A very brief update just so people know what’s going on!
I handed my notice in on the day of the last post I made, so it’s all done and now counting down the days. Exciting / terrifying stuff π
In all honesty not much actually happened, which was in some ways disappointing, if I’m honest part of me wanted to see people running around like their heads were on fire. But in the main stress free is all good for me.
What actually has happened so far:
- A brief 5 minute chat with an HR guy, very informal, asked my why I was leaving and did I have plans, and discussed my last day date.
- I put forward to them my last day should be 20th March, it’s still not 100% confirmed but that’s the day I’m working to in my head.
- Word has spread and a few people mentioned it, all have been very nice about it, I think only one person genuinely sounded surprised though… π
- My boss of my immediate boss still hasn’t even mentioned it. I’ve known/worked with him for about 7-8 years, which I think is a bit weird.
- Had another brief chat with HR guy who asked a few more questions and mentioned would I stay on a bit longer if needed. I said unless you give me a specific reason (e.g. complete this technical task that it would be harder for someone else to do after I’ve left) then the answer is no. I’m not hanging around for a few extra weeks just to “give every one a hand” or be an extra pair of hands, if they now realise they are horrendously understaffed they should have listened to me 8 months ago when I said we desperately need to hire another developer. I said certain people have done me no favours over the last 18 months, so I am not going to be doing them any favours on my way out 1
- Found out another guy with a lot of legacy knowledge is also leaving very soon. Makes a decent handover even more important (for the company!) so I will be working with him to make sure knowledge is documented properly (not that anyone will ever read it hah!)
My feeling is that this was probably quite expected, maybe people were more surprised at how long I’ve kept on here more than anything!?
Or maybe it is a relief to finally hear I will be going haha.
Other random thoughts:
- I am still quite bricking it about not having a steady monthly income, even though side hustles are still at the time of writing easily (on average) outweighing our expenditure. We are planning on a fair bit of work around the house this year which will all add up, and one or two bad months on the side hustling will really put the frighteners on me! I just know this will happen literally in the month after I get my last pay packet, such is the Law of the Sod π
- My Dad has asked a few probing questions about whether I am earning any money yet. It’s awkward because I don’t feel I can tell him about the gambling hustles because I think he’ll freak, so I’ve had to say no. It’s almost ridiculous to say but the main reason I want to get some real business income as soon as possible will be so I can tell my parents about it without lying to them, even though if I did lie it would be a fairly white of lie just to make them feel better, I don’t want to get into a situation where I’m making up business income, that would be far too messy to keep a track off haha!
- I am very much looking forward to “having a lay in” on week days which will mean getting up at 7am rather than 6:15am (I find it harder to sleep past that anyway nowadays!)
- I am also looking forward to having more time for personal care. Sounds ridiculous but just things like going to the dentist and so on tend to slip for me because I am “too busy”. I will have no excuse once out of the office so will start making this kind of stuff a higher priority.
- I’m also really looking forward to knocking off lots of small admin tasks I’ve let build up on my TODO list, which I’ve let build up partially because I know I will have the time to do them all very soon
- I will definitely miss working in London, it’s a great place in so many ways. But I live close enough to pop up any time I like. I’ve always had a bit of a love/hate relationship with it, so maybe it’s best if I keep if at arms length most of the time, only to venture in once a month for catch ups etc.
In any case, it will be quite emotional to be leaving somewhere I’ve been at for 16 years, even though the company and people have changed unrecognisably from when I started.
But I am looking forward to new adventures π
Notes:
- This is admittedly spiteful/childish perhaps but there you go π – It is worth saying that most people I will be making a big effort to maintain contact with and go out of my way to help before I leave, so not planning on burning bridges which is stupid, you never know when contacts might come in handy again in future! But on this point I feel I must make a very minor stand, I’m sure they don’t really care either way anyway. ↩
Discussion (28) ¬
Well done that man. Look forward to hearing of your journey from here. Good luck. You will do just fine.
Thank you Robert! π
Thanks for the update, TFS.
Understand your reluctance to mention your hustle income to your Dad – there’s always so much bad press about gambling that no matter how legitmate, I guess it’s hard for some not to see past it. Your work on the bot and the success you have achieved so far is incredible – well done to you!
It will be sad to leave the company after so long and it’s good to hear that you intend to keep in touch with many of them, but on to greater and more exciting things, eh!?
weenie recently posted…State Pension + Change of FIRE Meet Up Venue
Thanks weenie, let’s hope so eh! π
Not sure how you handle the side hustle income but I have all my business income into a different account with a different bank so I can separate out tax and then still pay myself a set monthly wage for the sake of normality. My wage covers my expenses and then extra money I make that’s leftover in the business account I take out separately once a month or every couple of months, either for extra expenditure or straight into the Vanguard. I find it easier that way but I’m sure you’ll find your own system!
Kieran MacRae recently posted…The Wager Update
Hi Kieran,
Yes I will be running a similar system, I already have a separate bank for the gambling side hustles which have the added benefit of being tax free π
But I also have a separate business bank account, which has hardly anything in it because I haven’t really done anything on that side yet. I am hoping I can live off the gambling side hustles and just build that business account up and up and just see where that takes me. I guess if it makes sense to pay myself minimum wage or whatever out of that (or more if I make pensions contributions) for tax reasons, then I will do. But I will need to actually make some money in the first place before I can really work out what is the best way to structure that haha!
Cheers for the advice as usual π
This is admittedly spiteful/childish perhaps but there you go
Not at all TFS – if it was me, I’d be conducting any final HR interaction in the demeanor of Rik Mayall – either Lord Flashheart (series 2) or Alan B’stard.
Plus; firms do need to realise that there most important assets are hard working/loyal/intelligent staff. Yet… they rarely/never seem to do so, certainly IMO, and look all around confused when the SHTF, 3 months down the line. Don’t think you need to worry about income with your profitable side hustles though.
the Ig recently posted…The Igβs life changing science of chucking your crap out, Northern style.
Haha, thanks for making me feel better the Ig!
I couldn’t agree more with you either … “Yetβ¦ they rarely/never seem to do so”
Cheers!
I gave notice on Jan 2nd to end work on March 31st. I’m planning no side hustle and this is real retirement – although I’m not ruling out doing the odd bit of work if I choose.
Amazing, congrats BBB! How long did it take you to get there, if you don’t mind me asking?
Very excited for you, and massive kudos for pulling the trigger. Always leave your employer on the best possible terms, it’s a small world. Your big boss is probably sulking and disappointed at losing a good worker – i’m sure they’ll come round to accepting it eventually. Gambling hustler = professional trader now, so your dad should be fine with the new job description.
Talking of new descriptions, maybe the website name will have to change, as i am not convinced you are still a ‘starter’!
Very well done.
PS – cocoa futures have hit a 2 year high, hence why i’m a little jolly at the moment.
Thanks as always for the comments KC.
Hmm… I see what you mean about the name but I am very attached to this now haha… I can’t see me changing it anytime soon!
Ah interesting… You do some commodity trading privately then, or is that your line of work?
I’m definitely not a pro trader – i have no edges, so it is purely a little fun punting money that i use to try and earn a bit of extra cash for my holidays. Like the ski trip to northern Italy i was supposed to be going on today but wisely (i think) decided not to travel! Boo!
Well done TFS. I am really pleased for you. It makes complete sense to be a little nervous and both excited at the same time really, only natural. You are now entering the next phase of your life work/career wise which just shows how amazingly well you have done.
Chris @ TheFIJourney
Cheers Chris, all the best mate π
Congratulations on taking the plunge! I love that your side hustles are covering your expenses: that’s a great situation. Best of luck with all that comes next!
Done by Forty recently posted…Maybe We Wonβt Retire Just Yet?
Yea I think many in the traditional FI camp would scoff at what I’m doing. It’s definitely more risky than the trad route. But worth a shot I reckon.
Thanks!
Cheers for the update – in a very similar boat myself, but just a few weeks behind you. Its pretty horrible/scary for sure.
I need to be on my best behaviour over the next month and not do anything I come to regret.
Ah didn’t know you were so close The Rhino!
Amazing π
What are your plans for post work life?
Theres been a significant deterioration in work relations between myself and the CEO over the last 6 months. To the point where I’m wondering whether its better for me to walk rather than be pushed.
I don’t really want to retire (in fact I don’t think the numbers sensibly support it), but I have a strong desire for greater autonomy over my time, and a tilt of work-life balance toward the life end of the spectrum.
50hr weeks and 25 days leave get harder to justify the more your net-worth grows. At some point I feel I’ve got to take advantage of all the saving, otherwise what was the point?
I’ve got a total mental-blockage about what to do next though, probably due to being institutionalised by having a salaried job for the past 16 years.
Maybe I need to become a gambling fiend like yourself! Seems incredibly lucrative, though I have a strong suspicion that I would fall at the other end of the spectrum spending hours to generate a few quid π
I’m trying to gear myself up to generating a plan-B to generate income/purpose post current job, but its early days.
I was half thinking of taking a micro-retirement of 6-12 months as part of the process.
Thanks for sharing your further thoughts.
16 years of salaried work – another coincidence π
“what was the point” – Could not agree more
As long as you have some kind of plan for a bit of money and like you say, purpose (more important!) after pulling the plug then I am certain you’ll be fine even if the numbers don’t quite sensibly support it yet.
If it makes you feel any better, I am still very unsure about it, and now with this latest situation even more so (post coming v soon for more about that hah)
The gambling thing is a bit crap for this blog in a way, it’s not really a path everyone can follow nor one I’d specifically recommend. I can’t really peddle the whole “Here’s how to achieve your freedom angle, just do what I did” angle.
Anyway, a minor downside to something that has managed to buy myself my own “freedom” so blog core message be damned π
Like you say quitting is not a one way street. After 12 months of decompression you might be raring to go with a normal job again. Similarly, I might find the “solo-preneur” lifestyle far more boring/unfulfilling than I thought and be looking for another 9-5 job in a years time. It’s worth giving it a go to find out rather than holding on for “just one more year” indefinitely, with a situation that most likely sub-optimal for your own happiness.
Congrats TFS!
Pulling the plug is hard and a nervous time, you check and check your figures and calculations to determine that you can leave.
Its is hard leaving a place that you have worked in for so long, where you have great work colleagues.
Good Luck with the hustles.
Thank you SparkleBee, that means a lot to me coming from a long time reader / FI community member such as yourself π
Good for you, and what a coincidence! I decided to jump as well. In my case I am helping the company out, working 3 days a week until 16th March.
It’s a bit of an emotional rollercoaster, that’s for sure, but I’m really excited to be jumping!
Baldrick recently posted…Thursday Check-In
Hah, cool! We can give each other emotional support when we are jobless bums π
Love the nickname – “I have a cunning plan” indeed π
Yea This is the awsome plan of living like thats idea I love to update your plan regularly.
halim recently posted…Best Golf Ball for Seniors: Top 10 Picks
Hey TFS,
Iβm quite a bit behind on my blog reading, I will be interested to read your subsequent posts for how the Coronavirus situation has impacted you. Hopefully it hasnβt caused any problems because your side hustles are home based, though I guess with no sports happening the opportunity for gambling has significantly reduced. Is betting on e-sports a thing?!
Hope all is well.
Corinna