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RE: LeoThread 2024-12-17 14:54

in LeoFinance3 months ago

Part 4/8:

Overall, after accounting for all months, my total profit for the year looks to be around £9,014.12 (approximately $11,454.16), not factoring in payments to my mother, who assists with cleaning and changeovers.

Operational Challenges

Over the year, I have faced various challenges, particularly managing expenses. The mortgage on the house, around £550 per month, has been a constant factor. It's an interest-only mortgage, which means the principal isn't being reduced, though I can pay off 10% of it annually without penalties. This scenario places significant pressure on operational costs, especially during colder months when heating bills can escalate dramatically.