Monday, 27 May 2024

THE BENEFITS OF GROWING UP SKINT!

 

THE BENEFITS OF GROWING UP SKINT!


The other day I was musing about how I rarely get sick, or have never been seriously ill, and I surmised it was because of this reason:

I grew up as a child on a council estate in the 1980s… so my immune system is pretty much immortal!

It seems being mainly outdoors as a child, with no fussing over a bit of muck or dirt, is a good way of building up strong immunity.

But it got me thinking…

What are the other benefits do you think you have gained from growing up with little money?

Fat Baby does a cheeky grin at having to make her mum cut her elasticated sleeves!

Here is a list of ways I believe I benefitted from growing up skint!

RESOURCEFUL

You made do with what you had, and you made your own entertainment. In my case this included making rose petal perfume, creating my own library out of my books, a VIP Halloween party in my bedroom, and I have particularly fond memories of making mixtapes by taping songs off the radio and MC-ing to them.

These cassette tapes, Kelly’s Funky Jazzy mixtapes, volumes 1-20odd might be worth a fortune one day! 😆

I’m listening to the original Funky Jazzy tape right now as I’m editing this blog… it started strong with 80s legends The London Boys!
And my mate’s keyboard playing and singing is particularly entertaining!

YOU LOOK AFTER YOUR STUFF

Because you didn’t have much, you looked after the stuff you had.

This explains why thirty plus years later I still have many things in near-immaculate condition: my Beano annuals and Enid Blyton books, I have decades-old clothes and trainers, various toys and wrestling figures (and don’t say you wouldn’t have arranged them in order of your favourites for the photo either! 😆)

But even now it’s engrained in me to look after things well.

Really must clear out that loft, the tenant probably thinks there’s a corpse locked up there!
22p?! Can you get owt for 22p these days?!!
I’ll be impressed if you can name all these WWF Wrestlers!
I got very distracted very often with my nostalgic items whilst taking pictures for this blog.
But these dancing flowers are worth a pretty penny on Ebay!

NOT EASY TO SHOCK

“Interesting” things happened on streets where there was council housing… burglaries, fights and disputes, screaming and shouting, clothes and belongings being thrown out of windows, people shoved out of doors… all good entertainment, and excellent for building up a tough skin of unshockable resilience!

Stand there with that big vicious savage German Shepherd, it’ll be reyyyt…
An 80s fake Jerry Lee!

FRIENDLY AND SOCIABLE

Everybody knew everybody on the street, and most people were helpful if they could be. Like the time I accidentally stuck a wallpaper scraper in my forehead, and our elderly neighbours Betsy and Laurie helped my panicking mother sort out my bloodied forehead mess (look for the scar above my eyebrow – Harry Potter clearly copied me! 😆)

Top tip: don’t give children sharp tools, folks…

Or in fact, don’t give me tools at all; I can’t be trusted not to hurt myself with them!

All anyone wants in life is a knight in shining shell suit!
And I LOVED that cap!

GOOD WITH MONEY AND BUDGETING

When you have very little money, you have to learn to manage it well. So budgeting becomes a key skill you acquire, because you know your money must last. It means you don’t ever waste money on poor value items.

Earlier this month, I was utterly horrified to watch my friend get ripped off at the ice cream man, £4.50 for a cone! 😱

Not in our day: a great value ice cream from Mr Rossi cost just 25p.

Or if money was tight that week you were told, “NO, get a choc ice out of your freezer” 😫

Hell fire, a nonce’s dream! Which leads us to our next point…

CAN SPOT A NONCE A MILE OFF / GOOD GUT INSTINCT.

This is a very strange and peculiar spidey sense I have developed since childhood. Not least because we were clearly told: “Keep away from the nonce at number 37” etc.

It was common knowledge to everyone locally who all the paedophiles were and where they lived, and thus was totally acceptable to talk freely about them / warn children to avoid them when you saw them.

This in turn meant you learnt to see and recognise bad people and sense things about them. I think they have a strangeness and a particular ‘look’ about them – and it’s not just because they wear a particular style of spectacles, known in the 80s as paedo glasses.

Anyway my point is this: it meant I developed a real good gut instinct about people. And not just if they’re a wretch child molester. I can tell when something’s not quite right with someone, or even if they are feeling bad / sad / not quite themselves, on a particular day. Weird, eh?!

CHEERY, AND MAKE THE BEST OF THINGS.

You had little, you might have been skint, hungry, lacking in the latest toys, and wearing second hand clothes – but you got on with it. There was no point dwelling on what a terrible lifestyle you had or how bad luck the hand you were dealt was – so you might as well make the most of it, no matter how dire the situation.

For me, this meant skating down the house ginnel in roller skates singing “Just one Cornettooooo” or failing badly trying to master a pogo stick – and the day my mate’s mum got a large paddling pool from a catalogue was like jackpot!

Picture shows original ginnel!
And absolutely sweet threads for the kids in the 80s!

Also:

MANY HOURS OF INDEPENDENCE AND CONFIDENCE BUILDING

Toodling along on my little scooter with my mate on his BMX around the village. Yes, we were free to roam the entire village; no soft namby-pamby, mollycoddling, don’t-leave-my-sight helicopter parenting in the 80s – you just had to make sure you were back home when the street lights came on! Great for pushing your own bravery levels and comfort zones!

We would explore the village, and also deliver newspapers to all the posh houses, me in awe at how much bigger and nicer they were than ours.

(Must have subconsciously made it my mission in life to one day own a bunch of houses!)

I was so amused the day I got given this ‘Adult’ ticket at a show that I kept it!
SEE MUMMY, THE MAN SAID SO!!

This has given me possibly the biggest benefit of all:

A GOOD WORK ETHIC, GRATITUDE AND APPRECIATION.

I appreciate everything, because I still remember what it means to have nothing.

Now I am (supposedly!) a grown adult, and a comfortable homeowner with my own business, I don’t ever forget my roots, or where I came from – nor am I ashamed of it.

Although I was embarrassed at the time, being one of the very few minority kids in Drighlington Juniors from the few council house streets that were on free school meals – and I think that burning shame sticks with you and spurs you on to do better.

I believe if you were born poor, it’s not your fault.

But if you die poor, that’s entirely your fault.

So I’ve worked hard to escape that poverty trap.

And in an interesting twist of fate, a large percentage of my rental houses are ex-council houses, meaning the previous owners have likely bought them through the Council’s right to buy scheme.

So I buy them and then often house families who have been on the council housing waiting list many years… because the council now doesn’t have enough council housing to house low-income families.

Ironic, eh?!

So on the whole, I think I’ve developed many benefits of growing up with little money.

And yes, I can only imagine that privilege is good – but graft is better 😉

Featuring Sam the teddy, who still gets to sleep with me every night! 😆

I’ll leave you with one final amusing anecdote of childhood life in the 80s:

Sunday night bath, then drying off in front of the gas fire in your nightie, watching Bullseye on the telly.

…ONE BATH A WEEK?!?

WHAT WAS ALL THAT ABOUT?!? 😆😆

Make no wonder my immune system’s bulletproof! 😆👊🏼

I have no explanation as to why I looked like a young boy for about, er, 40 years…

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Kellyann Martin is a UK-based property investor.

She has a book available for purchase on Amazon, click here to buy:


STARTING OUT IN PROPERTY...: What I Wish I'd Known At The Beginning! : Martin, Kellyann: Amazon.co.uk: Books

Thursday, 26 October 2023

THE TOP FIVE BOOKS I’VE READ

THE TOP FIVE BOOKS I’VE READ… in the last few years, of a self-development nature, although two of them were audiobooks I listened to but I’m still counting them…

Well, the title pretty much tells you what this blog is about!

I'm so old now, I have to wear my glasses to read...

I’ve always been an avid reader, but I switched from fiction to self-development books when I started my property career.

I meticulously log the titles of all the books I read, but it was only in January 2021 that I started grades for each book, giving each one a mark out of 5.

So this is how I can easily pick out the best I’ve read to share with you. Well, from the ones since I started grading them that is!

So here we go, in no particular order:

1.     Happy Sexy Millionaire by Steven Bartlett

An audiobook, which I listened to the majority of whilst driving to and from Birmingham earlier this year. I like authentic storytelling of genuine hardship childhood stories, mixed with no nonsense fluff, so this was good for me.

Here’s the tinterweb link I used to listen to it for free! 

https://youtu.be/Z2-x2bANIUw

 


2.    The Monk Who Sold His Ferrari – Robin Sharma

I bought this on the recommendation of a lovely lady, and it got one of my (few!) 5-star ratings. Again, an interesting biographical story, about, well again, the clue’s in the title!

 




3.    Atomic Habits – James Clear

Another audiobook I’ve given a 5 to. This was over a year ago, and with memory failure I’m not sure why - that’s the problem with driving and listening, you can’t make notes or plan out things to implement immediately! I do remember thinking at the time though: this is useful to help with my (as yet undiagnosed) ADHD traits - so I will definitely be revisiting this book. And making notes this time!

 


4.    Eat The Frog – Brian Tracy

I go through phases where I’m a terrible procrastinator, so this book definitely helped with my mindset to stop faffing about and gerronwi’it. And I tell you what, Mr Tracy must have had a positive effect on me, because he’s made it into my list twice!

 


5.    No Excuses – Brian Tracy

Doing well for ‘clues in the title’ today, aren’t we?! Anyway, Brian did well again with inspirational mindset work which fired me into action. This was an audiobook too, get yourself a bit of Brian ont speakers!

 

BRUCIE BONUS –

Yes, I know I said Top 5, but this one’s also down in my list graded as a 5, and so I’ll feel bad / unfair / it will upset my Libra sense of righteousness if I miss it out! So, last one:

 


6.    Get Rich, Lucky Bitch – Denise Duffield Thomas

A lady that changed her mindset around money and gives inspirational help and insight into how to do it too! I like Denise, and I follow her on various platforms. She’s no nonsense, casual in her approach, and non-ranty (sorry Mr T. Robbins; I like you, but forced positivity is hard work for us Brits!). Anyway, DDT’s a top lass 😊

 


So there’s my best book recommendations for you, and before you go, here’s why reading self-development books is so beneficial:

You get to learn in a few hours, key skills and knowledge that has taken other people spent decades of experience and research to learn.

How’s that’s for a quick-fix, easy way ‘cheat’ to success?!

And books are mere pounds in cost, compared to hundreds or thousands spent on courses and seminars!

 


It is said that Warren Buffett spends 5-6 hours a day reading, and look where that has got him: one of the five richest people in the world.

So if reading is good enough for Uncle Warren, it’s good enough for me!

 

UNCLE WARREN SAYS:
GET READING, GET CLEVERERER!
(or something like that, probably!

Best wishes, and happy reading (or audiobook listening),

Kellyann

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Kellyann Martin is a UK-based property investor.

She has a book available for purchase on Amazon, click here to buy:


STARTING OUT IN PROPERTY...: What I Wish I'd Known At The Beginning! : Martin, Kellyann: Amazon.co.uk: Books

Monday, 24 July 2023

How Do You Know When to Walk Away From a Deal?

It’s a very rare occurrence, but I rarely walk away from a property once I’ve had an offer accepted on it. 
But that’s what’s happened recently.

I was initially very excited about this property – but also, a little baffled about how quickly the vendor accepted my low offer.

Further due diligence revealed that there was a flying freehold issue - which meant the loft space above the property’s main bedroom belonged to a neighbour in the house attached to the back of that property… very strange layout.

So the room in the loft space was someone else’s space, with their bedroom / bathroom above our bedroom.

I think it would’ve been very difficult to get a mortgage on that sort of flying freehold issue – hence why the vendor was desperate for a cash offer, having already had other buyers drop out.

It's no good doing a load of work on a property and then not be able to pull the funds back out - I don’t take scary risks like that, especially not with other people’s investment money.


So today’s blog has three main points…

How do you know when to walk away from a property deal?

Or in the words of Kenny Rogers: know when to walk away, know when to run!

 


1. WALK AWAY IF…

A property isn’t mortgageable, or it will be very difficult to get a mortgage on it… assuming you did intend being able to get a mortgage on it at some point, and not just buy it cash outright and leave cash in it. Yes, sometimes unmortgageable properties can be made mortgageable, e.g. by adding in kitchens to make it habitable and so on.

But you can’t do much about someone else’s bit of house over your bit of house!

2. WALK AWAY IF…

The deal simply doesn’t stack. If you’re going to end up leaving way more money in than you ever imagined, perhaps the deal isn’t really a good deal at all.

3. WALK AWAY IF…

The house is a turkey. If there’s something terribly wrong with it, which is either unfixable, or it will cost you a massive bomb to fix it eg. major subsidence.

 

So those are three reasons to walk away. Unless of course you’re super rich and are willing to pay for fixes and problems and headaches, or can afford to leave loads of money in the problem.

Is it really worth the cost, stress and sleepless nights?!

That’s up to you to decide, dependent on your available funds, your mental wellbeing and your risk factor!

But I don’t take high risks. I like to sleep at night, and have an easy, calm, drama-free, stress-free life - so I always play it as safe and securely as possible.

In my view, yes, it’s a shame if things don’t work out to plan, and it’s disappointing when it rains on your parade… but it’s better that than being struck by lightning!


SO DON’T TAKE CRAZY RISKS!

It’s not worth the stress, hassle, and major risk to yours or other people’s investment funds!

 


PS – I saw the late great Kenny Rogers in concert in Manchester back in 2010… but I can assure you, I’m no Gambler... 

And had I known I would feature him in my blog a decade later, I would have taken much better photographs!!

          

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Kellyann Martin is a UK-based property investor.

She has a book available for purchase on Amazon, click here to buy:


STARTING OUT IN PROPERTY...: What I Wish I'd Known At The Beginning! : Martin, Kellyann: Amazon.co.uk: Books