A mid-June Update

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Well well.  June has been a great month so far and I don’t mind if I say it.

I’ve almost broken even on my Amazon Arbitrage, ( for more info see here) and I have a feeling that once September rolls around I’ll be on my way to making a little profit.

I have had one wonderful guest at my house already on Airbnb and am getting ready for another one to check in tomorrow!  That means I’ll clear around $800 from this gig so far… not too shabby!

I have also found out there is a home sharing group inside Airbnb between members and get this, I’m already setting up a swap for June or July of next year for a lovely little apartment in Switzerland!  I know it’s a ways from my original destination, but the goal here is to get out and travel and this is a great start!  We will see if this solidifies or not.

tea shop

I have been thoroughly enjoying my job at Nanna’s Tea Shop. It’s a lot of fun to drink tea, socialize with customers, and help out a great woman, all the while making a little extra cash.  As you know this money will go towards the Roth IRA so I will hopefully be set up for my yearly contribution when the time comes.

Writing has proven elusive but I am getting back into the swing of things and have decided to begin a 250 goal.  250 words every day.  It sounds paltry to me, who when I do sit down can knock out 2k at a time.  The issue is sitting down every day.  Sitting down when I just want to sleep.  Sitting down when all I want to do is drink a beer and watch the telly.  Every day write.  That’s a page a day.  Hopefully I’ll write more but 250 words every day.

Finally I may have sourced a great price for a cheap ticket to London, which means I’ll save my mileage points for something else.  We are talking $300 from Vegas to Manchester.  The same day on BA.com and United.com tickets from Vegas to Manchester are going for around $1300! I will reveal my source once I get my ticket.

So with that I am going to sign-off and get back to the busy work day before my busy evening of sourcing product for Amazon and getting the house ready for the next airbnb guest.

Oh!  And writing 250 words.  Yes this post is writing but it’s not getting my books any farther along…

Cheers for now!

Kim

 

I’m up on AirBnB and Guest to Guest

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I wasn’t kidding when I said I was going to get myself in gear this month.  I’ve edited all the pictures I took, written descriptions and put myself out there on the World Wide Web!  Well, my house at least.  Check out my listing at AirBnB!  Here is my favorite picture:

front patio

My patio at sunset, with a nice bottle of bubbly ready to go.  (Not to mention the nice view of the fire men period firehouse across the street.)

I also found a free home exchange site, Guest to Guest, and went ahead and threw the Loft on there as well.  It’s looking interesting so far and I love that it’s truly free.  They have groups you can join to help you find other travelers with your interests tastes, etc.  They also have a points system.  In fact, if you decide to join through this affiliate link here, I will get some serious points!  A win win for everyone.  If you do decide to join, find me and friend me on the site!

I will let you know my thoughts and feelings on these sites coming up but for now, here is another sweet shot of my home with the newly painted wall I tackled last weekend:

Living room

If you are a design type of person what do you think I should put in my fabulous frame:  A Jackson Pollack like black and white paint splatter picture, or perhaps a photo of an orchid I took?  I’ve had a lot of people suggest a black and white photo of the orchid.  Your thoughts?

Until next time!

-Kim Kennedy

 

An Adjusted Plan and May Re-cap

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So I finally sat down and did some serious number crunching, graph making, excelling, etc. and came up with the following expense chart.

costs for trip

You may notice I added a possibility of going to Ireland as well.  I love Ireland, want to retire there, and wish I could buy my parents a retirement house there right now.  Its on the side of the world I want to be on, and finally, it tends to be a heck of a lot cheaper than London.

I also broke out the costs based on 2, 2,5 and 3 month intervals, just to see how long I might be able to get away.

FInally I added the expected money I will have saved up by the time next May rolls around.  I took two examples the cheapest and the most expensive and came up with how much extra money I need to try and find between now and then.

Total for 3 months in London with everything else included, see above; 22k and change.

(Now at this point, my practical mind, with just a hint of AccountDad pops up and says, Holy cow kiddo!  You could take that money and invest it into a rental property!  What are you doing blowing this on a 3 month vacation?  The answer: I am not blowing it.  I am investing into a once in a life time experience that might never come around again.  More money can be earned but opportunities like these might only come around once in a lifetime.)

Total for 2 months, one in London and one in Ireland: 16k and change.  8k a month!?  Seriously?  Looks like it!

Now let’s look at the good news; I think I can have saved $13,500.

So money left to raise to get to London for 3 months? $8,500.

Money left to raise to get to our combo 2 month jaunt? $2,500.

When you look at it like that, it doesn’t look so daunting.  Once I get part the additional $2,500 saved in the next 11 months, I am cleared for takeoff.

Back to some sobering news.  This is after all my current money making schemes including a part-time job I got at a tea shop and my FBA projected earnings.

So I’ve got to find another way to hustle some money in a relatively comfortable and legal way.

Sadly, my writing is out.  It is not making any money.  In fact it is costing a lot of money.  More than I ever imagined it would, but I will post more on that later.

So I’m going to need to get going with this AirBnB.

Good news is, I got my photos of my house taken.  Which means I got it clean enough to take photos so yea! me.

I will want to get going on this by July.

More good news: I can use those photos to join housing exchange Networks, which means that I might be able to swap houses while in England thus saving me the cost of lodging.  I will be doing a review of these sites soon.

I am also getting ready to get my sales on, as in Craigs listing and Amazoning the crap out of my house.  I’m going to be ruthless.  Anything worth something that I am not absolutely in love with, is going out the door!

Now more bad news.  (I’m just up and down and all over the place today, aren’t I?)  This is going to be hell month for me at work.  Not only is it year end, we are also transitioning to a new state wide software system that is not going smoothly, to put it lightly.  This whole thing is reminding me more than anything that I am just not cut out for this cubicle crap!

I also need to buckle down with my writing so that when I head to these signings in August, I have something for people to get signed by me.  There is a concept.

Now for more good news! I took a look at my spending from May, please see below.

May spending

Yikes!  Looks scary, especially as you take into consideration the fact that I only take home 3300 a month, before taxes and other stuff is pulled out.  Yea, so I am going to need to reign in the spending.  But I have a wonderful new budget set and with all this work and writing, I’m not going to be able to spend a whole lot of time out and  tempted to spend money.  There must always be a silver lining to any cloud.

So there we have it, the goal set, and adjusted, and priced.  Now it’s time to get running!

Cheers!

Kim Kennedy

 

 

 

 

 

 

One Year until Takeoff!

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Well, well, well, how the time flies!  In just under 1 year from now I will be taking off on my Adventure of a lifetime!  I’ve been at this for four months now, experimenting, trying things out, and making goals.  Some of these goals and plans were good, and some…need to be tweaked a bit.

And that is OK!  Remember that this is the journey of life, and life is going to throw you curve balls and unexpected surprises and you have to be able to roll with those punches.

As a very wise speaker in a project management seminar I went to (yea, sounds thrilling right?) once said:  Ready, Fire!  Aim.

female archers

Ready, Fire, Aim?

Yep.  You need to get ready and have a plan, a dream, a goal, whatever you want to call it, and then you need to start going after it!  Then, as you are going and seeing things being accomplished or not, you can adjust your plan in order to make that target.

Another example that I am sure a lot of people have heard: When Apollo 11 headed out to the moon, NASA had to have a plan of how to get there.  They then fired the rocket!  And then they constantly re-aimed, like literally shifted that rocket every second to keep it on the right path.  And that little thing, despite  the fact that there was no internet, no cell phones, made it to the moon.

And so when you have a big plan, a dream, or a goal you are working towards, you must constantly shift, and re-aim, but YOU MUST, keep moving forward.

So is it time for me to practice what I preach?  Yes, yes it is.

When I started, and you can find the post here, I had a goal in mind; that being I was going to leave my full-time job on May 1 2015 and become a full-time writer, that could travel where ever she wanted to and still make a living!  This is still a big goal for me, but perhaps my Goal was a little ambitious.

Am I backing down, lowering the bar?  A bit, but the last four months of aiming after firing has shown me that my target will need to move out a bit so that I can adjust the flying arrow for longer before I hit that bulls-eye!

I still, someday want to have a full-time income that I can do from anywhere in the world. (Read: something on the internet.)  The most logical and pleasant of these options, at least for me, is writing.

Until someone starts paying me $100 for every Kindle book I read, while downing a nice cold beer, I’m out of luck on my very first dream of imbibing and reading for a living.

The one thing I am not backing down on; my great adventure, which starts on May 1 2015!

I am still determined to take off for parts unknown and leave my full-time job for at least three months, next year.

I am determined to have enough money saved up for this, (which means paying off all my debt) along with enough money to keep me safe for awhile after I get home, since most likely I will need to find another job, and not scrimp on my retirement savings.

This would be the public service part of the post where Accountdad pops up and says: I love the saving up money, paying off debt, and thinking of retirement, but don’t chuck your job!  It’s safe, and a good gig.\

Just a few days ago he discussed with me the importance of being vested with the state so I could receive the pension plan.  I also needed to start saving to “buy years.”  Refer to my earlier post on this, here, but I feel pretty strongly that this pension will not be there by the time I retire.

This is where I would then stick that voice of his back into my brain and say: I’m doing this the most responsible way I know how, but dang it Dad, I’m only going to be young once, and this is something I have to do.  I know I will regret it if I don’t do this, and I might not even make it to do this “someday.”  That someday, is now!

So my new goal is to take off on my adventure to London, for at least two months, ideally three, and leave my full-time job, not having to worry about running out of money mid Tesco shopping excursion.

If I happen to be able to make enough online by then to further this adventure, Great!  If I make enough to not have to ever go back to a traditional full-time job, Wonderful!  If I make enough on film rights to not only know I can retire and live leisurely, but also allow my parents to do the same, stick that in your pipe and smoke it Dad!

So in an upcoming post, I have decided it’s a bad idea to say the very next one, as I can’t keep my posting schedule straight, I will outline my adjusted plan for getting to my new goal!

For now, take another step in the direction of your dreams, or at least, adjust the map a bit…

-Kim Kennedy

 

March Re-cap!

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Well it’s been another stunner of a month on book sales with a total of 6 books sold for around $12 in royalties.  Not exactly the amount I was looking for at the beginning of my journey so I could be in trouble.

Now for the good news!  I found out I had almost enough frequent flier miles to head to London round trip on United so that takes my amount to save down by $2,000!  Now this cuts out that great layover in Iceland but perhaps I can work something out there.  Or just head over during my time with Ryan or Easy Jet.

I am working on getting the rest of the miles but even if I have to purchase the rest this will only cost around $160.  I can handle that.

I have also found out that as a member of WAGGGS or World Association of Girl Guides and Girl Scouts, I can stay at Pax lodge in London for the first few weeks for a very nice low price, cutting down on my costs a bit more.

I also began a little experiment with this amazing Fulfilled By Amazon and just sent in my first shipment, so we will see how this goes.  I will post more later, but if this takes off, I might be able to do this instead of a part-time job.  Even at my slowest time, which is now as I learn the system, I am making about $10 and hour which is what I would make at any part-time job.  Once this starts to go up I might be really bringing in some cash.

I also managed to stick an extra $100 towards the Credit card debt.  Once the April payment goes through I will have only 3121.51 to pay off, which, if I keep at $700/month, can be paid off by mid August or, if I add one hundred in to pay $800/ month, I could have it paid off by the beginning of August, so that would be $5,600 saved up by the time I left for London.

Without the airfare cost and a savings of around $300 on hostels I am well on my way to having half saved up.

This month I am going to work hard on getting my place up for rent on Airbnb, since I will be gone at the beginning of May, more on that in a second, get three new books out, and work on trying for two more shipments to Amazon, which will make an additional estimated $200 total.

Busy lady here!

Three books Kim!?  Are you crazy!  Not really… I have two that are over half way finished and edited, and one that is all done, save it’s cover, which is being polished off by a pro as we speak!

The loft is almost ready to receive guests, just needs some privacy curtains and a fresh coat of paint, and then walla I’ll list that on AirBNB.

Finally the Amazon Shipments will hopefully get easier as I continue to practice so I feel I’ll be able to accomplish these in 15 hours total instead of 10 hours each, as the last one took, bringing my hourly wage up by a bit.

I am also taking part in Camp Nanowrimo and have vowed to get the first episode of Her Holiday written so that will be ready for edits at the beginning of May before I head off to vacation.

Hold on Kim, vacation!  You are trying to save money for next year!!!

cubaI know but this was too good to pass up.  Mom and Dad have a time share in Cancun, Mexico and they also had air miles expiring so they bought me a round trip ticket!  I’m spoiled, what can I say?  They will also pay for most food and activities, read super spoiled, so I am having a lovely vacation almost free of charge.  I see those middle fingers sticking up people!

So, next time I will highlight how I began my journey of this FBA through Amazon and then perhaps talk about getting the loft ready for guests!

Chow for now!

Kim Kennedy

Unexpected ways to rack up the air miles!

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Air miles!  If you are a frequent traveler, or even just a once a year vacation type, you love the word bonus miles!  Those wonderful miles you earn in various ways to get a Free or discounted trip on various airlines throughout the world.

flight fiftiesYou can earn these in many ways but one of the most classic is through an airline credit card, especially if you live in the United States.  The next most common of course it to travel a lot.  Those folks that travel for work can really rack up some good mileage!

Some people devote their lives to the art of grabbing up those points.  These people are called Travel Hackers!  I am not going to go into serious detail about this since there are so many people out there who are already travel hacking ninjas, but here is where Nomadic Matt, one of my heroes, further explains travel hacking, and adds his process for booking a ticket, here.

But what about some of the lesser known ways to rack up those oh so precious miles?  Matt explains a few above and I will add my few as well.

1. Try and put everything you buy and can pay off in the same month on your airline credit card.

I have been shy about doing this as I am scared to death I will forget to pay it all off and hit on some nasty interest charges, and to some extent, I am right!  Airline cards are notorious for through the roof interest rates, I think mine is around 26%!

As you will know if you have read my earlier posts I am trying to pay off five thousand dollars worth of debt from the beginning of the year and for about a year before that I was carrying all that on my frequent flier mileage card!  That meant that I was throwing money at Chase and United Airlines and let’s be honest, neither one of those companies needs my hard-earned money.  I applied for an interest free balance transfer card, which let’s me go interest free for one year on the card, transferred the money over for a fee of $120, around the same I paid in interest for ONE month, and now have saved from January and February, $300 in interest charges. But I digress.

safari flightMy point was to be careful with putting things on the mileage plus card but do put charges on it that will help you to earn miles.  Back in the day I put all my college tuition on my credit card.  It took some time since I had the Student Frequent flier card from United but now I have almost 60,000 miles on my card!  Do you know what that means?  I can go Round trip to London next year for only $130 with the miles I have.  The extra money is the various taxes, which you can’t use miles to pay for.  This is huge, knocking $2,000 off my total cost for the trip.  I am still going to try and save this extra $2,000 however since airlines are notorious for blackout dates, sold out frequent flier seats etc.  The motto here is, buy early!

I also caution you to find the frequent flier card that will work best for you.  My Mileage Plus Student card from United is nice because it comes with no annual fees.  The downside?  It takes $2 to earn one mile.  Most cards give you a mile per dollar, but they charge you an annual fee.  This was great when I was a starving student and couldn’t afford that $99 annual rate, but I was putting a ton of money down every six months on tuition.  I am now going to keep my mileage plus card until London but find another one that’s easier to collect miles for my domestic flights scheduled this year.

2. Use the partner offers through your frequent flier mileage programs.  I am a member of three frequent flier mileage programs and probably should be part of more, but for now this is what I could handle.  I have Spirit’s, Southwest’s, and United.  Southwest has a super side deal with all sorts of partners that will earn you bonus mileage, even though I don’t have their card.

black suitFor example, if you head to their Rapid Rewards page right now, you will find a bonus offer for 1,000 miles if you file your taxes with Turbo Tax.  Now this is something even Accountdad would approve of.  Sadly he was so gung-ho about getting the fricken taxes done this year he forgot about filing them with this deal, even though he used…wait for it, Turbo Tax.  Oh well, one can’t be faulted for excitement over Taxes…uh yes they can!  The point is if you are using the products anyways you might as well get a bonus for it.   They have a nice site called Rapid Rewards Mileage shopping, that shows you all the ways you can rack those miles up while you are buying things you already purchase!  Find it here.

3. Double or triple dip!  What is this?  Ice cream and frequent flier miles?  Well, not quite but it’s a great little scheme that I love to use to get mucho miles and great deals!

Double dipping= You use the above Mileage Mall, as I like to call it to purchase office supplies.  They have a deal, for example, where you will earn 3 miles for every dollar spent at Office Depot.  PLUS, here’s where the double dipping comes in, if you use your mileage card to purchase it then you get those miles as well.  So if you spend $20 at the store you will earn 80 miles!  3 per $20 spent plus the 20 miles from the $20 put on your card.  Sweet!

Triple dipping= I’m at the Mileage Mall right now.  I notice on the front page they have a deal at Macy’s for 2 miles per dollar spent.  Further more they have free shipping and a free 7 piece Estee Lauder gift set if you spend $35 bucks on Estee Lauder cosmetics. The gift set even comes in a travel bag, how convenient for us mileage hoes.  So for $35 dollars you get 105 miles and a free set of cosmetics!  Now I’m not saying buy this just to get the miles, but if you needed some fresh makeup for your upcoming trip anyways, might as well get some other bonuses while you are at it!

airhartHere’s one other awesome triple dip idea, gift cards.  I look at the Mileage mall and notice they have gift cards available for various places.  One is called Magazineline.com.  They are giving you 15 points per dollar spent!  What!!!  so if I buy a $30 gift card for mom’s birthday, where she can go and pick out a magazine, I gift myself 450 points plus the 15 miles I get for purchasing with my mileage card.  465 miles!  Or you can keep the gift card for yourself and get a few subscriptions, maybe a subscription to a travel magazine that will show you other great ways to save!

You can also do this with the earlier Office Depot idea.  You are at the store, buying for the 2 points per dollar, getting the miles per dollar on the card and you can buy gift cards there for places that don’t offer miles, for example Starbucks, because you stop once a week to buy coffee anyways!  Would this be a banana split dip!???

3. Sell your gift cards that you bought with miles, on your mileage plus card for money.  Now this is essentially buying miles but if you do it right you end up getting more miles purchased per dollar than you do if you bought the miles out right.  This is a great option if you are trying to get those last thousand or so miles for a trip.

Example: you buy a bluefly card for $200 at Southwest’s Mileage Mall.  Right now you earn 6 miles per dollar. so that is 1400 miles earned.  Then you turn around and sell this at Cardpool.  They offer you $180 for the card.  You have just bought 1400 miles for $20.  It costs $41 to buy 1500 miles at Southwest which means that you saved we will go with 18 bucks!  You can see how that would add up quickly.

4. Partner offers that cost nothing to earn miles.  This one is a great idea and one I use now to rack up the points.  It goes slow but a few minutes every day can add up to a 1,000 a month for no money down.  I use e-rewards and e-miles to earn miles for filling out surveys, looking at advertisements etc.  You would think it’s not all that great but I’ve already earned 5,000 miles with Southwest, which will get me a one way ticket to Las Vegas.  Not bad!

5. Dinning clubs.  Once again using Southwest airlines, I use Rapid Rewards Dinning.  They have 182 restaurants they use in Denver and for every dollar I spend with them I get 3 miles!  So if I use the Southwest credit card at the location, I get 4 miles per dollar.  Further more I can earn 10 extra miles for written reviews for the restaurants.  (Later on I can take these reviews and use them for possible travel articles, earning me more dough! Mwa ha ha ha!) There are also bonuses for levels earned.  It’s really pretty sweet considering one of my favorite things in the world to do is eat and drink out!

Also keep in mind that you can use miles for other things such a hotels, car rentals, even restaurants while you travel.  My brother recently went to Costa Rica, business class, and stayed at a super nice hotel, all for free by using miles.  He did a sweet hacking tip that I’ll show you some other time.  Perhaps I can get him to do a little interview!

Just remember that in the world of travelling, he who has the most miles, wins!  So get out there and start collecting your points!

Cheers!

Kim Kennedy

(As usual if these are your pictures, and you want them down, just ask.  Found these all on pinterest, here.

A dream trip to London!

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No, Sadly, I am not giving away a free trip to London… although that would be really cool…perhaps when I have made my first ten million from movie rights on the books… (This is a dream post after all…)

This next series of posts are about how I would spend my adventure next year if money were not really an object.  I mean let’s be honest you could drop a few million a day in London Town, but even my imagination is not that wild.  So, here is the break down of what I would do and how much this would cost.  Because I love dropping my jaw over ridiculously expensive things. (It’s an American tradition on kin with Pumpkin pie and Turkey!)

Today’s post, the plane ride and my first week in hotels!

Brit hostessFirst off, I am sad to hear that there are no longer direct flights from Denver to London.  British Airways used to fly one a day, I suppose back when things were more plush, and I had the liberty of taking that flight twice. Sigh… So a first class ticket from Denver to London May 1st to August 1st, with a stop over in Chicago for two hours, where you can hang out in the fancy lounge at least, is…

$11,000

Excellent.

Now when I get to London I am going to want to enjoy the various five-star establishments of this city, because if you can afford it, hotels in London are second to none. So let’s do a tour of some of the finer spots, say two nights a pop?

Savoy  I’m going to start at the Savoy.  Why?  Because it’s the Savoy!  Further more one of my favorite bands, Duran Duran, once did a video there with a bunch of supermodels and it was brilliant and scandalous, (What!  A DD video that’s Notorious!?  Shocker!) and it made me want to run around that hotel in black haute couture, spilling champagne everywhere!  If you haven’t seen the video, do. (I believe Bob Dylan did a very famous video outside this hotel as well, but I have never been a big fan.)

$1800

Hotel 41Next up would be Hotel 41, currently the highest rated hotel in London.  It’s right across the street from Buckingham Palace and looks like something the old school M from the classic Bond movies would hang out at.  Further more they have a very generous complementary evening snack board that looks better than anything I’ve ever had in my fridge.  Finally, the rooftop bar is to die for… One I will be sure to save up for a drink at no matter what sort of budget I am on.

$980

DorchesterNext up The Dorchester.  I think I could live here for a few months if I tried, it looks like one of those hotels, like the Plaza, or at least what used to be the Plaza in New York, where one could come down every morning and be greeted by the staff and find all sorts of interesting people to talk too.  I would choose the Harlequin Suite, where Elizabeth Taylor used to stay and found out about her starring role in Cleopatra!  It’s a roof top suite affording amazing views and can be had for the very ridiculous price of…

$40,000! (This would be where Accountant Dad would fall over dead.)

Finally, while there are so many wonderful hotels to stay at in this amazing cosmopolitan town, I think you could stay a night in each one for a year and never get through them all, I have to choose a standard favorite and all around epitome of luxury…

RitzThe Ritz-Carlton, aka The Daddy of them all!  Yeah, I will never in my wildest dreams get to stay in this palace, but I will have a tea there no matter what, so I offer a picture of the famous tea room.  In the mean time feast your eyes on this price…

$2,400!

This is actually a bargain as it includes Breakfast, rose petal turn down, Tea for two and a 30 minute massage.  I’m thinking this is a great treat for my first  ‘I wrote it movie premiere’ in London.  I’ll just add that to the spoil me lifestyle list…

So, after the first week and round trip airfare, and BEFORE taxes,which are of course, astoundingly expensive to us Americans, my little dream jaunt thus far is going to look like…

$56,180!  

I haven’t even done any shopping, gotten my apartment for the next two months, taken any teas, done the theatre or dinning, or had any exciting activities. I’m not even going to go into the travelling costs to other countries.  Phew.  Well… a girl can dream, and that is what this exercise is all about now isn’t it?

Next post… My dream living quarters and a few of the must do’s while living in London!

leechSo as Robin Leech always said, “Here’s to Champagne Dreams and Caviar wishes!” (or was it the other way around?)

(Yes I was a shameless capitalist child of the 80’s!)