
It hit me, when I started looking at how I could retire early, that these self-help guys were right. I had a goal, though I hadn’t set it in a formal way. Now that I had a map, I could start to make things happen in a coherent way.