Hi guys

I just wanted to drop by and let off a little steam.

While self-employment is fantastic in some respects (mainly freedom) it does mean that your income is up and down and actually quite unpredictable. Every day is either a pay-day or it's a no-pay-day and you never know which it's going to be when you get up in the morning.

During difficult economic times, the peaks and troughs seem higher/deeper than ever I'm finding. Sales can be great for weeks then die literally overnight and not pick up again until the next month.

So what does this have to do with trust deeds?

When setting up a trust deed, they look at your average income over the last 6 months to work out your TD payment. But, by definition, taking an average means that some months your income will be higher and some months it will be lower.

We have just had one of those low months and I've had to write to my trustee explaining why I missed May's payment and re-affirming them that I'm totally committed to make this thing work within the agreed timescales. I truly hope they believe me and understand how much I want this to work.

So please allow me to vent...

Aaaaaaaaaaaaargh!

Thanks. That's better.

Cheers,

DFW