I've mentioned briefly in another thread, that after seven years hard slog, I will be selling the Subway stores.
I have now had agreement from two parties on a price for each store, and now it's really up to Subway to accept or reject the prospective purchasers (they do reject many of them). Even if accepted, it could take a number of months before the transfer takes place.
Kristine asked me a question- sorry Kristine for the slow response.
Although I will have enough to have a modest retirement, I am not yet ready to be put to pasture. And I guess I'd like a little more (not a lot more) than a modest retirement, when the time comes. My parents retired in their early 50s (I'm 57) and I don't see myself sitting around like they did.
Financially, I think my daughters will be much better off than they would have otherwise, because of their attitude to money. They have worked in the Subway stores since we started in them. The younger daughter was 11 at the time, so she especially has had an opportunity that many others have not. They have both learnt a lot from the experience. Now that I am dealing with so many Gen Ys I am seeing that many of them lack so many life skills. I have a very high drop out rate with employees who have been brought up in Australia. My daughters know so much more than many of their peer group about working well for an employer- I have always been a little bit firmer on them as employees. We see this even more, as we struggled to put them through private school- and many of their peers are extremely well off. Our girls, unfortunately for them, are (even now) going to have to buy their own cars, unlike many of their friends.
I was in IT before this, but I was mostly just a programmer. I was very good at my programming role, and I always wondered if my ability in this role held me back from any management role. Well I guess I've been able to prove to myself that I can perform a management role OK.
For seven years I've worked quite hard. I miss the IT world I came from. It would have been nice to get back into it, but that's going to be a bit difficult. I'm not quite sure what sort of work I would be able to get into now. I don't need a big wage like many of my age group. Just a fair wage. But I am looking forward to having weekends, evenings and holidays. I may well take a few months off between exchange and starting something else. A little travel would be nice, if possible.
I have now had agreement from two parties on a price for each store, and now it's really up to Subway to accept or reject the prospective purchasers (they do reject many of them). Even if accepted, it could take a number of months before the transfer takes place.
Kristine asked me a question- sorry Kristine for the slow response.
Well, I think I am but it's hard to tell. I may well have been better off being at my (much) higher paying job for that time, and buying more property. I have been drawing a very low wage for that time. But that has meant that I have learnt to spend a lot less on doodads. I suspect that by now I would have had a lot more doodads and a lot less cash than I will have had otherwise.Kristine said:
Although I will have enough to have a modest retirement, I am not yet ready to be put to pasture. And I guess I'd like a little more (not a lot more) than a modest retirement, when the time comes. My parents retired in their early 50s (I'm 57) and I don't see myself sitting around like they did.
Financially, I think my daughters will be much better off than they would have otherwise, because of their attitude to money. They have worked in the Subway stores since we started in them. The younger daughter was 11 at the time, so she especially has had an opportunity that many others have not. They have both learnt a lot from the experience. Now that I am dealing with so many Gen Ys I am seeing that many of them lack so many life skills. I have a very high drop out rate with employees who have been brought up in Australia. My daughters know so much more than many of their peer group about working well for an employer- I have always been a little bit firmer on them as employees. We see this even more, as we struggled to put them through private school- and many of their peers are extremely well off. Our girls, unfortunately for them, are (even now) going to have to buy their own cars, unlike many of their friends.
I was in IT before this, but I was mostly just a programmer. I was very good at my programming role, and I always wondered if my ability in this role held me back from any management role. Well I guess I've been able to prove to myself that I can perform a management role OK.
For seven years I've worked quite hard. I miss the IT world I came from. It would have been nice to get back into it, but that's going to be a bit difficult. I'm not quite sure what sort of work I would be able to get into now. I don't need a big wage like many of my age group. Just a fair wage. But I am looking forward to having weekends, evenings and holidays. I may well take a few months off between exchange and starting something else. A little travel would be nice, if possible.
