The secret to being wealthy?

[Neil Davey]

Health must be first on the list.

Neil

[Nicola McIntosh]

my family’s health come first… 😀

but you’ll never be wealthy being a signmaker!! :lol1: 😉

Nik

[John Simpson]

quote nixnaxpc:

but you’ll never be wealthy being a signmaker!! :lol1: 😉
Nik

I’ll second that statement Nik
L J

[Lynn Normington]

I think health and happy, wealthy would be very nice then I could concentrate on being healthy I’m always happy (well mostly) and I am moderately healthy well lets face it I’m not dead yet 😀

Lynn

[Lynn Normington]

Bit slow of me I didn’t notice Nik what does that mean 😛

Lynn

[Vince Francis]

quote :

but you’ll never be wealthy being a signmaker!!

You aint kidding, and with a partner!!!! NO CHANCE lol

[Andy Gorman]

The first Sun newspaper(?) Bingo millionaire was a signmaker, if I remember correctly. That’s about the only way to get rich. We all still do it though, don’t we?

[Peter Normington]

To get to be wealthy from scratch,
you will need to be ruthless, heartless, stab people in the back, be dishonest, betray your friends, and tell lies,
Thats why most sign people arn’t
peter

[Phill Fenton]

The secret to being wealthy is to have rich parents 😛

[Rodney Gold]

Peter , I disagree , to become financially secure or a little more than that (monetary wealth ) one doesnt have to be dishonest or unscrupulous.

Wealth is about your expectations. No one can ever really buy anything and there are many things that cannot ever be bought. If you have a ’73 Ford escort panel van as transport , then a new Fiesta might be considered enough . Drive a JAG and then your perception of a “wealthy” mans car is a Bentley or an Astom Martin. As I say it’s all relative.

I agree in some part , I doubt one can make obscene amounts of money running a signage business , but it can be the seed to a good lifestyle.
The biggest problem with wealth is that the more you have , the more you want and the second biggest problem is when to enjoy that wealth without beggaring yourself in the future. I know folk who squirrel away all their lives , scrimping and saving and then die “wealthy” – I don’t see the point in that. I know folk who blow it all as they get it and live the “wealthy” life , but on a day to day basis – a recipe for disaster later in life.
I would say you are wealthy if you can afford to retire NOW and not take a drop in lifestyle and have enough capital to either maintain that lifestyle or better it in the future.
If I take myself , at 47 , with a wife that doesnt work and a 8 year old daughter , I cannot possibly retire now without a huge amount of money and I CERTIANLY dont live the high life. A moderate home , 2 cars , decent food , school fees , a holiday now and then , a few toys and so forth cost me around 5000 quid a month and inflation runs at 5% lets say.
I need a yearly income of at least 60-70 000 quid + (tax has to be considered) to maintain this and it has to grow by at least 10% per annum.
I would need enough cash in the bank to generate this whilst NEVER eating into capital. Assume an interest rate of 8% , and to generate 70k , you have to have at LEAST a million quid , to account for inflation or maintain growth , you can easily double this to 2 million quid and I would feel FAR more comfortable with 3 million. Thats a LOT of money and as I say , we arent talking the high life. Difficult for a small signage co to generate that or even sell for that.
Ultimately , as a signage guy , if you want to retire or feel wealthy – your company (which can also be classed as “cash”) has to generate enough for you to do so without you, and the only real way you can do that in signage is expand and hire good enough people so that it CAN run without you.
Of course there are many other avenues of investment that can grow big time , these require some element of risk and thus often one has to view money put into these as “throw away” money , IE you can afford to lose it. In essence , most of us are just employees , even tho we own our own businesses. As an employee on a fixed wage , it’s extremely difficult to find the investment cash – but thats whats required to get “wealthy”

I consider myself wealthy in that I can do stuff I enjoy within reason , I have a wonderful wife , a wonderful daughter , am warm and dry and well fed , am in sort of reasonable health (I have diabetes) etc.
Im not rich and will most likely NEVER be (tho would like to be) I suppose had I not spent anything or indulged myself and family , I would be wealtheir in money terms now , but wouldnt have enjoyed the path to getting there.

[Jayne Marsh]

Well Im skint! But happy!
Trying to eke a living out of signmaking, sometimes it all seems easy and sometimes it doesnt, but Im lucky enough to be able to work for myself so that Im there when my kids need me ( even tho they drive me insane ) Maybe one day my business will earn me enough money to retire, maybe not. But I have my health, my kids, my hubby and Im alive so I consider myself extremely wealthy 😀

[Shane Drew]

I’d have to agree Jem.

I am wealthy in so many ways. I have a wife of 22 years that loves me (I hope), I have kids that I enjoy having around, I really love my work (although I work way too long) I’m fortunate to work with my parents, and have done so for 30 years. I have good health (but could probably lose some weight.) 😥

I have enough money to take the family out and have a meal out every now and then, I can pay my bills, and I have a reasonably good reputation with my peers. 😮

I have travelled overseas (bc – before kids) in the past, but I am happy to stay home if I need to, and the bank lets me think that I am buying my own home… eventually 😛

Money can’t buy most of what I have listed above, so I see myself as being very wealthy. 😀

Cheers
Shane

[Chris Hooper]

I always liked Charles Dickens – Mr Micawbers definition of wealth and happiness.

“My other piece of advice, Copperfield,” said Mr. Micawber, “you know. Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.

[Carrie Brown]

Two fab kids who are my everything, a nice home, food on the table, bills paid, flexible working hours being self employed, doing a job I really enjoy doing, good friends …… I feel wealthy 😀 Still wouldnt say no to a few millions though 😉

[Fran Hollywood]

Your health is your wealth but l also heard this ditty which rings true for me:-
“Life is like a sh*t sandwich, the more bread you make the less sh*t you taste”

[Peter Normington]

Rodney, wasnt talking about being financialy secure, I was talking about being mega rich. Me I am very happy and contented, with or without money.
Peter

[Peter Normington]

…

[David McDonald]

I’ve got the secret on how to become extremely wealthy without any effort.

All you have to do is (mod-edit) admin@uksignboards.com
sorry, that idea is just too good – we are keeping it to ourselves

I think you will agree that this will solve all our financial problems – I’m so pleased I could share this idea with you.

Macky D

[Marekdlux]

quote Macky D:

I’ve got the secret on how to become extremely wealthy without any effort.

All you have to do is (mod-edit) admin@uksignboards.com
sorry, that idea is just too good – we are keeping it to ourselves

I think you will agree that this will solve all our financial problems – I’m so pleased I could share this idea with you.

Macky D

:lol1: :lol1: :lol1: :lol1: :lol1: :lol1: :lol1:
-Marek

[Peter Normington]

edited by big brother?

[Lynn Normington]

what did you get edited that Marek saw that cant see that’s going to make me filthy rich 😛

Lynn

[Marekdlux]

:lol1: I think he made it look like it had been edited, but it really hasn’t. I may be wrong though and the mods are out getting rich.
-Marek

[David McDonald]

OK I admit it. I haven’t got the secret and I made it look like a Mod Edit….. Or I could just be in on their deal !

[Nigel Pugh]

UKSB is a good starting point. (>)

Leave your job, buy the kit for signmaking and then ask the question how to go about doing signs on UKSB. (?)

Get a zillion answers from all you good folk, practically a free degree in theory for nothing 😀 Even a helping hand from those who may work near to you.

Wealth can only be measured by the amount of friends / people who will help you out when you really need them.

Nigel

[Andrew Ritchie]

or find a rich woman :lol1:

retire and play xbox all day 😎

[Carrie Brown]

Are you speaking from experience Andy?? 😉

:lol1:

[Andrew Ritchie]

you’ve got to be kidding my girlfriends a slave driver 😥

[Phill Fenton]

quote Jobe:

UKSB is a good starting point. (>)

Better still – join the uk sign group and get discounted prices for all your materials 😀

Trouble is – there are so many tight fisted wanabee signmakers that cruise these boards but are too mean to buy a UKsg gold membership and reap the full benefits of being a fully paid up member.

there you have it – I’ve told you the truth – take it or leave it 😛

[Shane Drew]

quote rightsigns:

quote Jobe:

UKSB is a good starting point. (>)

Better still – join the uk sign group and get discounted prices for all your materials 😀

Trouble is – there are so many tight fisted wanabee signmakers that cruise these boards but are too mean to buy a UKsg gold membership and reap the full benefits of being a fully paid up member.

there you have it – I’ve told you the truth – take it or leave it 😛

can’t help but think you have a ‘death wish’ mate :lol1: :lol1:

[Lynn Normington]

I’ll take the truth always 😀 even if I don’t like it
Lynn

[Lynn Normington]

Shane who do you think has a death wish just read all of that can’t find any one wanting to die

🙄 lynn

[Phill Fenton]

The UK sign group only exists in Britain. As such, It would be pointless for an overseas member of the boards to join the buying group.

However, any member of these boards who is a serious signmaker and is based in Britain is missing out if they don’t join the buying group.

I hope that clarifies things 😀

[Carrie Brown]

quote Macky D:

OK I admit it. I haven’t got the secret and I made it look like a Mod Edit….. Or I could just be in on their deal !

:lol1: :lol1: :lol1:

I missed this lastnight ….. just back tracked through the thread …. thats quite funny.

I agree with Phil … uksg is a good starting point for saving some pennies.

😀

Did we or didnt we edit Macky D’s post … that is the question ….. do we share a get rich quick scheme???? 😛

[Shane Drew]

quote Lynn:

Shane who do you think has a death wish just read all of that can’t find any one wanting to die

🙄 lynn

😛 I was refering to rightsigns post actually. Thought his post may have been ‘killed’ by the mods but I see it has been clarified. That’s all. My attempt at being sarcastic I suppose, sorry 😳

[Carrie Brown]

Shane why would we edit or kill Phils post …. what he says is quite right ….. The UKSignboards buying group … “UKSG” is something that we have no problems with peeps advertising … I am a member as are many others here and that allows us to buy materials from certain suppliers at a very good discounted rate only available to UKSG board members …… hence being a good start for anyone trying to saving some pennies and get rich ….. well ok not rich but at least save some pennies 😛

😀

[Shane Drew]

quote Carrie:

Shane why would we edit or kill Phils post …. what he says is quite right ….. The UKSignboards buying group … “UKSG” is something that we have no problems with peeps advertising … I am a member as are many others here and that allows us to buy materials from certain suppliers at a very good discounted rate only available to UKSG board members …… hence being a good start for anyone trying to saving some pennies and get rich ….. well ok not rich but at least save some pennies 😛

😀

:lol1: :lol1: Carrie, I was refering to phils comment ‘Trouble is – there are so many tight fisted wanabee signmakers that cruise these boards but are too mean to buy a UKsg gold membership’

As has been clarified, I can not buy UKSG as it is of no use to me. The original post of phils could have offended some of us outsiders, but phil quickly clarified it so it was not an issue. I suppose I didn’t want to be considered mean and tight fisted without a good reason. 😀

Now that the post has moved on, and phil, my newest best friend, has defined his post even better, my comment seems out of place.

I guess you had to be there…… 😛

[Carrie Brown]

:lol1: Would you believe Im well known for confusing situations even more … 😳

Thanks for that Shane at least now I get it.

and overseas members definitely are not looked upon as tight fisted wanabee signmakers that cruise these boards but are too mean to buy a UKsg gold membership.

:lol1:

[Shane Drew]

quote Carrie:

:lol1: Would you believe Im well known for confusing situations even more … 😳

:lol1: I can get well and truly confused on my own Carrie, I don’t need any help :lol1: :lol1: :lol1:

[Hugh Potter]

well despite being divorced, i have four great kids who i see loads, the two boys have taken a real interest in the vinyl cutting, and my oldest lad (12) has had me instal corel 12 onto his pc at his mums so he can do design too, he wants to go down that road for a career so maybe he’ll end up working for me at some point if it all works out, he prob knows more about computers than i do ! so that has also given me an extra boost to make this work, for their sake.

i have a wonderful girlfiend of four years now, she’s simply awesome, i couldn’t ask for a more positive or supportive partner,
the kids love doing what they call ‘the parent sitting shifts’ (6 days here 8 at mums !), and often simply say ‘i love you dad’ followed by a cuddle, there’s little more wealth than that !!

i have two great parents who are always supportive of what i do, even tho mum always cringes when its something to do with the drag car !!

basically i’m pretty healthy, i’m happy in what i’m trying to achieve with this new sign making venture, and or the first time in a long time, i’m pretty content with things, i’m still skint, and i guess i do place alot of value on money, if for no other reason that to enable me to get completly off of the meagre benefits i do receive,

i dont have any aspirations to be a millionaire, tho it would be rather nice ! i just want to have a few hundred quid at the end of the week and to be comfortable, if ya can pay the bills and not worry about how to afford the day trip out with the kids, then things are ok in my book !!!